The Nairobi Securities Exchange (NSE) delivered its largest weekly surge on record as investor wealth climbed by about Ksh.220.24 billion, driven by strong performance in major listed companies.
The rise pushed the market’s total valuation to an all-time high of roughly Ksh.3.419 trillion, reflecting heightened buying interest in blue-chip stocks that have underpinned market momentum.
Market gains were broad-based but primarily led by heavyweights such as Safaricom, Equity Group, KCB Group and Stanbic Holdings, whose share price strength helped lift overall investor confidence.
The surge in market capitalisation, according to Business Daily report, indicates that shareholders saw significant paper returns during the week, pointing to a renewed appetite for equities amid improving economic sentiment and trading conditions.
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The week’s performance also aligns with ongoing bullish trends that have characterised the NSE in recent periods, where lower yields on fixed-income investments and a search for higher returns have drawn more funds into listed equities.
This environment has seen investors reposition portfolios toward shares, particularly in established companies with strong fundamentals, as they seek capital appreciation in a market that continues to show resilience.
The record weekly gain highlights how the NSE is capturing renewed investor interest, with major counters playing a central role in expanding market value and signalling healthy participation in Kenya’s equity market.
