Equities Highlights
On a monthly perspective, the market indices recorded a downward trend with the Nairobi All Share Index decreasing by 5.2% m/m.
Foreigners’ participation expanded to 57.3% of the total market activity with trading turnover increasing in absolute terms.
Equities market turnover increased by 25.2% m/m to KES 6.19Bn in November 2024 from KES 4.94Bn in October 2024.
Stock Coverage Updates
We have issued our revised 1-year target valuations for all counters in our coverage.