Press Release - Nairobi Securities Exchange Plc Appoints Sterling Capital Limited as a market maker in the NEXT Derivatives Market

NSE 25 drops 32.85% as CBK clears Nedbank bid for up to 66% of NCBA

The NSE 25 closed at 2,742.64, down 32.8515% on Sept. 1, 2026. The Central Bank of Kenya approved Nedbank’s acquisition of a stake of up to 66% in NCBA Group, according to TechAfrica News and People Daily. The NCBA transaction led banking headlines over 2 days, with confirmation on Aug. 31 followed by approval reports on Sept. 1, according to the 2 outlets. Separately, HFCB Group shares were halted by the NSE after a results release, Serrari Group reported.

Nairobi Securities Exchange — KEGN at 11.4 KES as 7.89% yield and 7.2 P/E draw focus

KEGN rose 2.2% to 11.4 KES on Tuesday, extending its 5-day gain to 4.6% while the NSE 25 fell. With a 7.2 P/E and a 7.89% dividend yield, KenGen stands out as a defensive utility in a more selective market.

Press Release - Nairobi Securities Exchange Plc Appoints Sterling Capital Limited as a market maker in the NEXT Derivatives Market