NSE 20 slumps 47.32% as NCBA, BAT headlines drive focus

The NSE 20 closed at 1,860.72 points, down 47.3194% on May 19, by far the session's dominant market signal. NCBA Group drew focus through 2 reports in 4 days on its dividend, its 2025 annual report and fresh attention linked to a Nedbank deal, according to AD HOC NEWS. BAT Kenya also stayed in view after tobacco leaf output reversed a 6-year slump following farmer incentives, Business Daily reported. On the issuer side, the market was busy on May 19 with at least 10 filings, including audited results from Safaricom, Nation Media Group, Car & General Kenya and Limuru Tea, plus 2 notices tied to board appointments at Nairobi Securities Exchange.