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.
Related stories
NSE 25 slips 0.40% as NCBA and new global ETF drive focus
The NSE 25 fell 0.40% to 5,674.12 on May 20, in a session shaped by corporate filings and market-structure updates. NCBA Group stayed in focus with strong 2025 earnings and regional expansion, while its Nedbank deal and dividend continued to draw attention, according to AD HOC NEWS. BAT Kenya issued a first-quarter revenue update that kept the spotlight on Kenyan consumer demand, according to AD HOC NEWS. The exchange also saw a run of May 20 annual filings from Nation Media Group, Express Kenya, Home Afrika and Limuru Tea, while investors will soon get access to global markets through the NSE listing of the Satrix MSCI World Feeder ETF, according to analyst reports.
Press Release - Nairobi Securities Exchange Plc Appoints Sterling Capital Limited as a market maker in the NEXT Derivatives Market
Investors on Kenyan securities exchange will soon get access to trade global markets as Satrix lists MSCI World Feeder ETF on the NSE