Nairobi's NSE 25 drops 11.73% as NCBA posts 9% Q1 profit growth
The NSE 25 closed at 5,002.83, down 11.7327%, while the NSE 20 ended at 1,400.45, down 24.7361% as of May 22, 2026. NCBA Group reported first-quarter net profit of KES 5.96 billion to KES 6 billion, up 9%, according to The Kenyan Wallstreet, TechTrendsKE and Bizna Kenya. BAT Kenya said a proposed tobacco law could cost the government KES 12 billion a year, according to Capitalfm.co.ke and Citizen Digital, while AD HOC News said its first-quarter revenue update kept the focus on Kenyan consumer demand. On market structure, a May 22 report said Satrix will list an MSCI World feeder ETF on the NSE, while the Nairobi Securities Exchange appointed Sterling Capital Limited as market maker for the NEXT Derivatives Market.
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NSE 25 jumps 12.9% despite Ksh10 bln foreign share sales
The NSE 25 jumped 12.9236% to 5,749.28 on June 10, while the NSE 20 rose 2.9651% to 1,037.6. The advance followed Ksh10 billion of foreign share sales on the NSE, concentrated in the five biggest stocks, according to Business Daily and Sacco Review. BAT Kenya said on June 5 that proposed tobacco law amendments could cost the government Ksh12 billion and threaten jobs, saccoreview.co.ke reported. The same day, the NSE said it appointed Sterling Capital Limited as a market maker on the NEXT Derivatives Market and unveiled a step to widen retail investor access, according to June 10 exchange statements.
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