NCBA Group stood out on Thursday, 11 June 2026 with a 2.3% gain to 90.5 KES, putting the lender among the clearest winners on the day at the Nairobi bourse. Over the last five sessions, the stock moved from 89.5 KES to 90.0 KES, then 88.0 KES, 88.0 KES and back up to 90.5 KES, a net 1.1% rise that matters because it came after a short consolidation rather than a one-day spike. With an RSI of 58.56, the setup points to improving momentum without yet flashing an overbought signal.
That move came in a market that looked stronger on the surface than underneath. The NSE 20 rose 2.97% to 1,037.6, while the NSE 25 jumped 12.92% to 5,749.28. But market breadth was mixed, with 22 gainers, 24 losers and 9 unchanged counters out of 55 tracked names. In other words, this was not a broad-based rally across the Kenya stock market; it was a selective session, and banks were one of the pockets where buyers showed up.
Key figures
- NCBA: +2.3% at 90.5 KES
- 5-day performance: +1.1%
- P/E: 6.8