Slam Holdings stole the spotlight in Nairobi on Tuesday, July 7, 2026, surging 8.7% to KES 8.48, the strongest gain on the board in a session that was far from uniformly bullish. That contrast says a lot about NSE Kenya today: the NSE 25 jumped a striking 27.54% to 3,827.1 points, yet market breadth was almost perfectly split, with 25 gainers, 26 losers, and 6 unchanged counters.
Slam’s rally came in a market shaped by two opposing forces. On one side, the Nairobi Securities Exchange released 20 official announcements in a single day, including a new Banking Sector Index, the appointment of a market maker for the NEXT derivatives market, and the upcoming listing of the Satrix MSCI World Feeder ETF, according to NSE statements. On the other, the USD/KES at 129.25, up 0.65% on the day, raises imported cost pressure, while Brent crude at $73.54 a barrel, up 2.1% on the session and 2.8% on the week, revives concerns around fuel costs, logistics expenses, and Kenya’s broader energy import bill.
Key figures
- SLAM +8.7% at KES 8.48
- NSE 25 +27.54% to 3,827.1 points