NCBA jumps on KES 23.4 bln profit as NSE holds broadly flat

The NSE 25 closed at 5,714.45, up 0.0179%, while the NSE 20 added 0.2134% to 3,587.82 on April 13. NCBA led the news flow after posting 2025 net profit of KES 23.4 billion and lifting its total dividend by 30% to KES 7.10 per share, according to Bizna Kenya and MarketScreener, while Kigali Today reports Nedbank visited Rwanda to advance a takeover of NCBA Bank. The market is still framed by March's selloff, after a KES 96 billion daily loss on March 24, the 7th-biggest drop since 2008 according to The Kenyan Wallstreet, followed by KES 200 billion wiped from blue chips on March 25, Business Daily reported. On product flow, ALP REIT listed as the NSE's 1st dollar-denominated security on March 22, Dabafinance reported, and the exchange said on April 13 it is expanding retail access and that investors will soon be able to trade global markets through the planned Satrix MSCI World Feeder ETF listing.