
NSE 25 slips 0.55% as bourse launches banking index
The NSE 25 fell 0.55% to 5,667.98 on April 30, while the Nairobi Securities Exchange announced a new banking sector index and admitted Fintrust Securities to the fixed-income market, according to April 30 exchange statements. Corporate news stayed busy with 2025 audited results from Car & General, Sanlam Allianz Holdings Kenya and BOC Kenya released on April 30, alongside an NSE public announcement tied to its 2025 ESOP. In banking, Co-op Bank Kenya is splitting into a holding company and eyes East Africa, News Ghana reported on April 27, while Absa Bank Kenya signed 2 separate partnerships with World Navi on April 20 and TransAfrica on April 15, according to Business Today Kenya. On stocks, BAT Kenya faces a leadership shift after a record dividend payout, according to FXLeaders on April 30, while Money254.co.ke on April 17 highlighted the NSE’s top dividend payers and AD HOC NEWS on April 9 flagged shifting insurance-market dynamics around Sanlam Kenya.
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