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.
Related stories
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
Press Release - Nairobi Securities Exchange Plc Admits Fintrust Securities Limited as an Authorized Securities Dealer (ASD) in the Fixed Income Market