NSE Weekly Market Insights: Market Cap Reaches KSh4.168 Trillion (August 24–28, 2026)

Joseph Mutua
3 Min Read

Kenyan equities ended the week on a positive note. The Nairobi Securities Exchange closed trading on Friday, August 28, 2026, with all four major benchmark indices higher on the day.

Market capitalisation rose to KSh4.168 trillion, keeping the bourse firmly within its ongoing 2026 rally.

NSE building Nairobi
The Nairobi Securities Exchange closed Friday’s session with market capitalisation at KSh4.168 trillion. Photo: NSE

Friday’s Index Levels

Index Closing Level (Aug 28)
NASI (NSE All Share Index) 248.38
NSE 10 (N10) 2,693.40
NSE 20 4,309.45
NSE 25 6,912.89

These are Friday’s closing levels rather than a calculated weekly move. The Nairobi Securities Exchange’s own weekly aggregate for the August 24-28 trading week has not yet been published, so a verified week-on-week percentage change is not yet available.

Banking Sector Snapshot

Banking counters remained the most closely watched segment of the market on Friday.

Counter Closing Price (KES), Aug 28
Absa Bank Kenya 34.25
KCB Group 93.50
Equity Group 93.25

KCB Group and Equity Group closed within five cents of each other, underlining how tightly matched the two banking giants remain on the exchange right now.

Telecoms and Consumer Goods

Counter Closing Price (KES), Aug 28
Safaricom 37.85
East African Breweries (EABL) 279.25

Safaricom remains the single largest counter on the exchange by market value, continuing to anchor the bourse’s overall capitalisation. EABL held steady as one of the more consistent large-cap performers through the month.

What This Means

Friday’s close puts the NSE’s total market value within striking distance of the KSh4.2 trillion mark, extending a rally that has been building through most of 2026. Banking and telecom counters continue to carry the bulk of that value.

A fuller picture of how the week from August 24 to 28 actually performed, including verified turnover, volume, and index percentage changes, will be available once official weekly aggregates are published early next week.

Related:NSE Weekly Market Insights: Top Gainers and Losers (August 18–22, 2026)

Bottom Line

The NSE closed Friday, August 28, with market capitalisation at KSh4.168 trillion and all four major indices higher on the day. Banking counters KCB and Equity closed almost level with each other, while Safaricom and EABL held their positions among the exchange’s most valuable stocks.

Kenya News will publish a full breakdown of the August 24-28 trading week, including verified turnover and index percentage moves, once official weekly data becomes available.


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Joseph Mutua is the Lead Financial Journalist for Business.co.ke. A graduate of Journalism from the University of Nairobi, he specializes in breaking down complex regulatory updates, KRA tax compliance frameworks, eCitizen system transitions, and market insights. With over 6 years of experience tracking fiscal policies across East Africa, Joseph ensures all regulatory guides and market insights on the platform are highly accurate, verified, and easy for Kenyan entrepreneurs to navigate. He can be reached at [email protected].
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