The NASI dropped 1.14% to 244.72 and the NSE 20-Share Index eased 0.59% to 4,341.24, with 30 counters declining against 17 advancing across 56 traded. Turnover of KES 350.1m came in 73.3% below the 17-session average, reflecting thin activity. Investment shares led losses, down 4.28%, while Investment Services gained 1.82%. Banking slipped 0.64% with 9 of 12 counters lower, pulling the NBSI down 0.72%. Safaricom (SCOM), Equity (EQTY), Co-op Bank (COOP) and KCB (KCB) topped value traded. Foreign investors were net sellers at KES -6.5m, 37.5% of turnover, selling KPLC and NSE while buying SCOM and EQTY.

Aliko Dangote used an NSE investor engagement to defend the Sh2.2 trillion Lamu refinery project against a court dispute over construction, calling such challenges routine, and reiterated plans for a Dangote Petroleum Refinery IPO to give retail investors a stake. President Ruto confirmed the government will hold a stake in the project and that shares will be available to Kenyans via the NSE. Separately, EPRA data show TotalEnergies (TOTL) lost oil marketing share to smaller players in the year to June 2026, alongside broader shifts among fuel marketers as LPG and petroleum consumption both rose.