NSE Adds KSh 1.05Trillion in 2026 After KSh 1.01Trillion Gain in 2025

The Nairobi Securities Exchange added KSh1.05 trillion in investor wealth in the first seven months of 2026, with July contributing KSh230.06 billion as every major index extended its year-to-date return beyond 27% and total market value closed just KSh8.22 billion short of KSh4 trillion.

• Market capitalisation rose from KSh2.945 trillion at the end of 2025 to KSh3.992 trillion on July 31, a 35.57% increase.
• The gain has already exceeded the KSh1.01 trillion created during the whole of 2025, delivering back-to-back trillion-shilling annual increases for the first time in the available record.
• June added a record KSh350.46 billion, followed by KSh230.06 billion in July, the first time the exchange has recorded monthly wealth gains above KSh200 billion in two consecutive months, with the combined KSh580.52 billion representing 55.4% of the value added in 2026.

The market has now more than doubled in value since the end of 2024, when capitalisation stood at KSh1.933 trillion. Listed investor wealth has increased by about KSh2.06 trillion over the subsequent 19 months.

July’s increase ranks as the sixth-largest monthly market-capitalisation gain in the supplied series, behind June 2026, February 2026, March 2024, June 2025 and July 2022.

The rally remained broad across the major benchmarks. The NSE 20 led July with a 9.00% gain to 4,093.51, taking its 2026 return to 30.40%. The NASI advanced 6.12% during the month to 237.86, the NSE 25 gained 5.84%, the NSE 10 rose 5.77%, while the Banking Index added 5.62%.

Year to date, the Banking Index remains the strongest benchmark at 32.31%, followed by the NSE 20 at 30.40%, the NSE 10 at 29.69%, the NSE 25 at 28.93% and the NASI at 27.48%.

The performance also carries historical significance with the NASI has now delivered returns above 25% for three consecutive years for the first time since its 2008 launch. The NSE 25 has recorded its first three-year run above 25%, while the NSE 20 has posted returns above 30% in three consecutive years for the first time in its historical series.