{
  "id": 11287985,
  "title": "Kenya Markets: NSE & the Shilling — October 1, 2026",
  "url": "https://urgent.news/2026/10/01/kenya-markets-nse-the-shilling-october-1-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T20:02:56.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/kenya-markets-nse-shilling-thursday-october-1-2026/"
  },
  "original_language": "en",
  "account": "Kenya's stock market opened the fourth quarter on a modestly positive note on Thursday, October 1, 2026. The NSE All Share Index, which tracks all shares listed on the Nairobi Securities Exchange, rose 0.50%, reaching 246.82 points. The index's growth was primarily driven by Safaricom, the largest company on the exchange, whose shares surged 1.39% to KES 36.40 per share. Safaricom's share trading volume of 3.81 million shares was significantly higher than any other stock, accounting for more than a quarter of the total trading volume that day. The NSE 20 Share Index, focusing on 20 large blue-chip stocks, only gained 0.04%, indicating that Safaricom's performance heavily influenced the broader market. The Kenyan shilling remained stable against the US dollar, trading at 129.71 per dollar. Fresh inflation data released for September showed a year-over-year increase of 6.8%, with food and non-alcoholic drinks rising by 9.5%, while transport costs jumped by 15.6%. This inflationary pressure could potentially impact consumer-related stocks negatively. The trading volume on Thursday was 19.8% lower than the previous day, suggesting that the market's gain was more a reflection of Safaricom's strong performance rather than widespread investor enthusiasm. The broader NSE 25 and NSE 10 indices also saw gains of 8.85 and 5.26 points respectively. The banking sector showed mixed results, with some banks rising while others fell, indicating a lack of a clear directional driver. Foreign investment in the market remained a mystery due to the lack of specific data on who was buying.",
  "summary": "Safaricom lifted Nairobi on Thursday, pushing the NSE All Share Index up 0.5% to 246.82 while the shilling held steady at 129.71 per US dollar. The post Kenya Markets: NSE & the Shilling — October 1, 2026 appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}