{
  "id": 8275533,
  "title": "NSE sheds Ksh206B in one week as stocks slide",
  "url": "https://urgent.news/2026/09/18/nse-sheds-ksh206b-in-one-week-as-stocks-slide",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T16:37:10.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/business/nse-sheds-ksh206b-in-one-week-as-stocks-slide"
  },
  "original_language": "en",
  "account": "The Nairobi Securities Exchange (NSE) experienced a significant decline in market capitalisation over the week ending September 17, 2026, losing approximately Ksh206 billion. This was primarily driven by sharp drops in major share indices, such as the NSE All-Share Index, NSE 25 Share Index, and NSE 20 Share Index, which fell by 4.96%, 5.85%, and 6.47% respectively. Despite increased trading activity, with 178.71 million shares changing hands—up 26.46% from the previous week—the overall market value decreased as the NASI closed at 235.26 points, down from 247.53 points a week earlier. The number of equity deals also fell by 14.30% to 77,103. Liquidity in the local money market remained strong, with commercial banks' excess reserves averaging Ksh24.2 billion above the 3.25% Cash Reserve Ratio requirement. The Kenya Shilling Overnight Interbank Average remained stable at 8.75%, and gold prices rose to around Ksh562,400 per ounce. Global financial market changes, including the US Federal Reserve's rate decision, contributed to the yield on Kenya’s 10-year Eurobond increasing from 6.719% to 6.805%.",
  "summary": "The Nairobi Securities Exchange (NSE) lost about Ksh206 billion in market capitalisation during the week ending September 17, as major share indices fell sharply. The latest Central Bank of Kenya (CBK) Weekly Bulletin of September 18, 2026, shows market capitalisation dropped from Ksh4.154 trillion on September 10 to Ksh3.948 trillion on September 17, a 4.96 […]",
  "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."
}