The Nairobi Securities Exchange reports a 386% surge in H1 2026 net profit, reaching KSh 736.9 million.
TL;DR
The Nairobi Securities Exchange (NSE) recorded a massive 386% year-on-year increase in profit after tax to KSh 736.9 million for the half-year ending June 30, 2026.
Intelligence
Growth was primarily driven by a 476% surge in equity levy income to KSh 770.5 million, boosted by increased market liquidity and a major Safaricom block trade transaction.
While fixed-income and data revenues also grew by 22% and 29% respectively, the NSE Board of Directors chose not to declare an interim dividend for the period.The NSE's dramatic recovery, heavily anchored by the Safaricom block trade and renewed foreign/domestic investor participation, signals a strong liquidity comeback for Kenya's capital markets.
For local startup founders and institutional investors, a vibrant Nairobi bourse enhances the long-term viability of public listings as potential exit routes.
However, the decision to withhold an interim dividend despite record profits suggests the exchange is prioritizing capital conservation to manage liabilities, including deferred fees for new trading participants.
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