Summary of the Markets Today [23rd June 2026]:
🟢Top Gainer: Limuru Tea PLC up 9.1% to 490.00
🔴Top Loser: Eaagads Limited down 9.7% to 29.70
Highlights:
—Family Bank marked a historic milestone by listing on the Main Investment Market Segment (MIMS) of the NSE by introduction. Starting from its KES 18.00 introductory price, the counter triggered massive volatility, hitting a high of KES 50.00 before easing back to close at KES 26.00, locking in a stellar 44.4% gain on its first day.
—Equity turnover cooled down by 53.5% to KES 1.41Bn (USD 10.9M) compared to yesterday's blockbuster session, with local investors retaining the steering wheel at 77.4% of total market activity.
—Foreign investors flipped to a bullish stance today. Equity Group was the primary beneficiary of this buying charge.
—Counter Highlights: Equity Group led trading volumes at 26.1% of turnover, softening a minor 0.3% to KES 78.75. Large-caps EABL (-1.6%) and Safaricom (-0.5%) both pulled back, while KCB Group acted as an anchor of absolute stability, closing unchanged at KES 74.00.
—Fixed Income & Corporate Actions: Momentum shifted heavily into the fixed income space as bond turnover climbed to KES 18.7Bn. Looking ahead to tomorrow, the market prepares for the final dividend book closures of TotalEnergies (KES 3.45) and Car and General (KES 3.12).
Family Bank has just pulled off one of the most dramatic market debuts in Kenya’s history. At KSh50 a share, the bank is now valued at roughly KSh83.1 billion.
It entered the NSE at KSh18, with a market value of about KSh29.9 billion. The jump to KSh50 has added approximately KSh53.2 billion in shareholder wealth.
That is a 177.8% rise in value in less than 30 minutes. Decades of building the bank were converted into tens of billions of quoted wealth almost instantly.
This is not KSh53.2 billion in cash deposited into the bank. It is market-created wealth: the premium investors are now willing to pay for Family Bank’s 1.66 billion shares.
Congratulations @investwithSIB
This morning, we marked a historic milestone with the listing of Family Bank Plc on the @NSE_PLC .
From its origins as a modest building society serving ordinary Kenyans, @FamilyBankKenya has evolved into one of the country’s most respected indigenous banking institutions.
Through shifting economic cycles, rapid technological transformation, regulatory changes, and an increasingly competitive financial landscape, the Bank has consistently demonstrated resilience, innovation, and adaptability.
Today’s listing not only celebrates decades of remarkable progress but also positions the institution for its next phase of growth, deepening its contribution to customers, shareholders, and the wider Kenyan economy. 🚀📈🇰🇪
@FamilyBankKenya@CMAKenya@KASIB_KE@cdsckenya
Family Bank goes public
Family Bank begins trading on the Nairobi Securities Exchange
Largest private sector listing at the NSE in over 17 years
Bank debuts with market valuation of nearly Ksh. 30B
1.66 billion shares admitted to the main investment market segment
#CitizenExplainer
Ringing in a new era!
Family Bank is now listed on the Nairobi Securities Exchange, reaffirming our commitment to growth, innovation, and empowering biashara across Africa.
#FamilyBankListing#ImaraPamoja
Family Bank is now officially listed on the Nairobi Securities Exchange!
A defining milestone in our journey of growth, resilience, and shared success.
We celebrate more than a listing.
We celebrate every customer who has trusted us.
Our aim is to expand our footprint to 100 branches across Kenya by the end of 2026, bringing our services closer to customers and supporting more individuals and businesses on their growth journey.
Nancy Njau, CEO&MD Family Bank Ltd
#FamilyBankListing
As we embark on this new chapter, we invite our investors to continue investing in our journey. Your confidence and support have been instrumental to our growth, and we remain committed to delivering sustainable value and long term returns.
This is a landmark moment for us.
Our journey to the Nairobi Securities Exchange is a story of growth, resilience, and ambition.
What did it take to get here, and what does it mean for our investors, customers, and the future we're building together?
A defining moment in our journey is happening now!
Join us live as we mark Family Bank's Official Listing at the Nairobi Securities Exchange and celebrate a milestone built on growth, resilience, and shared ambition.
Click to watch.
https://t.co/nCjdGXMpAD
#FamilyBankListing
A defining moment in our journey is happening now!
Join us live as we mark Family Bank's Official Listing at the Nairobi Securities Exchange and celebrate a milestone built on growth, resilience, and shared ambition.
Click to watch.
https://t.co/nCjdGXMpAD
#FamilyBankListing
Today's listing is not merely the admission of a new security onto the trading board of the NSE. It is a statement that Kenyan institutions can be built from modest beginnings into nationally significant enterprises.
Kiprono Kittony , Chairman NSE
#FamilyBankListing
Family Bank's listing inspires businesses, high-growth enterprises, emerging champions, and regional leaders to view the capital markets not merely as a source of funding, but as a strategic partner in their growth journey.
- Kiprono Kittony, Chairman NSE
This listing extends beyond the Bank itself. It represents the strength of Kenyan enterprise, the confidence of investors, and the potential of locally built institutions to thrive on the national stage.
-Kiprono Kittony, Chairman NSE
#FamilyBankListing
Through changing economic cycles, technological disruption, regulatory evolution, and increasing competition, Family Bank has consistently demonstrated its ability to innovate, adapt, and create lasting value for its customers, shareholders, and the wider economy.
From its origins as a modest building society serving ordinary Kenyans, the institution has grown into one of the country’s most respected and significant indigenous financial institutions.
Family Bank’s listing represents exactly that progress. It demonstrates the strength, maturity, and potential of Kenyan enterprises, and it reinforces our shared
commitment to building a vibrant, inclusive, and dynamic capital market.
#FamilyBankListing