Site icon Soko Directory

KenGen Publishes Clarification Regarding Its FY25 Results

Corporate Bonds

KenGen published a notice to shareholders and stakeholders regarding clarification on the publication of audited financial results for the financial year ending 30th June 2025. In particular, the firm noted that a draft of its financial results had been circulated through various online platforms.

Stakeholders are therefore advised to exercise caution and to rely only on information published through the Company’s official communication channels. In accordance with statutory requirements, the audited financial statements can only be published upon completion of the review and approval.

KenGen noted that the process is currently ongoing and is engaging closely with stakeholders to expedite and publish by the statutory deadline. Notably, the counter’s trading was halted during today’s trading session.

At the NSE:

The market closed the day in the green, with NASI, N10, NSE 20, and NSE 25 up 0.2%, 0.6%, 0.7% and 0.1%, respectively.

Equity turnover eased by 33.0% to USD 3.4m. Local investors led market activity, accounting for 58.0% of trades, up from 50.4% yesterday.

Safaricom dominated trading activity, accounting for 53.6% of the day’s turnover. The counter’s price function strengthened by 0.5% to KES 28.10, largely driven by foreign investor activity.

Amongst the top mover banking stocks, NCBA Group broke its rising streak, easing by 4.7% to KES 91.75 to close as the day’s worst performing mover. On the other hand, KCB Group remained unchanged at KES 58.25, mainly attributable to foreign investor purchases.

Jubilee and EABL notched higher by 3.0% and 2.1% to KES 324.50 and KES 219.75, respectively, while Kenya Power slid by 1.8% to KES 13.45. Olympia was the session’s top gainer, up 6.9% to KES 7.48. Conversely, Kapchorua shed 10.0% to KES 259.00.

Foreign investors were bearish in the session, with net outflows of USD 579.5k. Safaricom led the selling charge while EABL led the buying charge.

Read Also: KenGen Sells, Equity Buys As Markets Remain Bullish

Exit mobile version