Family Bank was among the Nairobi Securities Exchange’s strongest performers on Friday, October 30, as selected counters recorded gains while other stocks came under selling pressure.
Sanlam Kenya was the session’s top gainer, rising 6.30%, followed by Family Bank, which advanced 6.05%. WPP Scangroup completed the top three with a 4.28% gain.
On the losing side, Olympia Capital led the declines, shedding 10.00%. Express Kenya followed with an 8.01% drop, while CIC Insurance Group fell 5.01%.
Family Bank in Focus
Family Bank’s performance is particularly notable given its trading journey since joining the NSE on June 23, 2026.
The bank was listed at an introduction price of KSh18 per share and closed its first trading day at KSh26, representing a 44.4% gain against the listing reference price.
By October 30, its share price was reported at KSh25.60, leaving it about 42.2% above its introduction price, although below the first-day closing level. This reflects the volatility the counter has experienced since its market debut.
On the wider market scale, the NSE All Share Index rose 0.55% to 238.16 points, while the NSE 20 Share Index declined by 13.39 points to 4,098.26.
Equity turnover stood at KSh288.35 million, with 14.1 million shares traded.