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The Quickmart share price ended its first day of trading at the Nairobi Securities Exchange (NSE) at KSh 8.90 on Thursday, 12 November 2026, KSh 1.40 or about 18.7% above the KSh 7.50 IPO price. The NSE daily price list shows the stock traded between KSh 8.00 and KSh 10.00, with 9,682,062 shares changing hands.
The KSh 8.90 is the day’s volume-weighted average price (VWAP) in the NSE list. That Quickmart share price is below the KSh 10 average opening price Quickmart announced in the morning, reported in our story on Quickmart shares opening at KSh10.
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Quickmart share price on day one
Quickmart Plc is listed on the NSE price list as “Quick Mart Plc Ord 0.20”. Its day-one numbers were a high of KSh 10.00, a low of KSh 8.00 and a weighted average of KSh 8.90. As a new listing it has no previous closing price.
With about 4 billion shares in issue, a Quickmart share price of KSh 8.90 values the supermarket chain at about KSh 35.6 billion (about USD 274 million at the Central Bank of Kenya rate of KSh 129.96). At the IPO price, the same shares were worth about KSh 30 billion. An investor allocated 1,000 shares paid KSh 7,500, and those shares were worth KSh 8,900 at the close, before fees.
The allocation and subscription figures are in our Quickmart IPO results report.
A third of all shares traded
Trading at that Quickmart share price, the 9.68 million shares made up about 34% of the 28,549,772 shares traded on the NSE that day. At the KSh 8.90 average, that is roughly KSh 86 million of the day’s KSh 766.03 million equity turnover. Total turnover was lower than the KSh 953.50 million on 11 November, even though volume rose from 24,045,906 shares and the number of deals rose to 15,329 from 11,153.
Absa Bank Kenya was also busy, with 9,814,515 shares traded at an average of KSh 31.00, up from KSh 30.90. Co-operative Bank of Kenya rose 5.9% to KSh 39.25 from KSh 37.05 on 2,287,996 shares, extending the gains reported in our story on Co-op Bank shares after its Q3 results.
NSE indices rise as market value tops KSh4.08trn
All the main NSE indices closed higher on 12 November:
| Index | Change | Close |
|---|---|---|
| NSE All Share Index (NASI) | +0.97 | 241.55 |
| NSE 20 | +14.14 | 4,174.67 |
| NSE 25 | +34.34 | 6,798.63 |
| NSE 10 | +18.67 | 2,668.91 |
| Banking sector index | +2.30 | 282.65 |
Market capitalisation rose to KSh 4,083.83 billion from KSh 4,037.47 billion the day before, a gain of about KSh 46.4 billion.
What to watch next for Quickmart shares
The first day sets the starting point for the Quickmart share price, which trades under the ticker QMRT on the NSE Main Investment Market Segment. New investors can follow the steps in our guide on how to buy shares on the NSE, and the retailer’s place in the market is covered in our report on Quickmart, Naivas and Carrefour.
Frequently asked questions
What was the Quickmart share price at the close of day one?
KSh 8.90, the volume-weighted average for 12 November 2026, according to the NSE daily price list.
How much did Quickmart shares gain on the IPO price?
KSh 1.40 a share, about 18.7% above the KSh 7.50 IPO price.
How many Quickmart shares traded on the first day?
9,682,062 shares, about 34% of all shares traded on the NSE that day.
What was Quickmart’s trading range on day one?
The shares traded between a low of KSh 8.00 and a high of KSh 10.00.
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