WEEKLY FIXED INCOME REPORT | 16 Dec 2024
World Bank Downgrades Kenya Growth Forecast to 4.7%, Cites Fiscal Spillages as Key Downside Risk. Fuel Stabilization Fund
Eases Price Pressure on Diesel & Kerosene as Landed Costs Edge Up
KENYA WEEKLY MARKET WRAP | 16 Dec 2024
The market closed the week on a bullish note, with the NASI, N10, NSE 20, and NSE 25 gaining 3.4%w/w, 3.9%w/w,
2.7%w/w, and 3.4%w/w, respectively. Worth noting, the NSE 25 closed the week at the highest level since 15th September
2022. Similarly, the NASI clocked a 6-week inta-week high of 119.32 with the N10 closing the week at an all-time high of
1252.02.