MONEY MARKET ANALYSIS Interbank lending dipped by more than half, following a week of recovery as traded volumes jumped 60.4% to KES 8.66bn from KES 21.85bn, in the previous week. Deal numbers echoed the decline, decreasing by 35.1%. On the flip side, the average interbank rate has remained relatively stable, inching up marginally to 10.69% from 10.69% the…
EQUITY MARKET COMMENTARY The market closed the week in the green with the NASI, N10, NSE 20 and NSE 25 advancing by 0.5%w/w, 0.1%w/w,0.4%w/w and 0.2%w/w, respectively. Market activity rose to USD 17.7m (+14.1%w/w). Liberty Kenya Holdings dominated market activity, accounting for 27.2% of the week’s turnover. The counter rose 6.5% to KES 8.18, driven largely by…
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