MONEY MARKET ANALYSIS Interbank lending slowed down during the week with the traded volumes sliding 48.4% to KES 6.26bn from KES 12.12bn, in the previous week, in tandem with a 33.3% fall in the number of transactions. Reflecting the same, the average interbank rate rose slightly to 10.68% from 10.65% the prior week. The table…
EQUITY MARKET COMMENTARY The market closed the week on a mixed note with the N10 and NSE 25 advancing by 0.1%w/w each, whereas the NASI rose by 0.5%w/w. The NSE 20, on the other hand, retreated by 0.1%w/w. Market activity increased to USD 11.5m (+11.7%w/w). Safaricom dominated market activity, accounting for 30.1% of the week’s…
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