MONEY MARKET ANALYSIS Interbank lending experienced a notable decline during the week, with average traded volumes plunging by 64.8% to KES 6.99bn, compared to KES 19.83bn in the previous week. This coincided with a 27.3% drop in the number of transactions. This decline aligns with the recent trend, where interbank lending frequently alternates between periods…
EQUITY MARKET COMMENTARY The market closed the week in the red, with the NASI, N10, NSE 20 and NSE 25 down by 1.1%w/w, 1.2%w/w, 0.7%w/w and 0.9%w/w, respectively. Market activity edged downwards to USD 7.4m (-40.6%w/w). KCB Group dominated market activity, accounting for 45.0% of the week’s turnover. The counter’s price function weakened by 0.1%w/w…
16th floor JKUAT Building, Kenyatta Avenue
P.O. Box 13714 – 00800, Nairobi, Kenya
Email: clientservice@sib.co.ke
Mobile: +254(0) 777 333 000
Telephone: +254(0) 20 2277 000
WhatsApp: +254(0) 777 333 000