MONEY MARKET ANALYSIS Interbank lending fell for the third consecutive week, with average traded volumes declining 23.6% to KES 7.49bn from KES 9.80bn in the previous week, despite a 13.3% rise the number of transactions. Meanwhile, the average interbank rate eased further to 9.85% from 9.91%, reflecting ongoing policy interventions by the CBK through open…
EQUITY MARKET COMMENTARY The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 5.8% w/w, 6.6% w/w, 4.1% w/w, and 5.7% w/w, respectively. Market activity advanced by 81.4% w/w to USD 25.1m. Safaricom dominated market activity, accounting for 42.9% of the week’s turnover. The counter’s price function gained…
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