MONEY MARKET ANALYSIS Interbank lending extended its losing streak for the fourth straight week, with average traded volumes tumbling 32.6% to KES 5.05bn from KES 7.49bn. This was mirrored by a 41.2% drop in transaction count, pointing to a broad slowdown in market activity. Meanwhile, the average interbank rate held steady, inching up slightly to…
EQUITY MARKET COMMENTARY The market closed the week in the red, with the NASI, NSE 20, and NSE 25 retreating by 0.3% w/w each. Likewise, the N10 eased by 0.2% w/w. Market activity declined by 40.1% w/w to USD 15.0m. Safaricom dominated market activity, accounting for 21.1% of the week’s turnover. The counter’s price function…
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