EQUITY MARKET COMMENTARY The market closed the week on a mixed note, with the NASI advancing by 0.2%w/w. Conversely, the N10, NSE 20 and NSE 25 eased by 1.4% w/w, 0.3% w/w and 1.2% w/w, respectively. Market activity declined by 3.9% w/w to USD 14.5m. Safaricom dominated market activity, accounting for 35.4% of the week’s…
MONEY MARKET ANALYSIS Interbank lending reversed a one-month losing streak, recording a 28.1% increase in average traded volumes to KES 6.47bn, up from KES 5.05bn. This uptick was accompanied by a 40.0% rise in transaction count, indicating a more active interbank market compared to the previous week. Meanwhile, the average interbank rate remained relatively stable,…
16th Floor, JKUAT Building, Kenyatta Avenue – Nairobi.
1st Floor, Nyali Centre, Off Links Road – Mombasa.
P.O. Box 13714 – 00800, Nairobi, Kenya
Email: clientservice@sib.shupav.co.ke
Mobile: +254(0) 777 333 000
Telephone: +254(0) 20 2277 000
WhatsApp: +254(0) 779 777 000