MONEY MARKET ANALYSIS Interbank lending plummeted to KES 4.47bn from KES 17.48bn, mirroring a halving in transaction count over the week. Meanwhile, the average interbank rate held steady at 9.70%, signalling calm after the pricing in of the recent rate cut. The table below summarizes the market liquidity indicators: On a month-on-month basis, average monthly…
EQUITY MARKET COMMENTARY The market closed the week in the red, with the NASI, N10, NSE 20, and NSE 25 retreating by 1.3% w/w, 0.4% w/w, 0.2% w/w, and 0.3% w/w, respectively. Market activity halved to USD 19.08m (-58.7% w/w). Safaricom dominated market activity, accounting for 38.6% of the week’s turnover. The counter’s price function…
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