MONEY MARKET STATISTICS Interbank lending surged to KES 23.04bn from KES 4.47bn, reflecting a similar rise in transaction volumes over the week. Meanwhile, the average interbank rate held largely steady, inching up slightly to 9.72%—a sign of market calm following the recent rate cut having been fully priced in. The table below summarizes the market…
EQUITY MARKET COMMENTARY The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 advancing by 4.6% w/w, 4.1% w/w, 5.3% w/w, and 4.0% w/w, respectively. Market activity eased to USD 12.86m (-32.6% w/w). Safaricom dominated market activity, accounting for 31.9% 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