MONEY MARKET STATISTICS Interbank lending volumes increased to KES 13.03bn from KES 10.75bn over the week, with activity remaining relatively steady throughout. The average interbank rate was largely unchanged, inching down to 9.62%, amid sustained liquidity absorption by the CBK. The table below summarizes market liquidity indicators: On a month-on-month basis, average traded volumes remain…
EQUITY MARKET COMMENTARY The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 gaining by 1.6% w/w, 1.5% w/w, 1.4% w/w, and 1.6% w/w, respectively. Market activity rose to USD 20.0m (+11.2% w/w). KCB Group dominated market activity, accounting for 43.0% of the week’s turnover. The counter’s price…
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