MONEY MARKET STATISTICS Interbank lending volumes edged lower to KES 11.90bn from KES 13.03bn over the week, with activity holding steady throughout. The average interbank rate was largely unchanged at 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 dropped by 21.3%…
EQUITY MARKET COMMENTARY The market closed the week on a mixed note, with the N10 and NSE 20 rising by 0.1% w/w each. Conversely, the NASI declined by 1.0% w/w, whereas the NSE 25 remained unchanged. Market activity rose to USD 21.8m (+8.6% w/w). Safaricom dominated market activity, accounting for 53.4% of the week’s turnover….
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