MONEY MARKET STATISTICS Interbank lending volumes edged lower to KES 7.68bn from KES 11.90bn over the week, with activity holding steady throughout. The average interbank rate was largely unchanged at 9.61%, amid sustained liquidity absorption by the CBK. The table below summarizes market liquidity indicators: Generally, Interbank market transactions have been subdued for an extended…
EQUITY MARKET COMMENTARY The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 1.4% w/w, 1.5% w/w, 1.3% w/w and 1.7% w/w, respectively. Market activity eased to USD 15.6m (-28.4% w/w). Safaricom dominated market activity, accounting for 28.2% of the week’s turnover. The counter’s price function…
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