MONEY MARKET STATISTICS Interbank lending surged during the week, with the average traded volumes rising by 118.0% to KES 17.24bn, from KES 7.9bn the prior week. This is mirrored by a 121.4% increase in the transaction count, pointing to increased activity in the interbank market. The Kenya Shilling Overnight Interbank Average (KESONIA) inched upwards by…
EQUITY MARKET COMMENTARY The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 2.5% w/w, 3.7% w/w, 2.6% w/w, and 3.0% w/w, respectively. Market activity rose to USD 42.6m (+3.3% w/w). KCB Group dominated market activity, accounting for 53.8% of the week’s turnover. The counter’s price…
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