MONEY MARKET STATISTICS Interbank lending declined during the week, with the average traded volumes softening by 22.51% w/w to KES 11.26bn, from KES 14.53bn the prior week. Consequently, the number of interbank deals edged lower by 23.33% w/w to 23. The Kenya Shilling Overnight Interbank Average (KESONIA) remained largely stable (+0.67bps w/w) at an average…
Equity Market Commentary The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 4.7% w/w, 5.8% w/w, 2.5% w/w, and 4.3% w/w, respectively. Market activity rose to USD 20.0m (+12.5% w/w). Safaricom dominated market activity, accounting for 36.1% of the week’s turnover. The counter’s price function…
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