MONEY MARKET STATISTICS Interbank lending eased during the week, with the average traded volumes softening by 38.88% w/w to KES 6.88bn, from KES 11.26bn the prior week. Consequently, the number of interbank deals edged lower by 21.74% w/w to 18. The Kenya Shilling Overnight Interbank Average (KESONIA) remained largely stable (-0.96bps 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 2.0% w/w, 5.3% w/w, 4.4% w/w, and 4.2% w/w, respectively. Market activity jumped to USD 27.9m (+39.4% w/w). Safaricom dominated market activity, accounting for 32.2% of the week’s turnover. The counter’s price function…
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