MONEY MARKET STATISTICS Interbank lending increased during the week, with the average traded volumes jumping by 102.25% w/w to KES 13.92bn, from KES 6.88bn the prior week. Consequently, the number of interbank deals edged higher by 44.44% w/w to 26. The Kenya Shilling Overnight Interbank Average (KESONIA) eased slightly (-1.68bps w/w) to an average of…
Equity Market Commentary The market closed the week in the red, with the NASI, N10, NSE 20, and NSE 25 easing by 2.4% w/w, 3.2% w/w, 2.3% w/w, and 2.9% w/w, respectively. Market activity held steady at USD 27.8m (-0.5% w/w). Safaricom dominated market activity, accounting for 35.9% of the week’s turnover. The counter’s price…
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