Money Market Statistics Liquidity conditions in the market kicked off the year on a steady note, with the Kenya Shilling Overnight Interbank Average (KESONIA) largely stable at 8.99% (-0.55bps w/w). Interbank lending eased during the week, with the average traded volumes trending lower by 7.9% w/w to KES 9.4bn, from KES 10.2bn in the prior…
Equity Market Summary The market closed the week on a bullish note with the NASI, N10, NSE 20, and NSE 25 gaining 1.8% w/w, 2.3% w/w, 1.3% w/w, and 2.1% w/w, respectively. Market activity contracted to USD 8.2m (-20.3% w/w). Safaricom dominated market activity, accounting for 34.4% of the week’s turnover. The counter’s price function…
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