Money Market Statistics Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) edging lower by 0.97ps w/w to an average of 8.98%. Interbank lending softened during the week, with average traded volumes trending lower by 20.2% w/w to KES 7.5bn, from KES 9.4bn in the prior week. The…
Equity Market Summary The market closed the week on a bullish note with the NASI and N10, gaining 2.4% w/w each. Likewise, the NSE 20 and NSE 25 advanced by 3.0% w/w and 2.5% w/w, respectively. Market activity jumped to USD 27.1m (+230.9% w/w). Safaricom dominated market activity, accounting for 40.6% of the week’s turnover….
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