Money Market Statistics Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 0.62bps w/w to an average of 8.98%. Interbank lending inched lower, with average traded volumes easing by 46.5% w/w to KES 6.68bn, from KES 12.49bn in the prior week. The slowdown was mirrored by…
Equity Market Summary The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 gaining 3.8% w/w, 2.3% w/w, 1.5% w/w, and 2.2% w/w, respectively. Market activity rose to USD 36.5m (+17.9% w/w). Safaricom dominated market activity, accounting for 31.8% of the week’s turnover. The counter’s price function inched…
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