Money Market Statistics Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 2.9bps w/w to an average of 8.74%. Interbank lending softened slightly in the week, with average traded volumes declining by 2.18% w/w to KES 8.79bn, from KES 8.98bn in the prior week. Notably, the…
Equity Market Summary The market closed the week in the red, with the NASI, N10, NSE 20, and NSE 25 easing 3.5% w/w, 3.1% w/w, 3.9% w/w, and 3.1% w/w, respectively. Market activity declined to USD 39.4m (-20.5% w/w). Equity Group dominated market activity, accounting for 36.0% of the week’s turnover. The counter’s price function…
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