Money Market Statistics Liquidity conditions remained largely stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) easing by 7.3bps w/w to an average of 8.67%. Interbank lending jumped in the week, with average traded volumes rising by 37.74% w/w to KES 12.10bn, from KES 8.79bn in the prior week. Notably, the average…
Equity Market Summary The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 gaining 1.4% w/w, 2.3% w/w, 2.4% w/w, and 2.1% w/w, respectively. Market activity rose to USD 48.4m (+22.8% w/w). Safaricom dominated market activity, accounting for 27.1% of the week’s turnover. The counter’s price inched up…
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