Money Market Statistics Liquidity conditions remained stable in the week, with the Kenya Shilling Overnight Interbank Average (KESONIA) closing at an average of 8.75%. Interbank lending decreased by 49% in the week, with average traded volumes coming in at KES 5.61bn from last week’s KES 10.96Bn. Notably, the interbank deals decreased by 40% to close…
Equity Market Summary The market closed the week on a bullish note, with the NASI, N10, NSE 20, and NSE 25 advancing by 4.2%, 6.6%, 2.9%, and 5.1%, respectively. Market activity surged to USD 49.8m (+88.1% w/w). Safaricom dominated market activity, accounting for 26.9% of the week’s turnover. The counter’s price function strengthened by 4.8%…
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