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 50% in the week, with average traded volumes coming in at KES 9.60Bn from last week’s KES 19.10Bn. Notably, the interbank deals decreased 38% to close the…
Equity Market Summary The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 2.8% w/w, 5.0% w/w, 4.5% w/w, and 4.2% w/w, respectively. Market activity jumped to USD 64.6m (+44.2% w/w). Equity Group dominated market activity, accounting for 29.3% of the week’s turnover. The counter’s price…
Highlights U.S. equities ended the week mixed, with the S&P 500 and Nasdaq Composite gaining modestly amid relatively light trading. Smaller- and mid-cap stocks, however, declined. For the week, the S&P 500 gained 0.49%, while the Dow added 282 points and the Nasdaq 100 rose 0.53% with both indices notching a fourth week of gains…
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 increased by 8% in the week, with average traded volumes coming in at KES 19.10Bn from last week’s KES 17.65Bn. Notably, the interbank deals increased by 13% to close…
Equity Market Summary The market closed the week in the green, with the NASI, N10, NSE 20, and NSE 25 rising by 1.5% w/w, 0.8% w/w, 1.8% w/w, and 1.1% w/w, respectively. Market activity contracted to USD 44.8m (-53.3% w/w). Safaricom dominated market activity, accounting for 46.1% of the week’s turnover. The counter’s price function…
Highlights U.S. equities ended the week lower as investors remained concerned about elevated Treasury yields, renewed tensions between the U.S. and Iran, higher oil prices, and weakness in semiconductor and artificial intelligence (AI) stocks. Mixed results from several retailers also contributed to a cautious market tone. The Dow Jones Industrial Average was the most resilient,…
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 6% in the week, with average traded volumes coming in at KES 18Bn from last week’s KES 19Bn. Notably, the interbank deals decreased by 6% to close…
Equity Market Summary The market closed the week on a bullish note, with the NASI, N10, NSE 20, and NSE 25 rising by 2.8% w/w, 3.2% w/w, 2.4% w/w, and 3.0% w/w, respectively. Market activity jumped to USD 95.9m (+218.4% w/w). Absa dominated market activity, accounting for 53.3% of the week’s turnover. The counter’s price…
Highlights U.S. equity markets ended the week mixed as investors balanced softer inflation data and reduced expectations for further Federal Reserve tightening against higher oil prices, uncertainty surrounding the Strait of Hormuz, and weaker consumer indicators. The S&P 500 gained 0.36%, ending around 0.2% below its record high, while the Nasdaq 100 advanced 1.09%. Conversely,…
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 increased by 40% in the week, with average traded volumes coming in at KES 19Bn from last week’s KES 13Bn. Notably, the interbank deals increased by 19% to close…