KES weakens against major currencies as NSE 20 Share index drops 0.10 percent

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Kenyan Shilling Performance

  • Against the US Dollar, the Kenyan Shilling weakened 1.38% year-to-date.
  • Against the Sterling Pound, the Kenyan Shilling weakened 8.04% year-to-date.
  • Against the Euro, the Kenyan Shilling weakened 12.97% year-to-date.

Kenyan Stock Market

  • Market turnover at the bourse was up 16.2% to USD 8.66 MN (KES 899.86 MN) from yesterday’s trading.
  • NSE 20 declined 0.10% to close at 3,764.74 while NASI index went up 0.03% to close at 158.40.
  • Foreign investors assumed a net selling position by accounting for 43.9% of total market sales and 31.9% of total market purchases.

EAC Markets

  • Rwanda: The RSI and RASI  held constant at 116.67 and 124.44 respectively.
  • Uganda: The USE ALSI and USE LCI  gained 0.78% and 0.21% to close at 1,734.84 and 369.85 respectively.

 

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Steve Biko Wafula

Steve Biko is the CEO OF Soko Directory and the founder of Hidalgo Group of Companies. Steve is currently developing his career in law, finance, entrepreneurship and digital consultancy; and has been implementing consultancy assignments for client organizations comprising of trainings besides capacity building in entrepreneurial matters.He can be reached on: +254 20 510 1124 or Email: [email protected]