Skip to content
Money

Kenyan Shilling Under Pressure

BY Soko Directory Team · May 18, 2016 07:05 am

Activity in the equities market declined slightly to 232mn from 255mn yesterday with 13mn shares trading. Local investors became the day’s top movers as their sales and purchases stood at 58% and 57% of the total turnover respectively.

Read: Kenyan Shilling Treads Turbulent Waters

Safaricom, Carbacid, Equity bank, Kengen and Kenya Airways were the biggest traded counters. The All Share Index dropped marginally to close at 145.31 points while the NSE 20 Share Index lost 40.12 points to end the day at 3,866.97 points.

Trade Smarter, Grow Faster with Kingdom Bank Trade Finance

 kingdom securities

The Kenyan shilling was under pressure today on the expectations that a rise in global oil prices would hike the fuel import bill. The shilling closed the day at a mean of Kes 100.72 compared to an average of Kes 100.67 previously.

Article by Kingdom Securities Ltd.

 

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

Trending Stories
Government and Policy KUCCPS Opens Applications For 31 KMTC Medical Courses, Eligibility And How To Apply Getrude Mathayo
Government and Policy Kenya Airways To Repatriate Passengers Between Nairobi and Dubai Soko Directory Team
Headlines NYS Announces Over 700 Job Vacancies, Application Deadline, Requirements And How To Apply Getrude Mathayo
Entrepreneur's Corner M-PESA Hits 40 Million Customers Milestone As It Turns Nineteen Soko Directory Team
Government and Policy KNEC Has Released 2026 KCSE Examination TimetableThe Kenya National Getrude Mathayo
Related Articles
Commodity Watch List Of Basic Commodities Whose Price Are Set To Increase According To CBK Report Getrude Mathayo
Commodity Watch New Sugar Prices As Government Assures Kenyans Of Stable Supply Getrude Mathayo
Commodity Watch A Look At The Current Prices Of Various Bean Varieties In Kenya Getrude Mathayo
Commodity Watch Kenya’s Food Market Under Strain: A Deep Dive into Commodity Prices And What They Mean For Households And The Economy – June 2025 Review Steve Biko Wafula
Commodity Watch What Led To The Dropping Of The Price Of Super Petrol By Ksh 7? Juma
Explore Soko Directory
Banking Blogging Commodity Watch Did you know Entertainment Entrepreneur's Corner Feature Government and Policy Headlines Investment Lifestyle Market News Money Opinion Press Releases Stock Watch Technology
Soko Directory Archives