The Kenyan Shilling
The Kenyan shilling gained traction against the US Dollar on Friday after being slightly down for the better part of the week.
The shilling rebounded against the dollar by 0.16 percent compared to the performance on Thursday. The shilling closed the day at 103.28.
The shilling, however, weakened against the Sterling Pound and the Euro respectively by 0.25 and 0.13 percent respectively compared to Thursday. The shilling closed the day at 139.83 and 124.55 respectively.
Kenyan Stock Market
The market turnover at the bourse rose 2.7 percent to USD 5.97 million 617.1 million shillings from Thursday’s trading.
The NSE 20 and the NASI gained 0.32 percent and 1.46 percent to close at 3713.41 and 174.17 respectively.
Foreign investors assumed a net selling position by accounting for 71.5 percent of total market sales and 58.4 percent of total market purchases.
East African Community Markets
In Rwanda, the RSI and the RASI remained constant at 135.38 and 133.48 respectively while in Uganda, the USE ALSI and the USE LSI gained 0.15 percent and 0.01 percent to close at 1970.33 and 381.85 respectively.