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The Markets: Shillings Strengthens Against the Dollar, Euro and Pound

BY Soko Directory Team · June 21, 2018 07:06 am

The Kenyan shilling strengthened against the US Dollar, the Sterling Pound, and the Euro on Wednesday.

Against the US Dollar, the Kenyan Shilling strengthened 0.01 percent from Tuesday’s level to 101.12 (2.04% year-to-date).

Against the Sterling Pound, the Kenyan Shilling strengthened 0.47 percent from Tuesday’s level to 133.20 (4.00% year-to-date).

Against the Euro, the Kenya Shilling strengthened 0.37 percent from Tuesday’s level to 116.88 (5.19% year-to-date).

Kenyan Stock Market

Market turnover at the bourse stood at USD 8.45 million or an equivalent 854.2 million shillings, a 17.9 percent increase from USD 7.17 million or an equivalent to 724.7 million shillings recorded on Tuesday.

The NSE 20 shed 0.83 percent as NASI shed 1.93 percent to close at 3,320.35 and 170.14 respectively.

Foreign investors assumed a net selling position by accounting for 86.3 percent of total market sales and 70.9 percent of total market purchases.

EAC Markets   

Rwanda: Both RSI and ALSI went down 0.32 and 0.05 points to close at 131.69 and 131.61 respectively.

Tanzania: DSEI and TSI lost 0.07 percent and 0.02 percent to close at 2,310.66 and 4,197.94 respectively.

Uganda: USE ALSI gained 0.03 percent while USE LCI gained 0.09 percent to close at 2,130.78  and 415.13 respectively.

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

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