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.
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.