Kenya Shilling Sustains Resilience Against The US Dollar

The Kenyan Shilling remained stable at 100.04 shillings against the US Dollar and held ground at 1.77 percent year-to-date basis.

The local currency strengthened by 0.07 percent against the Sterling Pound to close at 132.23 shillings but lower by-2.49 percent on year-to-date.

Against the Euro, the Kenya Shilling   strengthened 0.24 percent to close at 113.45

Kenyan Stock Market 

Total equity turnover went up 619.11% to USD 3.25 MN (KES 325.5 MN) from Tuesday’s turnover of USD 2.73 million.

NSE 20 declined 0.18 percent to close at 2,917.39 while NASI went up 0.01 percent to close at 153.70.

Foreign investors assumed a net buying position by accounting for 57.09 percent of total market sales and 58.84 percent of total market purchases.