Market News

A Look At The Market Rates On Wednesday

BY Soko Directory Team · June 10, 2021 08:06 am

KEY POINTS

Against the pound, the shilling strengthened by 0.10 percent to end the day at 152.69 shillings. However, on a year-to-date basis, the local currency slumped 2.92 percent.

On Wednesday, the Kenyan shilling weakened against the US Dollar by 0.05 percent closing the day at 107.95 shillings compared to Tuesday. On a year-to-date, the local currency was up by 1.12 percent against the US Dollar.

Against the pound, the shilling strengthened by 0.10 percent to end the day at 152.69 shillings. However, on a year-to-date basis, the local currency slumped 2.92 percent.

Against the Euro, the shilling weakened too by 0.09 percent to close the day at 131.44 percent. At the same time, on a year-to-date basis, the shilling smiled at 1.83 percent.

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At the same time, total equity turnover advanced 136.26 percent to close at USD 6.99 million (KES 754.91 MN) compared to Monday’s turnover of USD 2.96 MN (KES 319.52 MN).

The NSE 20 and NASI indices gained 0.32 and 0.13 percent to close at 1,913.13 and 171.77 respectively. Foreign investors assumed a net selling position by accounting for 63.11% of total market purchases and 88.03 percent of total market sales.

About Soko Directory Team

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