Shillings Sheds Off 0.03% On Friday
Exchange Rate Performance
USD|KES: KES weakened 0.03% to close at 118.80 (-5.00% year-to-date).
GBP|KES: KES weakened 0.44% to close at 143.69 (+5.50% year-to-date).
EUR|KES: KES weakened 0.07% to close at 120.67 (+5.72% year-to-date).
Kenyan Stock Market
Total equity turnover went up by 62.99% to close at USD 4.44 MN (KES 527.19 MN) compared to yesterday’s turnover of USD 2.72 MN (KES 323.44 MN).
NSE 20 and NASI rose by 1.17% and 0.41% to close at 1,701.31 and 141.05 respectively.
Foreign investors assumed a net selling position by accounting for 5.56% of total market purchases and 77.55% of total market sales.
Ethiopian Hydropower To Kenya
Ethiopia will become Kenya’s second biggest source of hydropower in a deal by Kenya Power to buy 600 MW from Ethiopia Electric Power (EEP) starting in November, The deal follows a 27-year power purchase agreement that will run till 2047, as Kenya turns toward cheaper sources of electricity.
Power from EEP is expected to cost between KES 6 and KES 7.07, which is lower than the average KES 10 per kWh offered by power producers.
More Articles From This Author
Trending Stories
Other Related Articles
-
Accountants and Auditors
Banks
Business Consultants
Clearing and Forwarding
Co-operative Movement
Financial and Tax Consultants
Forex Bureaus
Insurance
Investment Banks
Real Estate
Retail Industry
Small and Medium Enterprises
Stock Brokers
- 2023
- January 2023 (183)
- February 2023 (204)
- March 2023 (323)
- April 2023 (298)
- May 2023 (267)
- June 2023 (16)
- 2022
- January 2022 (293)
- February 2022 (329)
- March 2022 (358)
- April 2022 (292)
- May 2022 (271)
- June 2022 (232)
- July 2022 (278)
- August 2022 (253)
- September 2022 (246)
- October 2022 (196)
- November 2022 (233)
- December 2022 (167)
- 2021
- January 2021 (182)
- February 2021 (227)
- March 2021 (325)
- April 2021 (259)
- May 2021 (285)
- June 2021 (273)
- July 2021 (277)
- August 2021 (232)
- September 2021 (271)
- October 2021 (305)
- November 2021 (364)
- December 2021 (249)
- 2020
- January 2020 (272)
- February 2020 (310)
- March 2020 (390)
- April 2020 (321)
- May 2020 (335)
- June 2020 (327)
- July 2020 (333)
- August 2020 (276)
- September 2020 (214)
- October 2020 (233)
- November 2020 (242)
- December 2020 (187)
- 2019
- January 2019 (251)
- February 2019 (215)
- March 2019 (283)
- April 2019 (254)
- May 2019 (269)
- June 2019 (249)
- July 2019 (335)
- August 2019 (293)
- September 2019 (306)
- October 2019 (313)
- November 2019 (362)
- December 2019 (318)
- 2018
- January 2018 (291)
- February 2018 (213)
- March 2018 (275)
- April 2018 (223)
- May 2018 (235)
- June 2018 (176)
- July 2018 (256)
- August 2018 (247)
- September 2018 (255)
- October 2018 (282)
- November 2018 (282)
- December 2018 (184)
- 2017
- January 2017 (183)
- February 2017 (194)
- March 2017 (207)
- April 2017 (104)
- May 2017 (169)
- June 2017 (205)
- July 2017 (189)
- August 2017 (195)
- September 2017 (186)
- October 2017 (235)
- November 2017 (253)
- December 2017 (266)
- 2016
- January 2016 (164)
- February 2016 (165)
- March 2016 (189)
- April 2016 (143)
- May 2016 (245)
- June 2016 (182)
- July 2016 (271)
- August 2016 (247)
- September 2016 (233)
- October 2016 (191)
- November 2016 (243)
- December 2016 (153)
- 2015
- January 2015 (1)
- February 2015 (4)
- March 2015 (164)
- April 2015 (107)
- May 2015 (116)
- June 2015 (119)
- July 2015 (145)
- August 2015 (157)
- September 2015 (186)
- October 2015 (169)
- November 2015 (173)
- December 2015 (205)
- 2014
- March 2014 (2)
- 2013
- March 2013 (10)
- June 2013 (1)
- 2012
- March 2012 (7)
- April 2012 (15)
- May 2012 (1)
- July 2012 (1)
- August 2012 (4)
- October 2012 (2)
- November 2012 (2)
- December 2012 (1)
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- 2005
- 2004
- 2003
- 2002
- 2001
- 2000
- 1999
- 1998
- 1997
- 1996
- 1995
- 1994
- 1993
- 1992
- 1991
- 1990
- 1989
- 1988
- 1987
- 1986
- 1985
- 1984
- 1983
- 1982
- 1981
- 1980
- 1979
- 1978
- 1977
- 1976
- 1975
- 1974
- 1973
- 1972
- 1971
- 1970
- 1969
- 1968
- 1967
- 1966
- 1965
- 1964
- 1963
- 1962
- 1961
- 1960
- 1959
- 1958
- 1957
- 1956
- 1955
- 1954
- 1953
- 1952
- 1951
- 1950