Shilling In A Hole, Equity Turnover Shrinks

Exchange Rate Performance

USD|KES: KES weakened 0.02 percent to close at 119.93 (-6.00% year-to-date).

GBP|KES: KES weakened 0.05 percent to close at 141.78 (+6.76% year-to-date).

EUR|KES: KES weakened 0.18 percent to close at 119.81 (+6.39% year-to-date).

Kenyan Stock Market

Total equity turnover shrunk by 29.94 percent to close at USD 1.07 MN (KES 127.88 MN) compared to Friday’s turnover of USD 1.52 MN (KES 182.54 MN).

NSE 20 and NASI grew by 0.08 and 0.25 percent to close at 1,750.54 and 138.25, respectively.

Foreign investors assumed a net selling position by accounting for 5.26 percent of total market purchases and 61.67 percent of total market sales.