Stock Market
Weekly equity turnover dropped by 93.3 percent w-o-w to close at USD 13.20 million (1.75 billion shillings). NSE 20 and NASI rose by 3.7 percent and 1.6 percent w-o-w to close at 1,622.05 and 112.76 respectively.
Foreign investors assumed a net selling position by accounting for 56.7 percent of foreign sales and 35.3 percent of foreign purchases.
Fixed Income
Weekly bond turnover edged down by 1.7 percent w-o-w to close at USD 145.35 million (19.23 billion shillings).
The 91-day t-bill yield, 182-day, and 364-day t-bill yields rose by 8 bps, 5 bps, and 1 bp w-o-w to close at 9.907 percent, 10.399 percent, and 10.800 percent respectively.
Macro Metrics
USD|KES: KES weakened by 0.8 percent w-o-w to close at 132.33 (-7.3 percent year-to-date).
FX Reserve: Import cover fell by 1.9 percent w-o-w to close at 3.59 months (-13.9 percent year-to-date).
Upcoming Events
06-Apr-23 – KCB Group Book Closure (Final: KES 1.00).
06-Apr-23 – Fahari I-REIT Book Closure (First & Final: KES 0.65).
10-Apr-23 – FXD1/2019/20 Coupon Payment (Coupon Rate: 12.873%).
10-Apr-23 – IFB1/2021/18 Coupon Payment (Coupon Rate: 12.667%).
Related Content: Equities Turnover Dip 42% To Hit Ksh 401 Million