Kenyan Shilling Melts Further Against The US Dollar

Exchange Rate Performance

• USD|KES: KES weakened by 0.09% to close at 144.32 (-16.98% year-to-date).
• GBP|KES: KES strengthened by 0.15% to close at 183.73 (-23.75% year-to-date).
• EUR|KES: KES strengthened by 0.20% to close at 156.83 (-19.48% year-to-date).

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Kenyan Stock Market

Total equity turnover dropped by 3.09% to close at USD 0.86 MN (KES 124.46 MN) compared to Friday’s turnover of USD 0.89 MN (KES 128.42 MN).

NSE 20 and NASI dropped by 0.08% and 0.48% to close at 1,531.20 and 100.86 respectively.

Foreign investors assumed a net selling position by accounting for 35.95% of total market purchases and 36.17% of total market sales.

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