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The Televised Fall Of The Kenyan Shilling, Drops Further To The Lowest

BY Dyer and Blair · September 12, 2023 06:09 am

KEY POINTS

Total equity turnover eased by 20.96% to close at USD 1.25 MN (KES 182.48 MN) compared to Friday's turnover of USD 1.58 MN (KES 230.87 MN)

Exchange Rate Performance

  • USD|KES: KES weakened by 0.06% to close at 146.22 (-18.52% year-to-date).
  • GBP|KES: KES weakened by 0.24% to close at 182.60 (-22.99% year-to-date).
  • EUR|KES: KES weakened by 0.16% to close at 156.64 (-19.33% year-to-date).

Read Also: Weekly Equity Turnover Drops 35.1% To Close At Ksh 1.15 Billion

Kenyan Stock Market

Total equity turnover eased by 20.96% to close at USD 1.25 MN (KES 182.48 MN) compared to Friday’s turnover of USD 1.58 MN (KES 230.87 MN).

NSE 20 and NASI rose by 0.17% and 0.70% to close at 1,544.25 and 99.39 respectively.

Foreign investors assumed a net selling position by accounting for 68.92% of total market purchases and 76.94% of total market sales.

Read Also: Kenya’s Private Sector Economy Signals An Improvement On Increased Purchasing Activity

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