The Kenyan shilling continues to hold forte against the US Dollar even as Njaanuary progresses. Here is how the markets performed this Friday:
Exchange Rate Performance
USD|KES: KES weakened by 0.01% to close at 129.49 (-0.15% year-to-date).
GBP|KES: KES strengthened by 0.37% to close at 159.14 (1.93% year-to-date).
EUR|KES: KES strengthened by 0.03% to close at 133.27 (0.76% year-to-date).
Read Also: Equity Turnover Rises 287% As Kenyan Shilling Slightly Dips
Kenyan Stock Market
Total equity turnover increased by 44.18% to close at USD 4.69 MN (KES 607.55 MN) compared to yesterday’s turnover of USD 3.25 MN (KES 421.32 MN).
NSE 20 and NASI rose by 0.13% and 0.52% to close at 2,145.27 and 129.64 respectively.
Foreign investors assumed a net buying position by accounting for 52.29% of total market purchases and 46.44% of total market sales.
Read Also: Kenyans Felt The Pressure Of Higher Commodity Prices In December