Exchange Rate Performance
The Kenyan shilling has maintained boldness against the US Dollar. On Monday, the local currency slightly weakened by 0.02 percent to close at 129.26 (+0.02 percent year-to-date).
Against the British Pound, the shilling strengthened 1.51 percent to close at 166.90 (-2.85 percent year-to-date). It also strengthened 1.01 percent against the Euro to close at 142.04 (-5.77 percent year-to-date).
Read Also: Kenyan Stock Market Shows Mixed Performance Amid Currency Fluctuations
Kenyan Stock Market
Total equity turnover dropped by 55.42% to close at USD 1.37 MN (KES 177.12 MN) compared to Friday’s turnover of USD 3.07 MN (KES 397.20 MN).
NSE 20 and NASI eased by 0.91% and 1.81% to close at 2,204.76 and 129.13 respectively.
Foreign investors assumed a net selling position by accounting for 45.83% of total market purchases and 54.12% of total market sales.
Read Also: The Kenyan Stock Market Closes The Week Tumbling Down As Foreign Investors Drive Sell-Off