Articles By: Standard Investment Bank
The market closed the week in the green with the NASI and N10 rising by 0.5% and 0.2%, respectively. In
Market News
Kenya Airways rose 5.7 percent to KES 4.05 following the Nairobi Stock Exchange notice lifting the suspension in the trading
Market News
Last week, the average lending rate slipped to 11.5% from 11.8%, offering some breathing room for borrowers in the interbank
Market News
Microsoft has announced the launch of a new skilling initiative in Kenya, a groundbreaking program aimed at training 1 million
Technology
Demand for T-bills remained elevated, with overall performance climbing to 357.3%, from 337.2%, a new high. Interest shifted to the
Market News
Exchange Rate Performance The Kenyan shilling remained relatively unchanged against the US Dollar to end the day on Monday at 129.20
Market News
Safaricom was the day’s (Thursday) most traded stock, accounting for 66.3% of the day’s turnover. The counter increased by 2.0%
Market News
During the week, liquidity conditions in the interbank market remained relatively stable with the average lending rate edging up slightly
Market News
The National Treasury published the actual receipts and releases for the first two months of FY 24/25. Total expenditure came
Government and Policy
Equity Group was the day’s most traded top-mover on Monday, accounting for 41.8 percent of the day’s turnover. The counter
Market News
In August 2024, the general prices of goods and services increased by 4.4% y/y, a slightly faster increase compared to the
Headlines
Last week, market activity edged upwards to USD 17.78m (+92.6%w/w). Safaricom dominated market activity accounting for 60.5% of the week’s
Market News