Shilling Down 0.06%, Equity Turnover Up 5% – Soko Directory Team
The Kenyan shilling has continued to receive a beating from the US Dollar, weakening 0.06 percent on Thursday to close the day at 116.81 shillings (-3.24 percent year-to-date).
However, the local currency gained some ground against the British Pound and strengthened 0.16 percent to close at 147.21 shillings (+3.19 percent year-to-date). The shilling also strengthened against the Euro to end the day at 125.09 shillings, a 0.41 percent growth (+2.27 year-to-date).
Kenyan Stock Market
Total equity turnover edged up by 5.10 percent to close at USD 8.27 million (965.88 million shillings) compared to Tuesday’s turnover of USD 7.87 million (919.04 million shillings).
NSE 20 gained 0.24 percent to close at 1,685.84 while NASI fell by 0.07 percent to close at 128.66. Foreign investors assumed a net selling position by accounting for 67.03% of total market purchases and 96.06% of total market sales.
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