Markets
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Kenya’s Stock Market Ranked World’s Worst Performer
Kenyan stocks took a hit in a fourth consecutive decline to September, the longest decline since 2017. Large-cap stocks like…
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Investors avoid Sept Tap Sale to raise only Ksh.3.4bn of Ksh.15bn offered
Investors heavily avoided the September Treasury Bond Tap Sale pointing to a lack of trust in the government to repay…
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Saudi Arabia lays path to creating viable Islamic securitisation and covered bond markets
Saudi Arabia ( rated A1 positive by Moody’s) is the largest Islamic finance market globally and Moody’s expects the Saudi…
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Equities Market Tumble after Large-cap Stocks Take Hit
The equities market was on a downward trajectory in the past week, with NASI declining the most by 2.2%, while…
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Kenya banks’ lending rates hit a 65-month high of 13.5%; What does it mean?
The average lending rate offered by commercial banks in Kenya has surged to its highest level in 65 months, reaching…
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Carbon credit market confidence ebbs as big names retreat
Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle…
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Equities turnover dips by 72% to Ksh.464.4 million
The equities market was on a downward trajectory in one week to August 25, with NASI, NSE 20, and NSE…
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Government securities – What does the trend mean for your business?
Throughout the year, investors have shown a preference for the short-end. Treasury has only managed to attract uptake of long-term…
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Kenya Eurobonds: What we know so far
In the week to August 19, the yields on Eurobonds were on an upward trajectory, with the yield on the…
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T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper
The Treasury Bills (T-Bills) were oversubscribed for the second week, with the subscription rate coming in at 186.2%, albeit lower…
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