Kenya markets drift in thin session as CBK holds 8.75% rate
Thin session as CBK keeps CBR at 8.75%; NASI sits at 6.12 with muted turnover. Look to intraday cues in **SCOM**, **KCB**, and **EQTY** for directional hints.
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Thin session as CBK keeps CBR at 8.75%; NASI sits at 6.12 with muted turnover. Look to intraday cues in **SCOM**, **KCB**, and **EQTY** for directional hints.
CBK holds 8.75% as the MPC confirms the stance; thin session with no confirmed flows, while NCBA's H1 numbers and Nedbank stake oversubscription hint at potential upside when liquidity returns.
SCOM breakout dominates a thin NSE session as markets await the CBK MPC, with foreign flows waning and turnover around KES 335m.
Today the CBK kept the policy rate at 8.75%, while NSE turnover remained thin and investors watched **KCB** and **EQTY** for value signals.
NASI sits at 231.57 with a thin session and no confirmed flows; CBK holds CBR at 8.75% as bond issuance signals surface.
Markets were subdued with NASI edging higher as foreign flows remained unclear, ahead of a pivotal CBK bond switch auction and dividend dynamics.
The Nairobi Securities Exchange saw muted trading with turnover at KES 1.18B, as investors await dividend payouts and central bank signals.
A practical fixed-income primer on how Kenyan investors should use treasury bonds for income, capital preservation, and portfolio balance when CBK rates remain relevant.
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