StanChart rallies, Barclays flat on the NSE #Offshore stockbrokers | Africa : Commodity Bridgehead to Asia | Scoop.it
The yield on Kenya’s $2 billion bond due June 2024 has shot up 170 basis points to 8.54 per cent, last time I looked.This back up in yields has all occurred since Trump won the US elections. The dollar is on the rampage across the board. Kenya shilling is at 101.852 versus the dollar. The Nairobi All Share popped +0.97 higher to close at 140.06. The Nairobi NSE20 Index firmed +10.76 points to close at 3272.47. Equity turnover clocked 437.363million.