Below is a comparison of the performance of the Kenya Shilling over the last two trading days: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 25/05/2012 85.3153 133.5134 106.9232 10.184 29.186 18.6368 7.0621 28/05/2012 85.3958 134.1424 107.5728 10.2703 29.0648 18.6193 7.0555   As we can see,…

Uchumi yesterday closed at KES 15.50 having opened the session at KES 16.50. Today we will watch the stock, among others, to see if it will remain at that value or if there will be more to the stock.

Gainers Price (KES) Change (%) Express Limited 3.75 4.17 Rea Vipingo Plantations 16.85 3.69 KCB 23.00 3.37 Standard Chartered Bank Limited 180.00 2.86 Eveready East Africa Limited 1.90 2.70 Losers Price (KES) Change (%) Uchumi Supermarkets Limited 15.50 9.88 Sameer Limited 4.30 4.44 British-American Insurance 5.60 4.27 Trans-Century Limited 25.00…

According to the weekly bulletin release by the Central Bank of Kenya (CBK) on Friday 25th, the interbank rate (cost at which banks borrow from one another) increased to 18.46% from 15.96% the week before. This increase can be attributed to the tightening of excess liquidity by the CBK…

The Kenya Shilling continued to lose traction against the USD, down 0.07% in Friday's trading in a week of continuous drops. The shilling gained on the Euro however, continuing the trend that has been going on lately. The gains on the Euro can be attributed to investors converting their holdings to dollar-backed assets from Euro denominated assets in the wake of the renewed economic tensions in Greece and the wider Euro Zone. Not that the Kenya shilling is doing anything extraordinary.

Gainers Price                  Change Crown Berger 29.50 +8.26 Eveready East Africa 1.85 +2.78 Olympia Capital Holdings 3.80 +2.70 AccessKenya Group Limited 4.75 +2.15 Diamond Trust Bank Kenya Limited 102.00 +2.00 Losers Price              …

Below is a table comparing the performance of the Kenya Shilling against the major international currencies as well as the currencies of our neighbouring countries in the last two trading days, Wednesday 23rd and Thursday 24th May 2012: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date…

Gainers Price (KES) Change (%) Crown Berger 28.00 7.69 AccessKenya Group 4.80 5.49 Trans-Century Limited 26.00 4.00 Kapchorua Tea Company 124.00 3.33 Eveready East Africa 1.85 2.78 Losers Price (KES) Change (%) Uchumi Supermarkets Limited 17.95 7.24 Safaricom Limited 3.20 5.88 Olympia Holdings Limited 3.70 5.13 NIC Bank 33.75 3.57…

The Kenya Shilling slipped 0.242% against the US Dollar in yesterday's trading. The Shilling however gained 0.708% against the Euro. Regionally, the Kenya lost 0.201%, 0.116% and 1.24% versus the Uganda and Tanzania Shillings and the Rwanda Franc respectively.

In yesterday’s trading the Kenya Shilling strengthened for the first time in three days registering an exchange rate of KES 84.90 over the course of the day. This comes as a small reprieve from the depreciation we have observed on the shilling over the last week or so. In response…