 Kenya Weekly Commentary for the week ended 24 October 2008.
Please find attached the Kenya Weekly Commentary for the week ended 24 October 2008.
· KCB Bank posts a 68.9% increase in 3Q08 net profits to Kshs 3.8 billion
· Orange further lowers call tariffs
· Co-operative Bank IPO set to commence on 30 October 2008
· Kenya Airways to face more competition on the Middle East route
· Private power firms to sell power to Kenya Power
· The Tripartite Trading Block…A blessing or curse?
· Kshs depreciates 3.7% w-o-w against USD to Kshs 80.12
· Kshs down 28.1% ytd against USD
· NSE 20 Index down 9.2% to 3,373.87
· NASI All Share Index down 9.9% to 68.55
· Volumes traded at Kshs 543 m
· Short term rates up
· Volumes traded at Kshs 307m
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MPoipoi
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