June 2023 Market Wrap-up Report
Understand the risks of bond default payment by the government and explore strategies such as extended duration and haircuts to mitigate potential losses. Protect your investments with informed decisions.
Understand the risks of bond default payment by the government and explore strategies such as extended duration and haircuts to mitigate potential losses. Protect your investments with informed decisions.
Our featured investment solution segment demystifies the complex world of pension schemes and medical insurance in Kenya. Find out about the National Social Security Fund (NSSF) and the National Hospital Insurance Fund (NHIF) in Kenya, and how you can benefit from these investment solutions.
During the month of April, the equities market was on a downward trend. The NASI, NSE 20, and NSE 25 declined by 4.5%, 2.7%, and 3.7% respectively over the month of April. The poor performance in the equities market was driven by losses recorded by large-cap stocks such as Bamburi, Standard Chartered Bank of Kenya (SCBK), Safaricom, KCB Group, and EABL of 14.3%, 12.4%, 8.8%, 7.5% and 6.6%, respectively.