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Thu, 17 May 2012
Kenyan cbank seeks to mop up $24 mln via repos
NAIROBI, May 17 (Reuters) - Kenya's central bank sought to
take 2 billion shillings ($23.7 million) out of the market via
repurchase agreements on Thursday, the fifth straight session it
has done so after an increase in liquidity due to debt
redemptions. Thu, 17 May 2012
Kenya shilling stable vs dollar, outlook bearish
NAIROBI, May 17 (Reuters) - The Kenyan shilling
inched lower against the dollar on Thursday and traders said it
was likely to weaken in the next few days unless the central
bank intervenes, as falling bond yields weigh and risk-wary
investors rush to buy dollars. Thu, 17 May 2012
African Markets - Factors to watch on May 17
NAIROBI, May 17 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Thursday.
- - - - -
EVENTS:
KENYA-The central bank offers 2 billion shillings of 91-day Treasury
bills at auction.
ZAMBIA-Auction of 91, 182, 273, 364-day Treasury bills.
MAURITIUS-Bank of Mauritius to offer 400 million rupees of 182-day
Treasury bills at auction.
GLOBAL MARKETS
Asian shares on Thursday r Wed, 16 May 2012
UPDATE 1-ICC prosecutor OK with delay to trial of Kenyans
* ICC prosecutor says court has no role in Kenyan election
(Adds court to decide on delay request) Wed, 16 May 2012
ICC prosecutor OK with delay to trial of Kenyans
* ICC prosecutor says court has no role in Kenyan election Wed, 16 May 2012
Kenyan police arrest suspect in Mombasa grenade attack
NAIROBI, May 16 (Reuters) - A man has been arrested after a
grenade attack killed a woman and wounded several people outside
a night club in the Kenyan coastal city of Mombasa, police said
on Wednesday. Wed, 16 May 2012
UPDATE 1-Barclays Kenya Q1 profit beats market expectations
* Loan-loss provision down 39 percent to 702 mln shillings
(Adds details, analyst quotes) Wed, 16 May 2012
UPDATE 1-Kenyan shilling pares losses with cbank support
* Central bank intervenes to sell dollars, mops excess
liquidity
* Shilling seen pressured as banks go long on dollars
* KCB shares lift stock market
(Adds markets close, stocks)
By Kevin Mwanza
NAIROBI, May 16 (Reuters) - The Kenyan shilling fell
on Wednesday, driven lower by a broad-based investor exodus from
riskier assets but paring losses after the central bank sold
dollars directly to commercial banks for a second day and mopped
up liquidity.
Stocks rose for the fi Wed, 16 May 2012
Barclays Bank of Kenya Q1 pretax profit up 21 pct
NAIROBI, May 16 (Reuters) - Barclays Bank of Kenya
first quarter pretax profit rose 21 percent on higher total
interest income outpacing costs which were almost flat, the bank
said on Wednesday. Wed, 16 May 2012
Virgin Atlantic to stop Kenya flights by Sept
May 16 (Reuters) - British airline Virgin Atlantic
plans to withdraw flights between Nairobi and London by
September due to low passenger numbers, high fuel costs, and
increasing aviation taxes in Britain. |
