AGL 41.93 Increased By ▲ 3.39 (8.8%)
AIRLINK 129.55 Increased By ▲ 0.05 (0.04%)
BOP 6.25 Increased By ▲ 0.64 (11.41%)
CNERGY 4.10 Increased By ▲ 0.24 (6.22%)
DCL 8.62 Decreased By ▼ -0.11 (-1.26%)
DFML 40.82 Decreased By ▼ -0.94 (-2.25%)
DGKC 88.50 Increased By ▲ 0.20 (0.23%)
FCCL 35.00 No Change ▼ 0.00 (0%)
FFBL 66.50 Decreased By ▼ -0.85 (-1.26%)
FFL 10.74 Increased By ▲ 0.13 (1.23%)
HUBC 109.41 Increased By ▲ 0.65 (0.6%)
HUMNL 14.80 Increased By ▲ 0.14 (0.95%)
KEL 4.75 No Change ▼ 0.00 (0%)
KOSM 7.31 Increased By ▲ 0.36 (5.18%)
MLCF 42.71 Increased By ▲ 1.06 (2.55%)
NBP 61.50 Increased By ▲ 1.90 (3.19%)
OGDC 179.70 Decreased By ▼ -3.30 (-1.8%)
PAEL 25.95 Decreased By ▼ -0.30 (-1.14%)
PIBTL 6.04 Increased By ▲ 0.07 (1.17%)
PPL 146.31 Decreased By ▼ -0.39 (-0.27%)
PRL 24.11 Increased By ▲ 0.50 (2.12%)
PTC 16.35 Decreased By ▼ -0.21 (-1.27%)
SEARL 70.65 Increased By ▲ 2.35 (3.44%)
TELE 7.18 Decreased By ▼ -0.05 (-0.69%)
TOMCL 36.40 Increased By ▲ 0.45 (1.25%)
TPLP 7.96 Increased By ▲ 0.11 (1.4%)
TREET 15.30 Increased By ▲ 1.10 (7.75%)
TRG 50.62 Increased By ▲ 0.17 (0.34%)
UNITY 27.35 Increased By ▲ 0.60 (2.24%)
WTL 1.25 Increased By ▲ 0.04 (3.31%)
BR100 9,860 Increased By 54.7 (0.56%)
BR30 29,832 Increased By 154 (0.52%)
KSE100 92,674 Increased By 370 (0.4%)
KSE30 28,888 Increased By 48 (0.17%)

Kenya's shilling sank to new three-year lows against the dollar on Friday as banks covered short dollar positions before a long weekend amid worries about the health of the global economy. The commercial banks posted the unit at 78.15/25 against the dollar compared with Thursday's close of 77.20/30, leaving the shilling down 5.32 percent since the close of last week.
The market will close for a public holiday on Monday. "The market is covering short positions ahead of the long weekend. The bearish momentum of the past few days and negative economic sentiment are still weighing down the shilling," said Co-operative Bank's dealer Stephen Kimani.

Copyright Reuters, 2008

Comments

Comments are closed.