The Trading Room

Stanbic has not arrived cold, either. It has run a representative office in Addis Ababa since 2015, giving it a decade of on-the-ground reading before committing capital.

Our Analysts continue to closely watch developments in the Gulf, as well as any response from OPEC+, with the trajectory of oil prices.

Trading activity was heavily concentrated in a few counters on the NSE, with Kenya Pipeline Company leading the market after recording approximately 11 million shares traded.

The Central Bank of Kenya (CBK) MPC signaled vigilance, noting it will continue monitoring global oil prices and second‑round effects on inflation.

Despite those calls by KBA, the balance of evidence points that CBK MPC will hold the current Central Bank Rate at 8.75.