Yields on the paper climbed 14.5 basis points to 9.495 per cent, its highest level since May 2016. South African five-year credit default swaps, a measure of the cost of insuring the country’s debt, hit a four-month high. The NSE20 retreated 27.52 points to close at 3719.19Equity turnover clocked 791.018m. KenGen closed unchanged at 8.40 and traded light with 79,200 shares changing hands. ARM Cement did not receive a lift from week-end take-over chatter and retreated -2.49% to close at 13.70.

Source: The Star November 14, 2017 21:11 UTC