*🇰🇪 Kenyan Market Highlights* USD/KES Exchange Rate: 129.26 Nairobi Securities Exchange (NSE) Performance (as of May 19): NASI: 134.51 (+0.24) NSE 20: 2,200.81 (+4.88) NSE 25: 3,588.73 (+1.43) Equity Turnover: KES 464.7 million The Kenyan stock market experienced a positive week, with significant gains across major indices. Safaricom led the market activity, accounting for 42.9% of the week's turnover, and its stock price increased by 7.5% to KES 19.95, marking a 22-month high. *🌐 Global Economic & Political Developments* U.S. Tariff Policies: The implementation of new tariffs by the U.S. administration has led to significant market reactions. Despite expectations, these tariffs have not yet resulted in the anticipated surge of foreign investments into the U.S. economy. Kenya's Foreign Relations: Belgut MP Nelson Koech clarified that President Ruto's recent remarks in China do not indicate a shift away from the U.S., emphasizing Kenya's strategy to broaden its global alliances.