Month: March 2020

In 2018 year the lender had posted a loss of Kes598.2 million, even as it slowed its loans and advances ...

The derivatives market of the Nairobi Securities Exchange closed the second trading day of the week with no transactions concluded on ...

counters that are currently trading on cum-dividend are likely to maintain their trading positions at these levels.

Bamburi Cement Plc came out last with an end-of-day price depreciation of 9.20% closing at KES 45.40 per share.

While most of these countries have advanced healthcare systems, Africa's healthcare systems might not be able to handle a surge ...

The net interest income grew by 16.3 per cent to KES. 5 Billion compared to KES. 4.3 Billion realized in ...

Indonesian stocks plunged to a level that triggered trading halt, as the number of Covid-19 cases surge domestically and globally

The week ahead will be tough on the market, it is now clear that the country will face an economic ...

Greatest health impact has been in advanced economies, but emerging market and developing countries, especially low-income countries, will be hard ...

The day's top mover was Safaricom, moving an average 14.9 Million shares on the market. Equity Group, ABSA Bank ad ...

The Directors have recommended the payment of a first and final dividend for the year 2019 of Kes. 0.08 per ...

Well, these types of rallies are not uncommon in periods of extreme volatility. During the height of the financial crisis, ...

The derivatives market of the Nairobi Securities Exchange closed today's session with no transactions concluded on the market.

As the virus spread and Kenya's reported an additional one confirmed case of the COVID-19 yesterday and also reported the ...

Compared with the previous trading day, today's data shows 47% decline in volume, 39% decline in turnover, and 27% decline ...

The lender’s total operating income grew by 59 per cent to Ksh.33.7 billion from Ksh.21.2 billion posted in the previous ...

At the moment, it's a game of bazookas, tanks and all arsenal Central Bankers can pull against a new enemy, ...

One Equity contract worth Kes.32, 000 expiring in 18th June 2020 concluded at a price of Kes.32.75. This is against ...

The bear run may last but a bull will emerge at the long run. Rather buy the dip than buy ...

The Bank costs were well managed at Kshs17.3 billion reflecting a 1% increase year on year largely because of spend ...

The NSE 20 share index touched a new 17 year low, closing below the 2000 basis points!

Yesterday, the country's health minister indicated a rise and also confirmed possible rise in infections in the country as they ...

Local investors retreated to playing defensive position in the market, mainly focusing on the blue-chip counters, a move which has ...

In making this decision, the CBK Board also noted the ongoing critical efforts to stem the spread of the Coronavirus ...

The secondary Bond market at the Nairobi Securities Exchange soared in turnover with a turnover of 5.52 Billion in 98 ...

The measures are aimed at supporting interbank lending and freeing up cash in the money markets in response to “liquidity ...

EABL acquired 51 per cent of the issued share capital of SBL in October 2010. At present, SBL has three ...

The results released yesterday could bring into play a defensive game for bank stocks, just as local investors did on ...

The Group continued to maintain an agile balance sheet with a liquidity of 52.1%, a loan deposit ratio of 75.9% ...

The Bank's Chief Executive said it was too early to assess the impact of the coronavirus epidemic on its business. ...

The secondary Bond market at the Nairobi Securities Exchange recorded a rise in trading activities with a turnover of 3.77 Billion ...

In a statement accompanying financial results, Co-op Bank Group MD Dr. Gideon Muriuki said the bank has continued to leverage ...

The whole world is on the watch. So many things seem to be happening at the same time and many ...

Data from the NSE shows the dividends as a percentage of share price (dividend yields) for 18 listed firms range ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 35,255,300 shares in 1,061 ...

In line with the mandate of ensuring an orderly, fair and efficient market as well as protection of investors, the ...

Trading on Philippines Stock Exchange will resume on march 19th after the country temporarily halted trading on all Capital markets ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 15,370,400 shares in 965 ...

A month into one of the fastest global market meltdowns in recent history, investors aren’t willing to pay more than ...

The first quarter of the year and the market is taking one of the greatest hit of all time. Bringing ...

Equity Group Holdings Plc has announced that Polycarp Igathe has re-joined the Equity Executive team as the Group Chief Commercial ...

Kenya's largest telecoms operator Safaricom said on Monday it will waive transaction costs on mobile money transfers under Kes 1,000 ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of ...

South Africa’s benchmark stock index plummeted to the lowest in more than six years after President Cyril Ramaphosa’s declaration of ...

European Commercial Bank could be warming up to counter the virus effect which is on the verge of pushing the ...

The corona virus is putting remote work to a gigantic test, and at a totally unprecedented scale. As the president ...

In the coming week, we expect the bear run to open Monday but only for a short while. The market ...

Microsoft announced on Friday that it's co-founder Bill Gates is leaving the board, effective Friday. Gates is also stepping down ...

The slump in oil may make recovery of global markets even harder as the Corona-Virus pandemic continues to hit markets ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of ...

Global markets have officially entered into a bear run. In what couldn't have been worse, the New York Stock Exchange ...

South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as markets globally continued to ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A  total of 63,060,600 shares in 1,536 ...

KCB higher earnings have continued to be supported by non-interest funded income (NFI) streams which grew by 22.8 percent to ...

The world health organisation yesterday declared the novel Coronavirus a global Pandemic.

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 16,562,600 shares in 821 ...

We are working on automating our products to ensure anyone in any part of the country can join the Gencap ...

In the newsletter, Co-op bank issued a cautionary statement, informing investors of a major corporate action which might significantly affect ...

Tuesday saw the Nairobi bourse gain Sh10 billion in market capitalisation, recovering some of the heavy losses recorded on Monday.

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 29,805,100 shares in 887 ...

Financial markets globally yesterday had their worst day as markets opened lower and 'messier'. This is after Oil prices cratered ...

The secondary Bond market at the NSE recorded a growth in activity in today's trading session with bonds worth Kes ...

The Corona Virus scare hit the NSE hard two weeks ago when the index touched its lowest in 16 years. ...

The mother of all busts is unfolding in the oil market. WTI crude is already down 37% since the January ...

We’re likely to see the lowest oil prices of the last 20 years in the next quarter,” Roger Diwan, an ...

Markets globally had a week full of uncertainties as the coronavirus outbreak continued it's sweep across the globe. Despite Friday's ...

The announcement followed a meeting between the president, prime minister and senior financial officials earlier in the day

The Derivatives Market had a silent day with no trades recorded in today’s session. A decline from yesterday’s trades of 9 ...

Data from commercial banks reveal the shilling is under pressure since Tuesday when Central Bank of Kenya announced they will ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 12,842,900 shares in 906 ...

A report by  Standard Investment Bank (SIB) has revealed that the small cap stocks have been performing well on the ...

Before the outbreak, the global economy was showing signs of stabilizing, as the Bank had projected in its January Monetary Policy ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 26,580,800 shares in 882 ...

The NSE opens this morning with a new wave on uncertainties as global markets. U.S. stocks tumbled and Treasuries surged ...

This is the first unscheduled, emergency rate cut since 2008, and it also marks the biggest one-time cut since then. ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 33,513,300 shares in 936 ...

For instance, in 2019, Kenya's petroleum product imports amounted to USD 3,310 million and the average price of our benchmark ...

1. Global Markets soared yesterday for the first time in two weeks as China reported lower cases of the Corona ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE).  A total of 28,787,000 shares ...

It's a new month today & here's what to know as markets open. 1. East African Breweries Plc closed their ...

Fears of a sustained global economic impact as the coronavirus rapidly spreads beyond China have sent investors scrambling to find ...