Month: April 2020

The secondary Bond market at the Nairobi Securities Exchange recorded a rise in activity with bonds worth Kes 2.0 Billion ...

The National Bank of Rwanda (BNR) has cut the Central Bank Rate (CBR) from 5% to 4.5% to support commercial ...

Gold demand will continue to feel the effects of COVID-19 for the rest of 2020. In particular, the divergence between ...

That brings the total easing since November to 200 basis points, with the rate now the lowest since September 2011

The Derivatives market of the NSE had one contract concluded in today's trading session implying a turnover of Kes 14,000 . ...

Safaricom’s board has recommended a Kes.1.40 dividend pay out to shareholders up from Kes.1.25 last year from an earnings per ...

The dollar dropped against a basket of peers. The dollar index fell 0.247%, with the euro up 0.08% to $1.0837. ...

While the market is being hit by financial flows, Russia warned that there will be no quick fix to low ...

MansaX successfully delivered one of the highest returns in the market in Q1’2020 with an annualized return of 24.45% outperforming ...

Safaricom was the day's top mover, with 5.8 Million shares exchanging hands followed by Bank of Kigali Group

While data is beginning to highlight the impact coronavirus has had on economies, markets have been buoyed in recent days ...

The Dow Jones Industrial Average rose 358.51 points, or 1.51%, to 24,133.78, the S&P 500 gained 41.74 points, or 1.47%, ...

KCB Group Plc moved 2.4 Millon shares on it's books closure date. KCB Will pay a dividend of Kes 2.50 ...

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1% in early trade, having shed 2.6% last week. Japan's Nikkei ...

The Nairobi Securities Exchange closed the week on a high note with 134 Million shares valued at Kes.4.3 Billion against ...

The sharp downward revision is driven by a massive decline in Asian economies, led by China and India which are ...

The derivatives market remained flat with no contracts concluded in today’s trading session.

Stocks across Asia-Pacific fell after a potential antiviral drug to treat coronavirus flopped in its first clinical trial, dashing investors’ ...

Bonds worth Kes 1.40 Billion were traded in 97 deals in today's reading session on the Nairobi Securities Exchange.

Kenya Airways' share price Wednesday dropped below the Kes1 mark to trade at Kes 0.97 at the Nairobi Securities Exchange

Crude has been pummelled in recent days on concerns that there is not enough space around the world to store ...

The secondary Bond market at the Nairobi Securities Exchange recorded an increase in activity with bonds worth Kes 2.19 Billion trading ...

Frontier markets had a good day in turn as global Investors looked out to them for hedging against their markets. ...

The country’s third largest bank by assets had been set to pay the dividend to shareholders on the books on ...

The Derivatives market of the NSE (NEXT) had the first trades of the week with with 3 contracts  worth Kes ...

The challenge of identifying which assets will lead the rebound from the virus turmoil is the major debating point as ...

Demand for energy collapsed in the U.S and most heavy users of oil globally and traders don’t want to get ...

Investors should confirm the licensing status of any firms offering services in the capital markets industry with the Authority. CMA ...

A total of 19,230,500 shares in 917 deals, corresponding to a market value of KES 517,725,408.00, were traded in today's ...

Nation Media Group has announced a payment of a bonus dividend which will be issued on a ratio of 1 ...

There is not much expectation about the current quarterly earnings season and the disappointment seems to be already factored into ...

The spot market remains volatile and will likely decline further without adequate measures by the government such as economic stimulus ...

The Derivatives Market of the NSE closed the last week day of trading with no contracts concluded on the exchange.

The local market seems to have run out of purchasing power, or are waiting for even lower prices as we ...

The rand has slumped 25% against the dollar this year, compared with the lira’s 14% decline. South Africa’s currency has ...

Trading activities on secondary Bond market at the Nairobi Securities Exchange doubled with bonds worth Kes 1.88 Billion trading in 77 deals, ...

Kenyan government has less fiscal room to support the economy compared to many of its peers and the country's credit ...

The derivatives market of the Nairobi Securities Exchange (NEXT) closed today's session with 6 single stock futures concluded in today's ...

China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way ...

Trading activities on secondary Bond market at the Nairobi Securities Exchange opened the week with a rise in activities, with ...

Analysts estimate that 76 of the world’s poorest nations, which are eligible to receive the bank’s International Development Association (IDA) ...

As losers & gainers continue to emerge, Safaricom still takes the lead in firms gaining ground during this pandemic. The ...

The major Asia-Pacific stock indexes are trading lower on Monday as traders digest the OPEC+ production cut deal and the ...

The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to ...

All the key indices of the market declined at the close of Thursday's session, an indication that stocks, despite the ...

These regulations will see CMA facilitate the licensing of commodity exchanges, commodity brokers and approval of clearing houses. The regulations ...

The rating action follows the downgrade of the bank's ultimate parent, South Africa-based Standard Bank Group Limited (SBG), to 'BB'/Negative ...

CDSC will test its its proposed screen-based Securities Lending and Borrowing (SLB) platform for a period of five months on ...

Most markets will be closed for Good Friday today and will resume trading on Tuesday. U.S markets as the tradition, ...

The derivatives market of the Nairobi Securities Exchange (NEXT) closed the last trading day of the week flat with no contracts ...

World Bank is deploying up to $160 billion in financial support for developing countries over the next 15 months to ...

Absa Bank Kenya will cease to transact as an authorized foreign exchange dealer in the Kenyan market from Thursday, April ...

The banking stocks are one of the most hit in Nairobi as stocks plummeted and have been struggling to remain ...

Fitch expects Kenya's general government debt to continue rising through FY22 to reach about 70% of GDP. This is higher ...

Trading activities on secondary Bond market at the Nairobi Securities Exchange edged higher, closing the day with bonds worth Kes ...

On performance of global markets, Asian stocks stepped back early Wednesday after two sessions of sharp gains as investors turned ...

Increased market activities on the NSE saw the market turnover rise by 24% to settle at Kes. 782.7 Million against ...

As we hold on to hope for this too to pass, there is nothing better than being on the list ...

Early Tuesday data on Asian markets showed that Asian stocks headed for their first back-to-back gain in two weeks on ...

Trading activities on secondary Bond market at the Nairobi Securities Exchange recorded a growth in activities with bonds worth Kes ...

Despite the ever-continuing fear and uncertainty over the COVID-19 pandemic, all global, emerging and frontier markets, including Kenya, have shown ...

Given the need to postpone AGMs, to help eligible shareholders access dividends during these difficult circumstances, the respective Boards of ...

Trading activities on secondary Bond market at the Nairobi Securities Exchange slumped with bonds worth Kes 855.5 Million trading in ...

The international insurance business contributed 19 percent of the Group’s gross earned premium, thereby boosting profitably to the Group.

So far, CMA has issued three non-dealing online foreign exchange brokers licenses to EGM Securities Ltd, SCFM Limited, and Pepperstone ...

Stocks sank in Australia and Hong Kong, while South Korean shares fluctuated. Early gains in Japan gave way to losses, ...

Activity on the derivatives market of the Nairobi Securities Exchange grew exponentially with 14 contracts concluded in today's trading session, ...

Wednesday’s cascade that sent technical analysts back to the charts in search of lines of defense that might emerge should ...

The secondary Bond market at the Nairobi Securities Exchange continued to experience a decline in deals and turnover, with bonds ...

Peter Ndegwa is the third substantial chief executive of the company following in the footsteps of Joseph ( 2000-2010 ) ...

The trend could follow in emerging markets with a high exposure in India, South Africa and Nigeria. The European markets ...