Month: May 2020

Equity turnover on the Nairobi Securities Exchange closed the week lower with 84.8 Million shares valued at Kes 2.37 Billion ...

Volume on U.S. exchanges was 13.62 billion shares, compared to the 11.3 billion average for the full session over the ...

The KES 20 price per newspaper includes data usage meaning a customer’s data bundle will not be consumed when reading ...

There were no contracts concluded on the derivatives market of the NSE in today's trading session. 

The Acting MD said they remain totally focused on managing the company's cost base, affirming that the restructuring will not ...

The Japanese yen traded at 107.34 per dollar after strengthening from levels above 107.8 yesterday.

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, ...

The derivatives market of the NSE had one equity single stock futures contract concluded at a price of Kes 3, 550. ...

The hold in the Central Bank Rate was supported by inflation stability with inflation rate at 5.6% in April. Going ...

The company's balance sheet remained on an expansionary curve with net loans and advances to customers hitting Kes.203 billion while ...

The Group increased its loan loss provision tenfold to Kshs. 3 billion from Kshs. 300 million the previous year leading ...

Developments on U.S.-China relations likely continued to be monitored by investors, as tensions between the two economic powerhouses mount.

The company expects to close the sale of Kantar by June 2020.

Oil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the ...

Activity on the secondary bond market on the Nairobi Securities Exchange soared, with bonds worth Kes 3.46 Billion achieved in ...

Cargo tonnage increased from 64,238 tons to 68,264 tons, representing a 6.3 percent growth. Operating costs surged 12.4 percent to ...

Oil prices dipped in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.25% to $36.08 per barrel. U.S. ...

The Dow Jones Industrial Average rose 529.95 points, or 2.17%, to 24,995.11, the S&P 500 gained 36.32 points, or 1.23%, ...

The derivatives market of the NSE had an increase in acitvity with two contracts worth Kes 72,250  traded in today's session ...

Standard Chartered Ban had issued a dividend notice of Kes 15.00 per share and was due for payments on the ...

This is the fist time Equity Bank Shareholders will miss dividends since the company went public

South Korea’s Kospi gained 0.5 per cent and Australia’s S&P/ASX 200 added 0.7 per cent.

This is the time to utilize your emergency fund if you have one. If you don’t have it and instead ...

The U.S. dollar traded at 99.823 against a basket of its peers at 1:42 p.m. HK/SIN, a touch lower than its previous ...

This is the lowest levels China has pegged the Yuan since the financial crisis of 2008.

News of a possible vaccine for the corona virus by Moderna Inc pushed markets higher at the start of the ...

Secondary trading on the bond market at the Nairobi Securities Exchange had an increase in activity with bonds worth Kes ...

The Bank projects that it will wither the tough operating environment characterized by the COVID-19 pandemic to grow its earnings ...

Equity Group will also work with its customers to expand their opportunities in the health sector by financing them to ...

China is poised to impose a new national security law on Hong Kong after months of anti-government protests in the territory. ...

Amazon finished lower on Thursday after touching a record intraday high earlier in the day.

Total non-interest income grew to Kes4.9 billion from Kes4.1 billion while total operating income grew to Kes12.5 billion from Kes11.1 ...

The derivatives market of the NSE was up with 14 contracts concluded worth Kes. 394,200. This were the first trades ...

The Group’s balance sheet remained strong, growing 31% from Kes725.7 billion to Kes.947.1 billion, well within range of the Kes.1 ...

Oil prices were higher in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.5% to $35.93 per ...

Secondary trading on the bond market at the Nairobi Securities Exchange had a decline in activity with bonds worth Kes ...

The Group’s fundamentals remained strong in the first quarter of the year with overall positive volume increases, ending the quarter ...

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.17% to $34.71 ...

The Dow Jones Industrial Average fell 390.51 points, or 1.59%, to 24,206.86, the S&P 500 lost 30.97 points, or 1.05%, ...

Secondary trading on the bond market at the Nairobi Securities Exchange was relatively unchanged with bonds worth Kes 1.98 Billion ...

The move comes less than two weeks after Uber laid off 3,700 employees, or 14 percent of its global workforce. In ...

Hong Kong’s Hang Seng index led gains among the region’s major markets, jumping 2.38% in early trade as shares of ...

The derivatives market of the Nairobi Securities Exchange had reduced activity with one contract traded; the Equity Bank single stock ...

Investors can download Faida M-Trader on their phone and set up their CSDC remotely with the Investment Bank.

One of the most successful formulas in investing in the past three decades has been `buy the dips.’ Investment advisors ...

Oil prices rose in the afternoon of Asian trading hours on expectations of demand pick-up and supply cuts, reaching the ...

Last year, the brewer, which has presence in Kenya, Uganda and Tanzania saw its net revenue rise to Kes 82.5 ...

Equity turnover at the Nairobi Securities Exchange closed the week with a relative growth in value in terms of shares ...

Stanbic Bank restructured KSh 2.3 billion of SME loans and saw SMEs get a three-month loan holiday. This was particularly ...

East African Breweries Plc was today's most active counter by turnover, moving 3.24 Million shares valued at Kes 535 Million. ...

The negative outlook also captures the higher risks to the bank's asset quality and profitability due to a more fragile ...

First-quarter earnings season is on the final stretch, with 451 of the companies in the S&P 500 having reported. Of ...

In trading in the region on Friday, Japan’s benchmark Topix index fell 0.3 per cent while Hong Kong’s Hang Seng ...

There were 8 contracts concluded worth Kes 246, 500 on the derivatives market in today’s trading session. 

The fall in Australian stocks came as the country’s unemployment rate jumped to 6.2 per cent, the highest level in ...

The Dow Jones Industrial Average fell 516.81 points, or 2.17%, to 23,247.97, the S&P 500 lost 50.12 points, or 1.75%, ...

There were no contracts concluded on the derivatives market in today's trading session. This is against the Kes 712,200 turnover ...

Futures markets tipped the S&P 500 to drop 0.4 per cent when trading begins on Wall Street later in the ...

The Cboe Volatility Index, known as Wall Street’s fear gauge, ended 5.47 points higher at 33.04. It was the biggest ...

The Derivatives market of the NSE had 10 trades contracts concluded in today’s session valued at Kes 712,200 as compared to ...

Hong Kong’s Hang Seng index fell 1.48%, as of its final hour of trading while in Japan, the Nikkei 225 declined 0.12% to close ...

The Dow Jones Industrial Average fell 109.33 points, or 0.45%, to 24,221.99, the S&P 500 gained 0.39 points, or 0.01%, ...

The secondary Bond market at the Nairobi Securities Exchange recorded moderate growth in activity with bonds worth Kes 2.66 Billion trading ...

Japan's Nikkei added 0.7% and South Korean stocks 0.3%. E-Mini futures for the S&P 500 ESc1 opened soft but bounced ...

The largest advances in Asia Pacific region came in Japan and Hong Kong, with Seoul and Shanghai also seeing gains ...

The benchmark NSE All Share Index (NASI) closed at 140.87, representing a 1-week gain of 0.84%, a 4-week gain of ...

The Dow Jones Industrial Average rose 455.43 points, or 1.91%, to 24,331.32, the S&P 500 gained 48.61 points, or 1.69%, ...

The secondary Bond market at the Nairobi Securities Exchange recorded moderate growth in activity with bonds worth Kes 2.73 Billion ...

In each of the next three years, Kenya will need to repay on average 1.7% of GDP in external principal ...

Japanese stocks led gains among the region’s major markets, with the Nikkei 225 jumping 2.06% in afternoon trade

Stocks have rebounded sharply since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus

The Derivatives market had three contracts valued at Kes 119,000 concluded at the end of today’s trading session. This was lower in ...

Our market does not expect the stimulus similar to the US and Europe with Trillions of dollars poured out to ...

Asian markets fell moderately on Thursday as investors held their breath over data that could add to the picture of ...

The tech-heavy Nasdaq ended higher, although indexes pulled back late in the session especially after U.S. President Donald Trump said ...

The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades ...

The secondary Bond market at the Nairobi Securities Exchange recorded a decline in activity with bonds worth Kes 1.57 Billion trading ...

How do you know if it’s time to give up on a stock? While nobody would be able to make ...

CIPLA's share price has fallen by more than a half from the Initial Public Offering (IPO) price of Ushs 256.5 ...

Brent crude, the international benchmark, was off 0.1 per cent on Wednesday morning in Asia but still up for the ...

The Dow Jones Industrial Average rose 133.33 points, or 0.56%, to 23,883.09, the S&P 500 gained 25.7 points, or 0.90%, ...

Safaricom was the day’s main feature with 8.2M shares valued at Kes.248M changing hands at between Kes.29.50 and Kes.30.40; this ...

The upturn for stocks came on more optimistic statements from the governors of California and New York for reopening businesses. ...

The Derivatives market of the NSE remained silent with no contracts concluded in today’s trading session.

Analysts warned that after a strong April - fueled by optimism the worst of the disease has passed - equities ...

The NSE All Share Index closed at 139.69, which represented a 1-week gain of 2.88%, a 4-week gain of 5.89%, ...

Buffett, who will host Berkshire’s annual meeting virtually later Saturday, has largely stayed in the shadows as the pandemic hammered ...

Amazon stock fell about 5 percent after the company reported on Thursday that despite surging sales in the first quarter, ...

The Dow Jones Industrial Average fell 288.14 points, or 1.17%, to 24,345.72, the S&P 500 lost 27.08 points, or 0.92%, ...