Month: June 2020

The Derivatives Market had 2 contracts valued at Kes 50,450 transacted in today’s trading session. This was against the 6 contracts ...

The number of new coronavirus cases in the US fell below 40,000 for the first time in four days on ...

The Dow Jones Industrial Average rose 580.25 points, or 2.32%, to 25,595.8, the S&P 500 gained 44.19 points, or 1.47%, ...

The secondary bond market on the Nairobi Securities Exchange recorded a moderate rise in activity with bonds worth Kes 1.17 ...

In the U.S., coronavirus cases recently surged by more than 45,000 in a day, according to John Hopkins University data.

West Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of ...

A market maker might place a bid for 100 shares near the last sale price and a bid for 1,000 ...

The pan-European STOXX Europe 600 Index ended the week 1.89% lower, with major European indexes mixed. Germany’s DAX Index declined ...

The Dow Jones Industrial Average fell 730.05 points, or 2.84%, to 25,015.55, the S&P 500 lost 74.71 points, or 2.42%, ...

The secondary bond market on the Nairobi Securities Exchange recorded a moderate rise in activity with bonds worth Kes 4.62 Billion achieved ...

Kengen has already obtained pre-requisite laboratory approvals from the KenyaBureau of Standards to manufacture the detergent.

Markets in China remained closed on Friday for a holiday

The Dow Jones Industrial Average rose 299.66 points, or 1.2%, to 25,745.60. The Nasdaq, which hit an all-time high earlier ...

The derivatives market had 5 contracts valued at Kes 111,550 concluded during today’s session. This was against the 12 contracts valued ...

Markets in China and Hong Kong are closed on Thursday for a holiday.

The Dow Jones Industrial Average lost 710.16 points, or 2.7%, to 25,445.94. The Nasdaq, which was coming off its second ...

CBK said it saw a significant increase in the use of mobile money channels by individuals in both value and ...

The derivatives market had 12 contracts valued at Kes 407,805 concluded during today's session. This was against the 5 contracts valued at ...

The Australian dollar changed hands at $0.6958 after seeing an earlier low of $0.6923.

The S&P 500 posted 25 new 52-week highs and no new lows; the Nasdaq Composite recorded 142 new highs and ...

China, the world’s top crude importer, is also expected to slow crude imports in the third quarter, after record purchases ...

Kenya Power & Lighting Company Plc led the gainers with a 7.94% share price appreciation closing at KES 2.04 per ...

Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite down fractionally while the Shenzhen component rose 0.168%.

When you go to the market to borrow money, the market is looking at your current and past behavior

The Derivatives market of the NSE had no contracts concluded in today's trading session.

The revision of the Outlook on Kenya's IDRs reflects Fitch's view that the coronavirus shock will drive a sharp economic ...

Hong Kong’s Hang Seng index dipped 0.3% in early trade. Mainland Chinese stocks, on the other hand, edged higher. The Shanghai composite gained ...

Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand ...

Safaricom Plc recorded a 1.48% share price appreciation to Kes.30.90, up from Kes.30.45 registered the previous week with shares worth ...

The Dow Jones Industrial Average fell 208.64 points, or 0.8%, to 25,871.46, the S&P 500 lost 17.53 points, or 0.56%, ...

The Derivatives market of the NSE had 1 Safaricom Single stock future's contract expiring in 17th September traded valued at Kes ...

Since the Regulatory Sandbox became operational in March 2019, six companies have been admitted to test their innovations and one ...

Japan’s Nikkei 225 gained 0.72% while the Topix index nudged 0.23% higher. Over in South Korea, the Kospi traded slightly higher. Shares ...

The Dow Jones Industrial Average fell 39.51 points, or 0.15%, to 26,080.1, the S&P 500 gained 1.85 points, or 0.06%, ...

The secondary bond market on the Nairobi Securities Exchange recorded moderate rise in activity with bonds worth Kes 1.46 Billion ...

Last year, African Alliance announced the closure of its Ugandan brokerage business, citing low market activity

OPEC warned in a monthly report the market would remain in surplus in the second half of 2020 even as ...

Hong Kong’s Hang Seng index shed 0.22% by the afternoon. Shares of Chinese e-commerce giant JD.com jumped in their Thursday Hong Kong debut, rising ...

Bankrupt car rental firm Hertz Global Holdings announced it would suspend its plan to sell $500 million in new shares ...

The Derivatives market of the NSE had 5 single stock futures contracts valued at Kes 101,750 concluded in today's trading ...

The African Development Bank established its Social Bond framework in 2017 and has raised the equivalent of $5.5 billion through ...

At the beginning of his two-day testimony before Congress, Federal Reserve Chairman Jerome Powell said, "Until the public is confident ...

Investors also continued to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after ...

The Derivatives market of the NSE had 15 contracts valued at Kes 436,510 concluded in today's trading session. These were ...

Kenya Power’s net earnings for the year ended June 2020 is expected to drop by over 25 per cent as ...

Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program ...

There were no trades conducted on the Derivatives market of the NSE in today's trading session.

Oil prices also fell with Brent crude, the international benchmark, down 2.5 per cent to $37.77 a barrel. US marker ...

The benchmark NSE All Share Index (NASI) inched up during the week,gaining 2.70 points this week to close at 142.88, this ...

The Dow Jones Industrial Average rose 477.37 points, or 1.9%, to 25,605.54, the S&P 500 gained 39.21 points, or 1.31%, ...

The secondary bond market on the Nairobi Securities Exchange recorded growth in activity with bonds worth Kes 1.17 Billion achieved in 94 deals ...

Oil prices dropped in the morning of Asian trading hours, with international benchmark Brent crude futures down 2.75% to $37.49 per barrel. U.S. ...

The Group is pursuing a sales-led development model and is currently constructing 1,442 residential units across its three mixed-use developments

Boeing was the heaviest weight on the Dow, shedding 16.4% after its top supplier Spirit AeroSystems Holdings Inc announced a ...

The Derivatives market of the NSE had five contracts valued at Kes 149,250 concluded on the market in today's trading ...

Many companies that pay dividends are strong performers, and they are able to make distributions to investors because they have ...

The Japanese yen traded at 106.97 per dollar, having strengthened from levels above 109 seen earlier in the trading week. The Australian dollar changed ...

The Dow Jones Industrial Average fell 282.31 points, or 1.04%, to 26,989.99, the S&P 500 lost 17.04 points, or 0.53%, ...

The secondary bond market on the Nairobi Securities Exchange recorded a growth in activity with bonds worth Kes 2.20 Billion achieved ...

Sateesh joined Safaricom PLC as CFO and Executive Director on the board on 1st August 2016 from Vodacom Tanzania Ltd, where ...

Overnight on Wall Street, the Nasdaq Composite rose 0.29% to hit a record close of 9,953.75. Meanwhile, the Dow Jones ...

The Dow Jones Industrial Average fell 300.14 points, or 1.09%, to 27,272.3, the S&P 500 lost 25.21 points, or 0.78%, ...

The expected supply surge from Libya has been derailed after armed militants halted output at the nation’s biggest oilfield

The secondary bond market on the Nairobi Securities Exchange recorded a growth in activity with bonds worth Kes 2.97 Billion ...

In early trading on Tuesday, Hong Kong’s Hang Seng climbed 1.3 per cent to put the benchmark on track for ...

The Dow Jones Industrial Average rose 461.46 points, or 1.7%, to 27,572.44, the S&P 500 gained 38.46 points, or 1.20%, ...

The derivatives market closed Monday with 13 contracts valued at Kes 365,300. This is against the 4 contracts valued at ...

The partnership will allow Genghis to extend its offering to clients to include a wider range of alternative asset classes ...

International benchmark Brent crude futures dipped 0.24% to $42.20 per barrel, while U.S. crude futures shed 0.56% to $39.33 per ...

Shares in Europe surged as countries eased lock-down restrictions and the European Central Bank (ECB) injected fresh stimulus into the ...

The Dow Jones Industrial Average rose 829.16 points, or 3.15%, to 27,110.98, the S&P 500 gained 81.58 points, or 2.62%, ...

There were four contracts valued at Kes 67,600 concluded on the derivatives market in today's trading session. These were the ...

The Dow Jones Industrial Average rose 11.93 points, or 0.05%, to 26,281.82, the S&P 500 lost 10.52 points, or 0.34%, ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 96.791 following an ...

The secondary bond market on the Nairobi Securities Exchange recorded an exponential rise in activity with bonds worth Kes 4.45 ...

Going forward, the company has adopted various measures to mitigate its impact to the business and also continues to focus ...

While this is not the first cross-listing the country has seen as there are a number of Kenyan firms trading ...

The Japanese yen traded at 109 per dollar after weakening sharply earlier  this week from levels below 108. The Australian dollar changed hands at ...

The Dow Jones Industrial Average rose 527.24 points, or 2.05%, to 26,269.89, the S&P 500 gained 42.05 points, or 1.36%, ...

The secondary bond market on the Nairobi Securities Exchange recorded an increase in activity with bonds worth Kes 2.02 Billion ...

Crude Oil rose above $40 for first time in three months as investors shrug off US unrest

The Dow Jones Industrial Average rose 267.63 points, or 1.05%, to 25,742.65, the S&P 500 gained 25.09 points, or 0.82%, ...

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

The Japanese yen traded at 107.61 per dollar after weakening from levels around 107.4 yesterday. The Australian dollar changed hands ...

All three major U.S stock indices began the month with gains of less than 1% on the heels of a ...

While an industrial revolution was already in progress, the pandemic has accelerated the process and created even more complications for ...

The directors of the company have not issued a dividend recommendation for the period ending 31st Dec 2019.

Shares in Asia Pacific were higher on Monday, with Hong Kong’s Hang Seng index surging more than 3% in morning ...