Month: August 2020

The derivatives market of the NSE had no contract concluded  in today’s trading session .

The earnings per share in nation media group recorded a loss of kes 1.90 from a profit of kes 2.20 ...

East African Cables thus recorded a decrease in the overall expenses by 12% in the period ended 30th June 2020.

This led to a 58% decrease in revenue booked in six months period ending 30th June 2020

Shares of Mitsubishi jumped 10.31% while Itochu gained 5.57%. Marubeni soared 12.41% and Mitsui gained 8.36%, Sumitomo rose 10.4%.

Global stocks ended the week mixed, on the present prevailing macros. The MSCI’s benchmark for global equity markets rose by ...

The bond market saw a rise in activity with bonds valued at Kes.24.5 billion billion achieved against the Kes 5.7 ...

Stocks extended their gains after a top aide to President Donald Trump said the president is willing to sign a ...

The derivatives market of the NSE recorded a slight decline  in turnover during today's trading session with 6 contracts valued ...

The company forecasts that the 2020 results will be significantly negatively impacted because of the projected suppressed air travel demand ...

Absa says it has restructured Kes.57 billion worth of customer loans representing 28 percent of its advances to customers as ...

Bamburi Cement Plc has posted a 13% decline in activity for the first half of 2020 at Kes16.2billion which as ...

Advancing issues outnumbered decliners 1.36-to-1 on the NYSE, while declining issues outnumbered advancers 1.07-to-1 on the Nasdaq.

The derivatives market of the NSE had 6 contracts valued at Kes 195,370 concluded in today’s trading session.

NCBA board has held back the declaration of an interim dividend for the period in line with its cash preservation ...

Hewlett Packard Enterprise Co ended the session higher after its full-year profit outlook beat expectations, while tax software firm Intuit ...

Prices and index updates stopped around 11:10 a.m. in Wellington when the benchmark S&P/NZX-50 index was up 0.2% at 12,053. ...

The derivatives market of the NSE had 3 contracts during today's trading session valued at kes 98,500. These were the ...

The reduced profit was largely the result of increased provisions, reflecting the prudent approach adopted by DTB in the midst ...

Medtronic's stock advanced after the medical device maker's quarterly profit beat consensus.

While Nigeria has embarked on gradual easing of lockdown since Q2 2020 with a N2.3 trillion stimulus intervention, economic activities ...

Stocks in Asia Pacific were mostly higher on Tuesday, while top trade representatives from Washington and Beijing had a call ...

The derivatives market of the NSE no contracts concluded during today's trading session.

the Dow Jones Industrial Average rose 384.61 points, or 1.38%, to 28,314.94, the S&P 500 gained 34.93 points, or 1.03%, ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE). A total of 10,966,400 shares ...

“We are pleased to be joining the Kenya Bankers Association, an organization that has championed industry development since 1962,” said ...

Oil prices edged lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures slightly lower at $44.33 per ...

Brazilian stocks rebounded later in the week after media reports said that President Jair Bolsonaro has no plans to fire ...

The Derivatives Market of the NSE closed the week with a total of 10 contracts valued at Kes.247,000 concluded in ...

Apple Inc rose 4% as its market value continued to swell after the most valuable publicly listed company in the ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE). A total of 35,879,500 shares ...

The Japanese yen traded at 105.53 per dollar after touching levels above 106 against the greenback yesterday. The Australian dollar changed hands at $0.7185, ...

The Dow Jones Industrial Average ended up 46.85 points, or 0.17 percent, to 27,739.73, the S&P 500 gained 10.66 points, ...

The derivatives market of the Nairobi Securities Exchange had no contracts concluded during today’s trading session.

The performance of Sanlam Kenya in the first six months is attributed to the economic hardship facing the country due ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.035 after seeing an earlier ...

Property revaluation also widened the  losses of Kes 929 million due to the depressed property market which has been characterized by ...

The S&P 500 posted 26 new 52-week highs and no new lows; the Nasdaq Composite recorded 74 new highs and ...

The derivatives market of the NSE no contracts concluded during today's trading session.

Despite the very wet conditions experienced in the first half of the year Kakuzi's arable operations have done well.

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 1.1% to $44.96 per ...

The total operating income grew by 17.6 per cent to Sh 4.2 billion during this period compared to Sh 3.6 ...

The S&P 500 flirted with all-time highs for several sessions before finally hitting a new record, raising questions about whether ...

Activity on the secondary bond market on the Nairobi Securities Exchange slumped with bonds worth Kes 914.01 million achieved in ...

The Group increased its portfolio credit provision 15-fold from Kes. 500 million to Kes.7.7 billion increasing the Group’s NPL coverage ...

The Japanese yen traded at 105.54 per dollar after strengthening from levels above 106.4 against the greenback yesterday. The Australian dollar changed hands at ...

The S&P 500 retailing index climbed 1.4%, with heavyweights Walmart Inc and Target Corp also set to report results this ...

The derivatives market of the NSE had 6 contacts valued at Kes 150,000.The Safaricom contract expiring in December 2020 had ...

On Friday, President Felix Tshisekedi announced that his government would also tighten fiscal policy to support the currency and fight ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.934 after its decline ...

Thailand has recorded one of the largest drops in GDP in Asia this year.

Japan's GDP growth is expected to contract more than 7% (26.6% annualized) in the three months ended June 30 versus ...

The Nairobi Securities Exchange closed the week on a bearish note weighed down by the fall in prices in some ...

The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and ...

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

Stanbic Bank will not pay out an interim dividend from its half year earnings with its earnings per share (EPS) ...

Oil prices reversed gains in afternoon trade during Asian hours on Friday. U.S. crude fell 0.31% to $42.11 as of ...

The U.S. presidential election is expected to add another layer of uncertainty into markets, with roughly 12 weeks remaining until ...

South Korea has overtaken China to lead Asia in sales of socially-responsible bonds this year, as global issuance of debt ...

The derivatives market of the recorded a rise in activity with 10 contracts valued at Kes 279,800 concluded in today’s ...

The bank says a six percent growth in net loans and advances to Kes 272 billion and a 19 percent ...

Japan’s Nikkei 225 bounced 1.78% higher to close at 23,249.61, while the Topix was also up 1.16% to 1,624.15. Auto and tech stocks ...

KCB's earning per share (EPS) has also dropped to Kes.4.72 in the period from Kes.8.30 last year, pushing the lender ...

The Dow Jones Industrial Average rose 1.03% to end at 27,971.9 points, while the S&P 500 gained 1.38% to 3,379.81. The ...

Three E.A Breweries contracts worth Kes.46,000 expiring in 17th December 2020 were concluded at a price of Kes.156.30

In its update on the economy, the ONS also pointed to a record fall in productivity during the second quarter ...

NCBA Bank Kenya Plc has given notice to all holders of its Kes 7B Medium Term Note Programme, of the ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.823, swinging higher from ...

The Dow Jones Industrial Average fell 104.53 points, or 0.38%, to 27,686.91, the S&P 500 lost 26.78 points, or 0.80%, ...

The secondary bond market on the Nairobi Securities Exchange recorded an increase in activity during today’s session with bonds worth ...

Equity Group now has two subsidiaries in the Democratic Republic of Congo having earlier acquired ProCredit, a German bank, now ...

Asia Pacific markets mostly rose on Tuesday, following gains on Wall Street overnight as investors remain unfazed by China’s retaliatory ...

Energy and industrials , among the worst performers this year, gained, while technology and communication services fell.

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE). A total of 18,666,400 shares ...

The company states that despite the depressed market prices which have continued to pose a risk to the business performance, ...

Oil prices rose Monday during Asian hours. U.S. crude added 1.24% to $41.73 per barrel while global benchmark Brent was ...

The shares of Aramco, which Apple Inc. dethroned last month as the world’s most valuable listed company, rose 0.3% to ...

Stocks in Brazil, as measured by the Bovespa Index, returned about -0.1%. On Wednesday, the central bank reduced its benchmark ...

Kenya Reinsurance Corporation & WPP Scangroup Plc released their half year results, recording an impressive turnaround in quarterly earnings against ...

Trump late on Thursday unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing ...

Shareholders’ funds which were at Kes 31.9 billion in the period ending 31st December 2019, also increased by 3%  as ...

The secondary bond market on the Nairobi Securities Exchange recorded a notable rise in activity during today’s session with bonds ...

Oil prices were higher in the morning of Asian trading hours. International benchmark Brent crude futures were up 0.33% to $45.24 per ...

About 9.69 billion shares changed hands in U.S. exchanges, compared with the 10.39 billion daily average over the last 20 ...

The derivatives market of the NSE had 7 contracts valued at Kes 190,500 concluded in today’s trading session. This was ...

The Japanese yen traded at 105.50 per dollar after strengthening from levels above 105.6 against the greenback yesterday. The Australian dollar changed hands at ...

the Dow Jones Industrial Average was up 309.55 points, or 1.15%, at 27,138.02, the S&P 500 was up 18.13 points, ...

Telkom Kenya last month launched loon, 4G enabling balloons in partnership with American tech giant, Alphabet, which it hopes will ...

The derivatives market of the NSE had 19 contracts valued at Kes 500,280 concluded in today’s trading session. This was ...

The Japanese yen traded at 105.56 per dollar after touching levels around 106.4 earlier in the trading week. The Australian dollar changed hands at ...

The S&P 500 posted 26 new 52-week highs and no new lows; the Nasdaq Composite recorded 129 new highs and ...

he derivatives market of the NSE had 4 contracts valued at Kes 109,000 concluded in today’s trading session. This was ...

The Japanese yen traded at 106.08 per dollar after weakening from levels around 105.6 against the greenback yesterday. The Australian ...

Albert Sigei, CEO CIMERWA Plc, explained that this will be an opportunity for investors to gain exposure into the attractive ...

The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 164 new highs and ...

The derivatives market of the NSE had 8 contracts valued at Kes 219,800 concluded in today’s trading session. This was ...

Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.64% to $43.24 ...

The Derivatives Market of the NSE closed the week with a total of 9 contracts valued at Kes.255,500 concluded on ...

Investors were braced for a record RMB 1.36 trillion of restricted shares scheduled to be unlocked and available for trading ...

For the week, the S&P gained 1.73%, the Dow shed 0.15% and the Nasdaq climbed 3.69%. For the month, the ...