Month: September 2020

“We are keen to enter these key East African markets with substantial market share at the outset and JHL is ...

There was 1 contract valued at kes 39,000 concluded on the derivative market of the NSE.

“NPL increases were noted in the real estate, personal, transport and communication sectors due to subdued business environment,” Dr. Njoroge ...

Volume on U.S. exchanges was 8.31 billion shares, compared with the 9.99 billion average over the last 20 trading days.

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

The National Treasury has also been directed to expedite the roll-out of the credit guarantee scheme for MSMEs in partnership ...

Volume on U.S. exchanges was 8.74 billion shares, compared with the 10.05 billion average over the last 20 trading days.

The derivatives market of the NSE recorded quite a decrease in volume but an increase in turnover today with 1 ...

Mr Muthomi adds the effort earned Kenya avocados the highest foreign exchange for the period ever and has opened new ...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.72% to $41.62 per ...

In Riyadh, Arabian Centres gains as much as 2.5% after it announced the opening of an extension of a mall ...

The secondary trading on the bond market saw a decline in activity with bonds valued at Kes.12.0 billion billion achieved ...

Stocks in Brazil, as measured by the Bovespa Index, returned about -1.4%. During the week, Brazil reported a solid current ...

Zambia said it will however pay its bondholders $0.50 per $1,000 in bond principal they hold if the debt  suspension ...

Investors started buying beaten-down shares after the Nasdaq confirmed a corrective phase earlier this month and the S&P 500 on ...

The derivatives market of the NSE recorded an increase in activity today with 9 contracts valued at kes 290,250 as ...

Fourfront will be required to provide periodic reports to the Authority on the implementation of its test plans, the achievements ...

The Dow Jones Industrial Average closed up 52.31 points, or 0.20%, to 26,815.44. The S&P 500 gained 9.67 points, or ...

There were 4 contracts valued at kes 126,000 concluded in today’s trading session on the derivatives market of the NSE.

The Japanese yen traded at 105.43 per dollar after weakening from levels around 105 yesterday. The Australian dollar was at ...

The S&P 500 posted three new 52-week highs and one new low; the Nasdaq Composite recorded 34 new highs and ...

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

Stocks in Asia-Pacific were mixed in Wednesday trade as investors react to recent comments from Federal Reserve Chairman Jerome Powell. ...

Oracle Corp slipped 0.3% following a report by a state-backed Chinese newspaper that Beijing was unlikely to approve a proposed ...

There were 6 contracts valued at kes 179,900 concluded in today’s trading session on the derivatives market of the NSE.

The revenue increased to  to Kes 79 billion from Kes 69 billion in the same period last year.

The Hang Seng index in Hong Kong slipped about 1%, as of its final hour of trading. HSBC saw its ...

Nikola Corp plunged 19.3 per cent after its founder, Trevor Milton, stepped down as executive chairman following a public squabble ...

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

HSBC now risks being caught in deepening turmoil after a swirl of trouble over the past year amid political unrest ...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 1.27% to $42.60 per ...

This improved performance is expected to impact the entire value chain positively, with renewed economic activities

The Derivatives Market of the NSE closed the week on a high note, with September contracts expiring on Thursday, a ...

Brazilian stocks, as measured by the Bovespa Index, were little changed for the week. On Wednesday, Brazil’s central bank decided ...

The S&P index recorded 10 new 52-week highs and no new low, while the Nasdaq recorded 54 new highs and ...

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

The U.S. dollar index, which tracks the greenback against a basket of its peers, sat at 92.931 after falling from ...

At least a third of Tullow Kenya workforce across all levels and cadres are expected to leave the company, the ...

The S&P 500 posted 9 new 52-week highs and no new lows; the Nasdaq Composite recorded 38 new highs and ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 123,648,800 shares in 1,074 ...

To reduce post-harvest losses, the government is refurbishing 11 warehouses in targeted counties.

Oil prices rose for a second day, up more than 2%, as Hurricane Sally closed U.S. offshore production and an ...

The derivatives market of the NSE had 21 contracts valued at kes 565,850 concluded in today’s trading session, this was quite ...

Kenya Airways resumed international passenger service on August 1 with flights to Britain and Ethiopia while domestic service restarted on ...

Oil prices were higher in the afternoon of Asian trading hours, as international benchmark Brent crude futures gained 1.9% to ...

Spot gold was up 0.1% to $1,957.45 per ounce by 0255 GMT. U.S. gold futures were steady at $1,966.20.

Advancing issues outnumbered declining ones on the NYSE by a 1.92-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored advancers.

Huawei Kenya Chief Executive Officer Will Meng expects the partnership to further boost conviniency in delivery of financial services following ...

The derivatives market of the NSE had 2 contracts valued at kes 74,100 concluded in today’s trading session, this was lower ...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.3% to $39.49 per ...

However, external valuations for real estate investments will be performed by an independent registered property valuer at least once every three ...

The Dow Jones Industrial Average rose 327.69 points, or 1.18%, to 27,993.33, the S&P 500 gained 42.57 points, or 1.27%, ...

The derivatives market of the NSE had 4 contracts valued at Kes 121,000 concluded in today's trading session

Shelter Afrique expects fresh equity injection from Member Countries via country IDA allocation, direct lines of credit from the World ...

The Japanese yen traded at 106 against the greenback, following an earlier low of 106.19 per dollar.

Despite the difficult times there has been hope for better results.

The price of one ounce of gold was $1,946.50 by market close, down from $1,949.50 at the previous close, according ...

The NSE has shown resilience and the moderate activity in prices is likely to continue with investors playing defensive. 

The S&P 500 posted 5 new 52-week highs and 1 new low; the Nasdaq Composite recorded 25 new highs and ...

The National Treasury expects the Kenyan economy to grow by just 2.5 percent due to COVID-19 induced economic slowdowns.

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

African Diaspora Asset Managers Limited Chief Executive Officer Mr. Runyah Lewa noted that his firm is interested in collective investment ...

Oil prices were mixed in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.15% to $40.00 per ...

In her new role, Eva is expected to develop and implement Visa’s growth strategy in Kenya. She is also tasked ...

Declining issues outnumbered advancing ones on the NYSE by a 2.14-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favoured decliners.

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

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.61% to $40.54 per ...

A purely digital currency would distribute money directly from central banks and federal reserves to consumers without depending on commercial ...

Analysts also said the Nasdaq's ability to hold its 50-day moving average, a technical support level, was key in reversing ...

The derivatives market of the NSE had 4 contracts valued at kes 131,200 concluded in today’s trading session, this was against ...

In a report issued on Tuesday 08, september the company said that the trips taken in the electric cars will ...

The Japanese yen traded at 105.93 per dollar after an earlier high of 105.76 against the greenback. The Australian dollar changed hands at $0.7225 ...

Shares of Facebook Inc, Amazon.com Inc, Apple Inc, Netflix Inc and Google-parent Alphabet Inc — commonly known as the “FAANG” ...

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

Mainland Chinese stocks edged higher on the day, as the Shanghai composite added 0.72% to about 3,316.42 while the Shenzhen component was fractionally higher ...

Tuskys has lost significant clout to rivals Naivas and newcomer Quickmart which has been on an expansion spree countrywide.

The dollar index rose 0.2% against its rivals, making gold more expensive for holders of other currencies

The derivatives market of the NSE had 1 contract valued at kes 29,000 in today’s trading session. 

Mr. Hansen will be based in Nairobi, Kenya.He succeeds Carlos Felipe Jaramillo who was appointed as the Vice President for ...

Mainland Chinese stocks led losses among the region’s major markets on the day, with the Shanghai composite down 1.87% to about 3,292.59 ...

Chilean stocks, as measured by the IPSA Index, posted modest losses for the week as of Friday afternoon.

The recent stability in the global markets also provided the much needed market confidence in boosting market liquidity relatively, with ...

On U.S. exchanges 11.31 billion shares changed hands compared with the 9.29 billion average tor the last 20 sessions.

Nation Media Group has launched its digital brand, Nation.Africa, aiming at expanding it's large online presence, taking to advantage the ...

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

Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.39% to $44.24 per ...

Geopolitical concerns will continue to support the longer-term need for gold, but possibly not at these levels.

About 11.98 billion shares changed hands in U.S. exchanges, compared with the 9.22 billion daily average over the last 20 ...

The derivatives market of the NSE had 7 contracts valued at Kes 249,800 concluded in today’s trading session

Kenya was ranked 115 out of 152 countries in the industrial index

The Japanese yen traded at 106.24 per dollar after weakening from levels around 106 against the greenback yesterday

U.S. crude settled down 2.92% at $41.51 per barrel and Brent was at $44.43, down 2.52% on the day.

The derivatives market of the NSE had 7 contracts valued at Kes 249,800 concluded in today’s trading session

Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.86% to $45.97 per ...

Overall UAP Holdings saw a double digit increase in gross written premiums at 11% driven by core short-term insurance businesses, ...

the Dow Jones Industrial Average was up 4.16 points, or 0.01 percent, at 28,434.21 and the S&P 500 was up ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 9,394,800 shares in 1,056 ...

KenGen has declared a dividend and also announced that Rebecca Miano will be in the firm for 3 more years

The board noted that the environment remains challenging due to the uncertainty of the COVID-19 related impacts as well as ...

Motor vehicle dealer Isuzu East Africa chief executive Rita Kavashe has been appointed as the board chairperson cigarette manufacturer BAT ...