Month: December 2020

There were no contracts concluded during today’s trading session on the derivatives market.

The Authority will continue engaging issuers, stakeholders and partners to build on the progress made while ensuring that the governance ...

Mainland Chinese stocks surged on the day: the Shanghai composite climbed 1.72% to 3,473.07 while the Shenzhen component gained 1.895% to 14,470.68. The Hang Seng ...

Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a ...

Volume on US exchanges was 9.57 billion shares, compared with the 10.93 billion average for the full session over the ...

The world's most popular cryptocurrency was last up 2.3 percent at $28,012.

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

China’s 2019 GDP growth was revised downward to 6.0%, according to a statement released Wednesday by the country’s National Bureau ...

Intel Corp jumped after Reuters reported activist hedge fund Third Point LLC is pushing the chipmaker to explore strategic options, ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 5,381,200 shares in 710 ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.69% to ...

In a sudden reversal late on Sunday, Trump backed down from his threat to block the hard-fought bill, restoring unemployment ...

The derivatives market of the Nairobi Securities Exchange had 5 single stocks futures contracts valued at Kes 46,000 concluded. This ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.093 after declining from levels ...

The NSE 20 and the NSE25 share indices have shed up-to 30.7% and 18.44% respectively in year to date performance.

Russian stocks declined early in the week amid worsening sentiment toward riskier asset classes and on news that the U.S. ...

The move came after President Donald Trump slammed the $900 billion bill, calling it an unsuitable “disgrace” because it calls for $600 ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 13,123,900 shares in 625 ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.29% to $51.35 per ...

Brent crude futures dropped 0.6 percent to $49.78 a barrel and US crude futures fell 0.74 percent to $46.68. Gold ...

The derivatives market of the Nairobi Securities Exchange had 15 single stocks futures contracts valued at Kes 168,875 concluded.

Equity has accelerated its technology capability to deliver self-service banking across its markets through mobile banking, Agency banking as well ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 90.445 following an ...

“The price cuts are permanent, effective from January 1, 2021 and will enable more than 26.8 million customers to continue ...

The S&P index recorded 19 new 52-week highs and no new lows, while the Nasdaq recorded 278 new highs and ...

The Derivatives Market had 5 contracts worth Kes.185,000 transacted in today’s trading session. Five KCB contracts worth Kes.185,000 expiring in ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.224 after seeing an ...

The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 182 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 5 single stocks futures contracts valued at Kes 46,050 transacted.

Oil prices fell in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 3.23% to $50.57 ...

The derivatives market of the NSE posted a moderate growth in activity, with 168 contracts valued at Kes.3.5 million concluded

Global markets edged higher last week, with all major benchmark global indices hitting fresh all-time highs. Fiscal-stimulus optimism in the ...

The Dow Jones Industrial Average fell 124.32 points, or 0.41%, to 30,179.05, the S&P 500 lost 13.07 points, or 0.35%, ...

Mr. Ngugi said the Company will also intensify the use of Live–Line technology for planned maintenance programmes for enhanced customer ...

The derivatives market of the Nairobi Securities Exchange had 15 single stocks futures contracts valued at Kes 167,850 transacted

The U.S. dollar index, which tracks the greenback against a basket of its peers, last traded at 89.945 after weakening ...

The platform will enable unlisted commercial banks, cooperative societies and private companies access the benefits of an efficient over the ...

Advancing issues outnumbered declining ones on the NYSE by a 1.94-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored advancers

Secondary bond market on the Nairobi Securities Exchange posted a decline in activity during Thursday's session with bonds worth Kes ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 1.23% to ...

Southwest Airlines Co fell 1.5% after flagging a higher cash burn in the fourth quarter, as well as increased trip ...

The derivatives market of the Nairobi Securities Exchange had 21 single stocks futures contracts valued at Kes 496,500 transacted

The Japanese yen traded at 103.40 per dollar, having seen levels around 104.1 against the greenback yesterday. The Australian dollar was at $0.7565 after ...

FDI contributed 62,876 jobs in Uganda accounting for (18.2%) of total jobs created, while FDI into Tanzania created 46,765 jobs ...

Volume on U.S. exchanges was 10 billion shares, compared with the 11.5 billion average for the full session over the ...

The derivatives market of the Nairobi Securities Exchange had 20 single stocks futures contracts valued at Kes 304,100 transacted.

The Japanese yen traded at 104.05 per dollar after seeing levels below 103.8 against the greenback yesterday. The Australian dollar changed hands at $0.7526 ...

Electric-car maker Tesla Inc rallied almost 5% as anticipation of its addition to the S&P 500 benchmark next week offset ...

The derivatives market of the Nairobi Securities Exchange had 21 single stocks futures contracts valued at Kes 412,150 transacted.

BOC Holdings supports the intended offer and has issued an irrevocable undertaking to sell its 65.38%stake in BOC Kenya.

shares in Australia edged higher, with the S&P/ASX 200 up around 0.5%. MSCI’s broadest index of Asia-Pacific shares outside Japan ...

The Derivatives Market of the Nairobi Securities Exchange closed the week higher, with a total of 117 contracts valued at ...

Stocks in Brazil, as measured by the Bovespa Index, returned about 1.2%. Early in the week, Brazil reported that inflation ...

The Global Forum Secretariat provided technical assistance in 2020 to 59 developing country members, including training to thousands of officials, ...

Volume on U.S. exchanges was 9.92 billion shares, compared with the 11.48 billion average for the full session over the ...

The secondary bond market on the Nairobi Securities Exchange posted growth in activity during Friday's session with bonds worth Kes ...

Oil prices rose during Asia trading hours on Friday: U.S. crude futures were up 0.73% at $47.12 a barrel. Global benchmark Brent rose 0.72% ...

Musungu was previously the general manager for GlaxoSmithKline Kenya and East Africa Business.

equities moved well off lows that saw the S&P 500 down as much as 0.75% after U.S. Treasury Secretary Steven ...

The derivatives market of the Nairobi Securities Exchange had 11 single stocks futures contracts valued at Kes 298,150 transacted.

The facility will also have a Liquefied Petroleum Gas (LPG) line which is anticipated to stabilize the nation’s supply of ...

The U.S. dollar index, which measures the greenback against a basket of its peers, traded near flat at 91.058.

Drugmaker Eli Lilly climbed 5.83% after flagging positive data from a late-stage clinical trial for its experimental drug designed to ...

The derivatives market of the Nairobi Securities Exchange had 4 single stocks futures contracts valued at Kes 130,000 transacted

The two leaders will now head to Lamu County to assess the progress of the Lamu Port South Sudan Ethiopia ...

The Japanese yen changed hands at 104.20 per dollar, staying relatively flat. Elsewhere, the Australian dollar ticked up 0.47% to $0.7446.

I&M will be joining the likes of DTB, Equity and KCB Group which have presence in the country.

The S&P 500 posted 48 new 52-week highs and no new lows; the Nasdaq Composite recorded 223 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 46 single stocks futures contracts valued at Kes 1.24 million transacted.

In addition to providing immediate relief and recovery support, the platform will lay the foundation for a green and inclusive ...

Elsewhere, the Japanese yen changed hands at 104.10 per dollar, weakening from an earlier level around 103.94, while the Australian dollar fell 0.18% to ...

Large cap growth stocks, which had underperformed value stocks in recent weeks as investors looked to names likely to benefit ...

Trading on the secondary bond market at the NSE recorded a stable rise in activity with bonds worth Kes 1.73 ...

In the currency market, the U.S. dollar traded at 90.851 as of 3:34 p.m. HK/SIN against a basket of its ...

The lifting of NBV pushed the share to a high of Kes 4.30, a 505.63% gain in price from the ...

Turkish stocks, as measured by the BIST-100 Index, returned about 0.2%. Shares fell sharply on Monday but rebounded over the ...

Octagon Afya Plus also provides members with an avenue to invest and save or transfer up to 10% of their retirement ...

The S&P 500 posted 50 new 52-week highs and no new lows; the Nasdaq Composite recorded 222 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 4 Safaricom single stock futures contracts valued at Kes 130,000 concluded ...

Beginning  1st  January 2021, the Corporate Tax rate will revert to 30% from the current 25%, same as Individual Income tax ...

The Japanese yen traded at 103.86 per dollar after strengthening sharply yesterday from levels above 104 against the greenback. The Australian dollar changed hands ...

During the 10 month period, Uganda was the leading source market with 60,399 arrivals, USA 53,444, Tanzania 43,649, the UK ...

The S&P 500 posted 34 new 52-week highs and no new lows; the Nasdaq Composite recorded 174 new highs and ...

It is still not known how many customers were been impacted in South Africa and also if any other country ...

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

Oil prices dipped in the afternoon of Asia trading hours, with international benchmark Brent crude futures fractionally lower at $48.21 per barrel. U.S. ...

The S&P 500 posted 18 new 52-week highs and no new lows; the Nasdaq Composite recorded 89 new highs and ...

There was one Safaricom contract expiring on 17th December, 2020, concluded during today's trading session on the derivatives segment of ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.149 following a decline ...

While the Kenya firm produces and supplies industrial, medical, and special gases, CIL’s main operating subsidiary Carbacid (CO2) Limited is ...

The S&P 500 posted 48 new 52-week highs and no new lows; the Nasdaq Composite recorded 185 new highs and ...

Equity Bank has been awarded the Best Regional Bank in East Africa, and for the second year running, the Africa ...

The derivatives market of the Nairobi Securities Exchange had one Safaricom contract expiring on 17th December concluded during today's trading ...

The transport index decreased by 0.15%, as the government relaxed travel and curfew restrictions which saw transport activities improve in ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.757 after seeing an ...

The RBA also flagged it would continue its unconventional monetary policy measures that included a term funding facility that is ...

The S&P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 167 new highs and ...