Month: March 2021

At the end of today's trading session on the Nairobi Securities Exchange A total of 22,981,300 shares in 1,192 deals, ...

Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March. In Japan, the Nikkei ...

Kenya has sought the Debt Service Suspension Initiative (DSSI) extension to June 2022, a one-year extension from the earlier granted ...

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with ...

Stocks on Wall Street ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 29,487,800 shares in 1,269 deals, ...

Shares in Asia-Pacific were mixed on Tuesday as investors watched the movement in shares of Japanese financial services firm Nomura ...

NCBA’s full-year net profit for the year 2020 nosedived by 42% to Kes4.6 billion as the bank ramped up its ...

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has ...

Shares of Morgan Stanley were down 2.5% on Wall Street after the Financial Times reported it had also sold billions ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 16,754,100 shares in ...

Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday. The Nikkei 225 ...

Equity Group Plc registered a 51% growth in its balance sheet with total assets growing to Kes 1.015 billion during ...

Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when ...

The benchmark NSE All Share Index (NASI) closed the week at 166.48, representing a 1-week loss of 0.28%, a 4-week ...

Global markets rose during the week all through to Friday while safe havens such as the dollar and U.S. Treasuries ...

Sanlam Kenya Plc has posted a Kes 43 million pretax profit in its just-released full-year 2020 trading results, a 92% ...

The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 10,003,200 shares in ...

Asian markets opened higher on Friday after U.S. equities rose as investors weighed the outlook for economic growth and inflation ...

Diamond Trust Bank’s (DTB) net profit for the year that ended on 31st December 2020 dipped by 51% to Kes3.5 ...

Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could ...

An end-of-quarter rebalancing of investment portfolios by institutional investors added to another mostly seesaw session in which the major Wall ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 13,353,900 shares in 948 deals, ...

Standard Chartered Bank Kenya has posted a 34% decline in its full-year net profit for the year that ended on ...

Shares in major Asia-Pacific markets were mixed on Thursday, though tech stocks in the region took a hit following a ...

Bitcoin (BTC) declined on Thursday, as the rally recorded yesterday when Elon Musk announced that the company would start accepting ...

Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug ...

On Wall Street, the Dow Jones Industrial Average fell 3.09 points, or 0.01%, to 32,420.06. The S&P 500 lost 21.38 ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 17,584,300 shares in 1,053 deals, ...

WPP Scangroup’s founder and long-serving chief executive, Bharat Thakrar, has resigned from his position as company's chief executive officer. Mr ...

Absa Bank Kenya PLC posted a normalised profit after tax for the period ended December 2020 of Kes 6.5 billion ...

Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong ...

Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow ...

The Central Bank of Kenya (CBK) on Tuesday announced the extension of the loan repayment measures put in place for ...

The benchmark wall street's S&P 500 and the blue-chip Dow have rallied about 80% from their pandemic lows of a ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 26,082,100 shares in 945 deals, ...

Umeme Limited, the largest electricity distributor in Uganda, has recorded a sharp decline in net profit after a challenging financial ...

Shares in major Asia-Pacific markets slipped on Tuesday, weighed by Chinese markets as investors took profit on a recent rally ...

Bitcoin (BTC) was trading around $54,680 as of 12:50 UTC (8:50 p.m. ET), after falling late Monday to around $53,715, the ...

Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts ...

Wall Street rallied as technology stocks rebounded. Tesla jumped after a fund run by an influential investor in the electric-car ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 15,371,200 shares in ...

Asian shares were mixed Monday as the U.S. Federal Reserve’s announcement shook sentiment that it would end some emergency measures put ...

Britam Holdings is looking forward to sell part of its 48.2 % stake in mortgage financier HF Group  to one ...

Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. ...

Central Bank of Nigeria has said the country’s citizens were free to use bitcoin and other cryptocurrencies and that all ...

Concerns that developments in Turkey would threaten gold financial markets strengthened the dollar, making gold expensive for non-U.S. investors.

The benchmark all share index of the Nairobi Securities Exchange gained by 3% during the week to close the week ...

Major Global market indices continued their gaining streak this week, with some touching record highs early in the week, some ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 11,250,000 shares in ...

KCB Group, East Africa's largest commercial bank, expects the proportion of loans it restructured last year to fall by half ...

Asia-Pacific markets mostly fell Friday as investor sentiment turned cautious, following an overnight selloff stateside. Australian shares traded lower, with ...

Kakuzi Plc, a Kenyan agricultural listed at both the Nairobi Securities Exchange(NSE) and the London Stock Exchange, has reported a ...

Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a ...

The Co-operative Bank of Kenya Group 2020 full year net profit declined by 23.8% to stand at Kes. 10.9 billion ...

Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries ...

Bitcoin's price spiralled on Wednesday as the cryptocurrency continues to receive support from investors amidst the Feds Reserve decision to ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,092,200 shares in 845 deals, ...

Asia-Pacific markets broadly advanced Thursday as investors cheered after the U.S. Federal Reserve’s policymaking committee overnight voted to keep short-term ...

Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase ...

KCB Group Plc has posted a net profit of Kes.19.6 billion for the financial year ended 31st December 2020. This ...

Visa Inc, a multinational financial services corporation, is planning to enter the cryptocurrency business to capture the business opportunity of ...

It was the first time the Dow closed above 33,000 points after the Federal Reserve issued a report that they ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 8,686,700 shares in 772 deals, ...

In FY20, Safaricom paid Kes98 billion in duties and taxes, in addition to Kes 20 billion in dividends to the ...

Asia-Pacific markets traded mixed on Wednesday as investors wait for the outcome of the U.S. Federal Reserve’s two-day policy meeting later in ...

Oil prices climbed on Wednesday as investors weighed a recovery in U.S. refinery activity as industry data showed U.S. crude ...

The Capital Markets Authority (CMA) has set a July 1 deadline for coffee brokers to get new licences under rules ...

KCB Group, the country’s largest and most profitable lender, has secured a US$ 150 Million credit facility to enable it ...

Wall Street’s S&P 500 index ended lower on Tuesday and a gauge of global equities was close to flat as ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 18,283,800 shares in 947 deals, ...

Kenyan households are set for tough times as electricity bills are expected to rise in the March 2021 review. Electricity ...

Asia-Pacific markets mostly edged higher Tuesday following a relatively subdued start to the global trading week as investors look ahead ...

Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States ...

Bitcoin extended it's decline on Tuesday as a rally that took it past $61,000 over the weekend unwounded, reminding investors ...

Henry Rithaa, CEO of Micro and Small Enterprises Authority, the organization wants to achieve 5 million jobs through various sectors. ...

The S&P 500 and Dow Jones Industrial Average closed at a record highs on Monday, as investors eyed an economic ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 12,335,800 shares in ...

Oil prices rose Monday during Asian trading hours on the back of growing optimism around demand recovery. On the supply ...

Super Petrol prices rose by Kes 7.63 to retail at Kes 122.81 per litre following the latest Energy and Petroleum ...

Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major ...

Bitcoin, however, has more than doubled in 2021, following high-profile endorsements this year from the likes of Tesla's Elon Musk, Twitter's ...

Liberty Holdings Plc was the week's top gainer on the NSE, adding 19.06% in shareholder returns to close the week ...

Global markets touched new highs last week as optimism over the global economic recovery continued to fuel market rallies. A ...

The latest rally of Bitcoin up at $60,000 lifts bitcoin’s market cap to $1.12 trillion, not so far below the ...

The Dow Jones Industrial Average rose 293.05 points, or 0.9%, to close at 32,778.64 and the S&P 500 gained 4 ...

The derivatives market of the Nairobi Securities Exchange recorded a marginal rise in activity during today’s trading session, with 2 single ...

In Asia, the Hang Seng Index fell 2.2 per cent, upending a three-day rally while benchmarks in mainland markets fluctuate ...

Brent crude prices eased on Friday but hovered near $70 a barrel as production cuts by major oil producers constrained ...

Gold prices inched up on Friday and were on course to mark their best week in seven, as easing U.S. ...

Rolls Royce remained optimistic that it would start to generate cash in the second half of 2021, indicating that it ...

Wall Street major indices, the S&P 500 and the Dow closed at all-time highs on Thursday as worries about rising ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 16,376,700 shares in 773 deals, ...

Asia-Pacific markets traded broadly higher Thursday, following a relatively strong finish on Wall Street overnight after U.S. lawmakers passed a $1.9 ...

Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although ...

Bitcoin, the world's largest cryptocurrency by market capitalization, has gained for a sixth straight day, extending its longest winning streak ...

The Dow Jones Industrial Average rose 464.28 points, or 1.46 percent, to 32,297.02, the S&P 500 gained 23.37 points, or ...

Google has notified all YouTube Content Creators that they will be subject to Withholding tax from their monthly earnings from June 2021. ...

The African Development Bank has been ranked as the world’s Best Multilateral Financial Institution for 2021 by the world-renowned American ...