Month: August 2021

At the end of today's trading session on the Nairobi Securities Exchange. A total of 18,564,000 shares in 1,328 deals, ...

Britam Holdings has posted Kes 376.3 million net profit in six months to June, marking a recovery from the  Kes ...

I&M bank booked a 29% rise in its half-year profit to hit Kes 4.25 billion during the six months period ...

Shares in Asia-Pacific were mixed on Tuesday, as data showed slowing Chinese factory activity growth in August. In mainland China, ...

NCBA Bank has posted a 77 % rise in half-year profit to Kes 4.66 billion during the half-year period ended ...

Oil prices fell on Tuesday on concerns that power outages and flooding in Louisiana after Hurricane Ida will cut crude ...

Wall Street benchmark indexes, the S&P 500 and Nasdaq topped their record closes once again on Monday, bolstered by technology ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 8,787,600 shares in ...

Standard Group’s performance for the 6 months period ended 30 June 2021 showed improvement with a 14% revenue increase to ...

Shares in Asia-Pacific mostly rose on Monday trade, with Australian stocks recovering from an earlier slip as Covid cases in ...

Jubilee Holdings has posted a profit before tax of Kes 4.5 billion for the half-year ended June 30, a 150 ...

Oil prices pared early gains on Monday, off more than three-week highs reached earlier in the session as a powerful ...

Bamburi Cement Group has posted a Kes 776 million profit for the half-year ended 30th 2021, a 7.6 % growth ...

Global market headlines swung squarely to Fed policy and geopolitical uncertainties last week, while swings in the stock market remained ...

Wall Street rallied on Friday, pushing the S&P and the Nasdaq to record closing highs for the fourth time this ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 10,713,800 shares in ...

Asia-Pacific markets traded mixed on Friday as investors remained cautious ahead of the Federal Reserve’s annual Jackson Hole symposium where ...

Absa Bank Kenya Plc has reported its financial results for the first six month period ended 30th June 2021, outperforming ...

Oil prices rose on Friday, on track to post big gains for the week, on worries about near term supply disruptions ...

Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 21,730,000 shares in 1,341 deals, ...

Asia-Pacific markets mostly declined on Thursday despite overnight gains on Wall Street, while South Korea became the first major economy ...

Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut ...

Diamond Trust Bank Kenya Ltd (DTK) has reported a 20.1% increase in Profit after tax to Kes 3.2 billion during ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 11,073,100 shares in 1,237 deals, ...

Asia-Pacific stocks were mixed at the close on Wednesday, as optimism continued to drive U.S. stocks, with the S&P 500 ...

Family Bank said it would use the funds to increase its branch network from the current 92 outlets in 37 ...

Oil prices fell on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter ...

Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA’s full approval of a COVID-19 ...

El Salvador has begun the installation of Bitcoin ATMs, which will allow its citizens to convert the cryptocurrency into U.S. ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 7,475,200 shares in 1,174 deals, ...

Shares in Asia-Pacific rose in Tuesday trade, with Hong Kong stocks leading gains among the region’s major markets. That came ...

Standard Chartered Bank Kenya(StanChart) has reported a 50.9 % growth in net profit in the half-year period ended 30th June ...

Oil benchmarks jumped more than 5% on Monday, helped by a weaker U.S. dollar, after marking their biggest week of ...

Wall Street rallied on Monday, and the Nasdaq reached an all-time closing high as sentiment was boosted by full FDA ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of ...

Stocks in Asia-Pacific rose on Monday trade as Hong Kong’s Hang Seng index bounced back after falling into a bear market last ...

Gold prices inched lower on Monday as the dollar held near recent highs, although the losses were limited by growing ...

Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, though lingering ...

U.S Stocks, looked on as the global market's benchmark pulled back for the week but not before the S&P 500 ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of ...

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 0.27% to $66.27 per ...

Oil prices came off three-month lows on Friday but were on track for a weekly decline of around 6% as new ...

The International Monetary Fund (IMF) has said Afghanistan will no longer be able to access the lender’s resources, following the ...

Wall Street's benchmark, the S&P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares ...

At the end of Thursday's trading session on the Nairobi Securities Exchange (NSE). A total of 28,493,200 shares in 1,099 ...

The U.S. dollar index, which tracks the greenback against a basket of its peers in Asia, was at 93.41 after ...

U.S. crude oil inventories fell 3.2 million barrels last week to 435.5 million barrels, their lowest since January 2020, the ...

KCB Group Plc has posted a strong performance in the first half of the year, driven by improved economic activity, ...

Wall Street's main indexes slid on Wednesday, with the S&P 500 falling over 1%, after the release of minutes from ...

TotalEnergies Marketing Kenya, one of the biggest suppliers of Petroleum and Gas products in East Africa, has appointed Mr Eric ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 12,331,800 shares in 1,479 deals, ...

Wednesday’s delay on the Johannesburg Stock Exchange meant investors in Naspers, the biggest shareholder in Tencent, were unable to immediately ...

Shares in Asia were higher on Wednesday, with the Reserve Bank of New Zealand keeping interest rates unchanged despite expectations ...

TotalEnergies Kenya has reported a 50% increase in the half-year profit to Kes 1.7 billion for the period ended 30th ...

Co-operative Bank has reported a net profit of Kes 7.4 billion for the half-year period ended 30th June 2021, a ...

Oil prices steadied on Wednesday after four days of declines with investors still worried about the outlook for fuel demand ...

Wall Street’s main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 23,432,900 shares in 1,445 deals, ...

The Zimbabwe Stock Exchange (ZSE) has announced it is working on further increasing retail participation on the bourse as its ...

Shares in Asia-Pacific declined on Tuesday, with Chinese internet stocks in Hong Kong falling again as regulatory fears resurfaced. By ...

Equity Group Holdings Plc has recorded 98% growth in its profit after tax to Kes 17.9 Billion in H1, 2021 ...

The Kenya Revenue Authority (KRA) has seen its rebound in tax revenue collections continue into the new financial year booking ...

Oil prices rose on Tuesday, recovering from the previous day’s losses, as investors sought bargains and on expectations that major producers ...

The benchmark S&P 500 and the Dow industrials hit record highs on Monday as investors moved into defensive sectors and ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 10,270,600 shares in ...

The Energy and Petroleum regulator(EPRA) has held fuel prices constant in its latest review, the second time in a row ...

Asia-Pacific stocks slipped on Monday as investors reacted to the release of Chinese economic data for July. Retail sales in China rose ...

Oil prices fell more than 1% on Monday, dropping for a third session after official data showed that refining throughput and ...

Limuru Tea recorded total revenue of  Kes 47 million in the period ended 30th June 2021, an 8% decline as ...

Trading on the secondary bond market at the NSE posted a 2.99% decline in activity with Kes.21.99 billion worth of ...

  Global markets were mixed for a second week running, with data indicating that markets from the west were trading ...

The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 24,287,800 shares in ...

Huawei's ranking in the global top 500 enterprises has improved to 44th this year, up from 49th in 2020.  Huawei, ...

Stanbic Holdings has recorded a 34.6 % rise in earnings through the first six months of the year, posting a ...

South Korean and Taiwanese stocks led losses among major Asia-Pacific markets in Friday trade, with shares of firms related to ...

The International Finance Corporation (IFC) has partnered with FMO, a Dutch development bank, to assist small businesses in Kenya by ...

Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products ...

Trading volume has slumped on wall street, typical of August, as a stellar second-quarter earnings season winds down. Investors are ...

The Johannesburg Stock Exchange (JSE) and FTSE Russell have once more partnered to launch a new multi-asset index solution for ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 32,837,300 shares in 966 deals, ...

Xiaomi, the Chinese tech giant, is now set to receive payment from Bitcoin, Ethereum, Tether, and even Dash for the ...

Asia-Pacific stocks were mostly lower by the close on Thursday, as U.S. markets again notched highs after data showed inflation was ...

Kenyans are set to pay more for bottled water, fuel, beer and juice starting October after the Kenya Revenue Authority ...

CIC Insurance has reported a Kes 260 million net profit for the half-year period that ended on 30th June 2021, ...

Oil prices were steady on Thursday following two days of gains after a call from the United States, the world’s ...

Coinbase Global Inc climbed 3.24% on wall street after the cryptocurrency exchange beat market estimates for second-quarter profit, helped by ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 11,895,500 shares in 953 deals, ...

Major Asia-Pacific markets closed mixed on Wednesday, while shares of China’s most indebted property developer Evergrande and some of its ...

If you are planning to visit Ghana in the near future or have recently relocated there, continue reading to find ...

Oil prices on Wednesday consolidated strong overnight gains as a bullish outlook for U.S. fuel demand outweighed concerns about mobility curbs ...

Gold prices edged lower on Wednesday, pressured by a stronger dollar and a rise in bond yields, while investors cautiously ...

Wall Street's Dow Jones Industrial Average rose 162.82 points, or 0.46%, to 35,264.67, the S&P 500 gained 4.4 points, or ...

The derivatives market of the NSE posted flat activity during Tuesday's trading session, with 19 single stock futures contracts valued at ...

Local agri-business firm Kakuzi PLC has announced the appointment of an Independent Human Rights Advisory Committee (IHRAC) to be chaired ...

Shares in Asia-Pacific were mostly higher on Tuesday. Meanwhile, South Korean game developer Krafton plunged in its debut. South Korea’s ...

Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be ...

SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 0.2% to 1,023.54 tons on Monday from ...