Market Report; 17 August, 2021
At the end of today's trading session on the Nairobi Securities Exchange A total of 23,432,900 shares in 1,445 deals,...
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...
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...
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...
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...
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...
Major Asia-Pacific markets closed mixed on Wednesday, while shares of China’s most indebted property developer Evergrande and some of its...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 15,436,300 shares in...
East African Breweries Limited (EABL) has posted a profit after tax of Kes 6.96 billion for the period ended 30th...
Oil prices fell on Friday but were on track to post solid gains for the week with demand growing faster than...
The Uganda Securities Exchange (USE) has suspended trading in Uchumi Supermarket shares, citing failure to observe listing obligations. In a...
At the end of today's trading session on the Nairobi Securities Exchange A total of 14,508,200 shares in 1,036 deals,...
Asia-Pacific markets rose after the U.S. Federal Reserve left its benchmark interest rate near zero meanwhile, shares in Hong Kong...
Coffee farm Eaagads Limited has reported a profit before tax of Kes 4.7 million during the financial period ended 31st...
Oil prices slipped but remained near $75 per barrel on Thursday as crude stockpiles in the United States, the world’s top oil consumer,...
At the end of today's trading session on the Nairobi Securities Exchange A total of 9,199,000 shares in 1,014 deals,...
ILAM Fahari I-Reit, a real estate investment trust, has posted a net profit of Kes 42.2 million in the half-year...
Shares in Asia-Pacific were mostly lower on Wednesday, with stocks in Hong Kong seeing a partial bounce back from a...
Sameer Africa Plc has shed 107 jobs and put up an undisclosed property for sale to ease its biting cashflow...
Unga Group PLC is set to exit the baking business for the second time with the sale of Ennsvalley Bakery...
Oil prices climbed on Wednesday after industry data showed U.S. crude and product inventories fell more sharply than expected last week,...
Centum Investment, the giant investment company, has reported a Kes1.37 billion full-year net loss for the period that ended on...
At the end of today's trading session on the Nairobi Securities Exchange A total of 12,202,100 shares in 1,215 deals,...
Hong Kong continued selling off on Tuesday, extending losses from Monday. The broader Asia-Pacific markets, meanwhile, were mixed. The broader Hang Seng...
Kenya’s Capital Markets Authority (CMA) has signed an agreement with the Financial Services Commission (FSC) Mauritius to strengthen compliance in...
Oil prices were steady on Tuesday with investors betting tight supply and rising vaccination rates will help offset any impact on...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 3,929,300 shares in...
Asian markets dropped sharply by the close on Monday, wiping out the Hang Seng index’s gains for 2021 once again...
Vodafone Group Plc has hinted at the possibility of spinning off Mobile Money Service, Mpesa following its huge success, especially...
Oil prices were lower on Monday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods...
At the end of the last weekday of trading on the Nairobi Securities Exchange. A total of 9,550,600 shares in...
Shares in Asia-Pacific were mixed on Friday as investors monitored Chinese tech stocks in Hong Kong after regulatory concerns resurfaced....
Standard Chartered Bank Kenya has appointed technology and innovation expert Nivedita Sharma and banking professional Birju Sanghrajka, to replace Engineer...
Acorn Project (Two) Limited Liability Partnership, the Issuer of the Acorn Medium-Term Green Note (MTN) Programme, closed the final tranche...
Oil prices trimmed overnight gains on Friday but were poised to end the week largely steady after rebounding from a sharp...
At the end of today's trading session on the Nairobi Securities Exchange A total of 7,287,600 shares in 862 deals,...
The International Finance Corporation (IFC) has announced that it invested over $1 billion in the telecoms, media and technology (TMT)...
Shares in Asia-Pacific were higher on Thursday, with markets in Japan closed for a holiday. Hong Kong’s Hang Seng index was among...
BAT Kenya Plc has declared an interim dividend of Kes 3.50 per ordinary share to be paid on 16th September...
Oil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten...
At the end of today's trading session on the Nairobi Securities Exchange A total of 14,724,700 shares in 1,141 deals,...
Shares in Asia-Pacific were mixed on Wednesday trade, following an overnight bounce stateside that saw the Dow Jones Industrial Average...
The price of bitcoin ( BTC) dropped below $30,000 late Monday night for the first time since Jun. 22, dragging...
Oil prices fell on Wednesday after an industry report showed an unexpected build-up in U.S. oil inventories last week, which...
Shares in Asia-Pacific fell on Tuesday following an overnight tumble for stocks on Wall Street that saw the Dow Jones Industrial...
Standard Bank has revealed plans to acquire 100% ownership in financial services firm Liberty Holdings. Standard Bank is Africa’s largest...
Oil prices fell more than $1 a barrel on Monday after the OPEC+ group of producers overcame internal divisions and...
At the end of the last weekday of trading on the Nairobi Securities Exchange. A total of 12,141,300 shares in...
State-run Ethio Telecom, which invited private investors to buy a stake in it over the past few months, reported an...
Shares in Asia-Pacific were mixed on Friday as the Bank of Japan held steady on monetary policy. The Nikkei 225 in Japan...
Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to...
At the end of today's trading session on the Nairobi Securities Exchange A total of 7,174,900 shares in 1,040 deals,...
Relief for Kenyans after the government retained fuel prices at the same levels as last month in the July review....
Shares in Asia-Pacific were mixed on Thursday as China reported its second-quarter gross domestic product (GDP) rose. Mainland Chinese stocks...
The Ethiopian Communications Authority(ECA) has issued the Final License to Safaricom Telecommunications Ethiopia PLC following its incorporation as a local...
Oil prices fell nearly 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top...
At the end of today's trading session on the Nairobi Securities Exchange. A total of 13,331,800 shares in 1,100 deals,...
Shares in Asia-Pacific mostly slipped on Wednesday following a hotter-than-expected U.S. inflation report released overnight. The Shanghai Composite in mainland China fell...
Unaitas Sacco has secured Kes 1 billion funding from Dutch private equity Oikocredit International for onward lending to small and...
Oil prices fell on Wednesday on future demand concerns after data showed that China’s first-half crude imports dropped, but were...
At the end of today's trading session on the Nairobi Securities Exchange A total of 13,213,000 shares in 1,025 deals,...
Square CEO Jack Dorsey has confirmed that the company is looking into building a hardware bitcoin wallet that will give consumers greater...
Shares in Asia-Pacific were higher on Tuesday as investors reacted to China’s trade data for June. Hong Kong’s Hang Seng index led...
The UK, other G7 countries and multilateral partners are set to invest $80 billion in the private sector across Africa....
Oil prices climbed on Tuesday, reversing some of the previous day’s losses, as tight supply and expectations of a further...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 10,374,100 shares in...
Stocks in Asia-Pacific rose on Monday, with shares in Japan and China leading gains regionally. Japan’s Nikkei 225 surged 2.25% to close...
Social media giant TikTok has taken a drastic step toward not only banning cryptocurrency influencers on its platform but all...
Oil prices were lower in early Asian trade on Monday as the dispute in talks among key producers to raise...
At the end of the last weekday of trading on the Nairobi Securities Exchange. A total of 17,825,500 shares in...
Shares in Asia-Pacific fell on Friday as Covid worries resurfaced in the region. South Korea’s Kospi dropped 1.07%% to close at 3,217.95....
Oil prices were mixed on Friday after a boost from a drop in U.S. crude and gasoline inventories but were...
At the end of Thursday's trading session on the Nairobi Securities Exchange. A total of 19,290,800 shares in 1,218 deals,...
Oil prices fell for a third day on Thursday amid anxiety that supply may rise after the collapse of this...
At the end of today's trading session on the Nairobi Securities Exchange A total of 15,587,500 shares in 1,202 deals,...
Uganda has completely separated mobile money services from the regulation of the Uganda Communications Commission to the Bank of Uganda...
Shares in Asia-Pacific were mixed on Wednesday following losses on Wall Street with the S&P 500 ending its seven-day winning...
Diamond Trust Bank (DTK) has announced the appointment of Mr Jeremy Ngunze as the non-executive Director of the Bank with...
Oil prices steadied on Wednesday after a steep drop in the previous session, following the cancellation of talks among OPEC+...
Liquid Technologies Africa's largest fibre company has partnered with Facebook to build an extensive long haul and metro fibre network...
At the end of today's trading session on the Nairobi Securities Exchange A total of 13,078,700 shares in 989 deals,...
Shares in major Asia-Pacific markets struggled for direction on Tuesday as investors reacted to the Australian central bank’s interest rate...
Kenya Electricity Generating Company (KenGen) is set to benefit from its Clean Development Mechanism (CDM) Projects further giving impetus to...
Oil jumped to its highest level in nearly three years after talks between OPEC, and its oil-producing allies were postponed...
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 17,387,700 shares in...
The Kenya Revenue Authority(KRA) tax collection reached an eight-year high of Kes 1.669 Trillion during the financial year 2020/21 compared...
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 17,761,200 shares in...
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