Trading Room Reporter

NSE Nairobi Securities Exchange

Market Report; February 01, 2022

Car and General Plc saw its shares decline by 8.89% during Tuesday’s trading session on the Nairobi Securities Exchange (NSE). Volumes on the stock however remained low, with only 600 shares traded on the counter.

Market Report; January 26, 2022

Trading on the secondary bond market of the NSE posted an increase in activity, compared to Tuesday’s trading, with bonds valued at Kes 3.48 billion transacted in 98 deals.

Global Markets Asia

Asian Markets Extend Decline, Japan’s Nikkei Drops 1.79%

Asia-Pacific markets traded mostly lower on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from two key central banks. Japan’s Nikkei 225 fell 1.79% in Asia to close at 28,545.68, while the Topix index was down 1.42% to 1,984.47. Chinese mainland shares also tumbled, with the Shanghai Composite falling 1.16% …

Asian Markets Extend Decline, Japan’s Nikkei Drops 1.79% Read More »

Asia trader

Asian Markets Broadly Decline; ASX 200 Subindex Plunges 1.49%

Asia-Pacific markets declined on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to key inflation data in the U.S. Japan’s Nikkei 225 extended losses from the previous session and was down 0.67%. The Topix index traded 0.53% lower. In South Korea, the Kospi fell 0.61% while the Kosdaq was down …

Asian Markets Broadly Decline; ASX 200 Subindex Plunges 1.49% Read More »

NSE Nairobi Securities Exchange

Market Report; 08 December 2021

Compared with the previous Nairobi Securities Exchange (NSE) trading day, today’s data shows a 40% decline in volume, a 44% decline in turnover, and an 18% decline in deals.

Brent Crude Oil price wti

Oil Reverses Gains as Prices Dip 0.3% on GlaxoSmithkline Vaccine Optimism

Oil prices edged lower on Wednesday, reversing gains from earlier the week, as investors tried to assess the full impact of the omicron coronavirus variant on global fuel demand and the effectiveness of existing vaccines. Brent crude futures dropped 25 cents, or 0.3%, to $75.19 a barrel at 0129 GMT, after settling 3.2% higher on Tuesday. U.S. West …

Oil Reverses Gains as Prices Dip 0.3% on GlaxoSmithkline Vaccine Optimism Read More »

NSE Nairobi

Market Report; 06 December 2021

Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) was higher compared to Friday’s trading, with bonds valued at Kes 2.18 billion transacted in 63 deals

Asian Stock

Asia – Pacific Markets Mixed; Trading on Razer Halted in Hong Kong Ahead of M&A Announcement.

Shares in Asia-Pacific were mixed on Friday as investors monitored stocks of Apple suppliers after the tech giant’s revenue miss. Mainland Chinese stocks closed higher as the Shanghai composite advanced 0.82% to 3,547.34 and the Shenzhen component gained 1.45% to 14,451.38. Hong Kong’s Hang Seng index shed 0.8%, as of its final hour of trading. Trading in the Hong Kong-listed …

Asia – Pacific Markets Mixed; Trading on Razer Halted in Hong Kong Ahead of M&A Announcement. Read More »

Wall street Dow

Wall Street Closes Higher Backed by Growing Optimism Over U.S. Debt-Ceiling Deal

Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default. Top U.S. Senate Republican Mitch McConnell said his party would support an extension of the federal debt ceiling into December. This would head off a historic default that would …

Wall Street Closes Higher Backed by Growing Optimism Over U.S. Debt-Ceiling Deal Read More »

Wall Street Dow Nasdaq

Wall Street Rebounds 1% Backed by Wednesday’s Fed Stance on Tapering

U.S. stocks on wall Street gained more than 1% on Thursday as investors appeared relieved about the Federal Reserve’s stance on tapering stimulus and raising interest rates. Upbeat outlooks from Accenture and Salesforce helped to bolster the market, while the U.S. Food and Drug Administration late Wednesday authorized a booster dose of the Pfizer-BioNTech COVID-19 …

Wall Street Rebounds 1% Backed by Wednesday’s Fed Stance on Tapering Read More »

Wall Street Nasdaq S&P 500

Wall Street Mixed as Investors Uneasy Over Slow Economic Rebound in 2021.

Benchmark index of wall street, the S&P 500 closed lower on Tuesday while the Nasdaq edged up to a record high, as investors balanced worries about the slowing pace of economic recovery with expectations that the Federal Reserve will maintain its accommodative monetary policy. Amgen Inc fell 2.1% during trading on wall street and Merck …

Wall Street Mixed as Investors Uneasy Over Slow Economic Rebound in 2021. Read More »

Global Markets Wall Street

Wall Street Posts Gains, Energy Stocks Lead with a 2.5% Jump & Job Claims Data Released

Wall Street benchmarks, the S&P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions. The energy sector rose 2.5%, reversing much of the loss suffered during the …

Wall Street Posts Gains, Energy Stocks Lead with a 2.5% Jump & Job Claims Data Released Read More »

Global Markets

Global Markets Weekly Review: Week 34, 2021

Global market headlines swung squarely to Fed policy and geopolitical uncertainties last week, while swings in the stock market remained narrow, continuing August’s tranquil trend. United States Stocks gained as full Food and Drug Administration (FDA) approval of the Pfizer-BioNTech COVID-19 vaccine supported sentiment toward an ongoing economic recovery. The tech-heavy Nasdaq Composite index outperformed …

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Wall Street Nasdaq S&P 500

Wall Street’s S&P 500, Nasdaq Nab All-time Closing Highs as Powell Soothes Taper Fears

Wall Street rallied on Friday, pushing the S&P and the Nasdaq to record closing highs for the fourth time this week, as U.S. Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent investors into the weekend in a buying mood. All three indexes posted weekly …

Wall Street’s S&P 500, Nasdaq Nab All-time Closing Highs as Powell Soothes Taper Fears Read More »

Wall Street

Wall Street Rallies as S&P 500, Nasdaq Record Closing Highs

Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&P 500 and the Nasdaq to record closing highs as investors look to the upcoming Jackson Hole Symposium for assurances that Federal Reserve’s timeline for policy tightening remains intact. With few negative catalysts to sour the risk-on sentiment, all three …

Wall Street Rallies as S&P 500, Nasdaq Record Closing Highs Read More »

Asia Trader

Asian Markets Gain Following Pfizer/BioNTech’s Covid-19 vaccine FDA Approval

Shares in Asia-Pacific rose in Tuesday trade, with Hong Kong stocks leading gains among the region’s major markets. That came after the tech-heavy Nasdaq Composite jumped to a record closing high overnight following the U.S. Food and Drug Administration’s full approval of Pfizer and BioNTech’s Covid-19 vaccine. Hong Kong’s Hang Seng index closed 2.46% higher at 25,727.92, with …

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