West Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of...

A market maker might place a bid for 100 shares near the last sale price and a bid for 1,000...

The Dow Jones Industrial Average fell 730.05 points, or 2.84%, to 25,015.55, the S&P 500 lost 74.71 points, or 2.42%,...

The secondary bond market on the Nairobi Securities Exchange recorded a moderate rise in activity with bonds worth Kes 4.62 Billion achieved...

Kengen has already obtained pre-requisite laboratory approvals from the KenyaBureau of Standards to manufacture the detergent.

The Dow Jones Industrial Average lost 710.16 points, or 2.7%, to 25,445.94. The Nasdaq, which was coming off its second...

The Australian dollar changed hands at $0.6958 after seeing an earlier low of $0.6923.

The S&P 500 posted 25 new 52-week highs and no new lows; the Nasdaq Composite recorded 142 new highs and...

China, the world’s top crude importer, is also expected to slow crude imports in the third quarter, after record purchases...

Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite down fractionally while the Shenzhen component rose 0.168%.

When you go to the market to borrow money, the market is looking at your current and past behavior

The Derivatives market of the NSE had no contracts concluded in today's trading session.

Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand...

Safaricom Plc recorded a 1.48% share price appreciation to Kes.30.90, up from Kes.30.45 registered the previous week with shares worth...

The Dow Jones Industrial Average fell 208.64 points, or 0.8%, to 25,871.46, the S&P 500 lost 17.53 points, or 0.56%,...

Since the Regulatory Sandbox became operational in March 2019, six companies have been admitted to test their innovations and one...

The Dow Jones Industrial Average fell 39.51 points, or 0.15%, to 26,080.1, the S&P 500 gained 1.85 points, or 0.06%,...

Last year, African Alliance announced the closure of its Ugandan brokerage business, citing low market activity

OPEC warned in a monthly report the market would remain in surplus in the second half of 2020 even as...

Bankrupt car rental firm Hertz Global Holdings announced it would suspend its plan to sell $500 million in new shares...

Investors also continued to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after...

Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program...

Oil prices also fell with Brent crude, the international benchmark, down 2.5 per cent to $37.77 a barrel. US marker...

The benchmark NSE All Share Index (NASI) inched up during the week,gaining 2.70 points this week to close at 142.88, this...

The Dow Jones Industrial Average rose 477.37 points, or 1.9%, to 25,605.54, the S&P 500 gained 39.21 points, or 1.31%,...

The secondary bond market on the Nairobi Securities Exchange recorded growth in activity with bonds worth Kes 1.17 Billion achieved in 94 deals...

Oil prices dropped in the morning of Asian trading hours, with international benchmark Brent crude futures down 2.75% to $37.49 per barrel. U.S....

Boeing was the heaviest weight on the Dow, shedding 16.4% after its top supplier Spirit AeroSystems Holdings Inc announced a...

Many companies that pay dividends are strong performers, and they are able to make distributions to investors because they have...

The Dow Jones Industrial Average fell 282.31 points, or 1.04%, to 26,989.99, the S&P 500 lost 17.04 points, or 0.53%,...

Sateesh joined Safaricom PLC as CFO and Executive Director on the board on 1st August 2016 from Vodacom Tanzania Ltd, where...

The Dow Jones Industrial Average fell 300.14 points, or 1.09%, to 27,272.3, the S&P 500 lost 25.21 points, or 0.78%,...

The expected supply surge from Libya has been derailed after armed militants halted output at the nation’s biggest oilfield

The Dow Jones Industrial Average rose 461.46 points, or 1.7%, to 27,572.44, the S&P 500 gained 38.46 points, or 1.20%,...

The partnership will allow Genghis to extend its offering to clients to include a wider range of alternative asset classes...

International benchmark Brent crude futures dipped 0.24% to $42.20 per barrel, while U.S. crude futures shed 0.56% to $39.33 per...

The directors of the company have not issued a dividend recommendation for the period ending 31st Dec 2019.

The KES 20 price per newspaper includes data usage meaning a customer’s data bundle will not be consumed when reading...

The Acting MD said they remain totally focused on managing the company's cost base, affirming that the restructuring will not...

The Group increased its loan loss provision tenfold to Kshs. 3 billion from Kshs. 300 million the previous year leading...

Developments on U.S.-China relations likely continued to be monitored by investors, as tensions between the two economic powerhouses mount.

Cargo tonnage increased from 64,238 tons to 68,264 tons, representing a 6.3 percent growth. Operating costs surged 12.4 percent to...

Standard Chartered Ban had issued a dividend notice of Kes 15.00 per share and was due for payments on the...

This is the time to utilize your emergency fund if you have one. If you don’t have it and instead...

Amazon finished lower on Thursday after touching a record intraday high earlier in the day.

Total non-interest income grew to Kes4.9 billion from Kes4.1 billion while total operating income grew to Kes12.5 billion from Kes11.1...

Oil prices were higher in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.5% to $35.93 per...

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.17% to $34.71...

The move comes less than two weeks after Uber laid off 3,700 employees, or 14 percent of its global workforce. In...

Hong Kong’s Hang Seng index led gains among the region’s major markets, jumping 2.38% in early trade as shares of...

One of the most successful formulas in investing in the past three decades has been `buy the dips.’ Investment advisors...

Oil prices rose in the afternoon of Asian trading hours on expectations of demand pick-up and supply cuts, reaching the...

Equity turnover at the Nairobi Securities Exchange closed the week with a relative growth in value in terms of shares...

Stanbic Bank restructured KSh 2.3 billion of SME loans and saw SMEs get a three-month loan holiday. This was particularly...

In trading in the region on Friday, Japan’s benchmark Topix index fell 0.3 per cent while Hong Kong’s Hang Seng...

The Dow Jones Industrial Average fell 516.81 points, or 2.17%, to 23,247.97, the S&P 500 lost 50.12 points, or 1.75%,...

The Cboe Volatility Index, known as Wall Street’s fear gauge, ended 5.47 points higher at 33.04. It was the biggest...

Hong Kong’s Hang Seng index fell 1.48%, as of its final hour of trading while in Japan, the Nikkei 225 declined 0.12% to close...

Japan's Nikkei added 0.7% and South Korean stocks 0.3%. E-Mini futures for the S&P 500 ESc1 opened soft but bounced...

The Dow Jones Industrial Average rose 455.43 points, or 1.91%, to 24,331.32, the S&P 500 gained 48.61 points, or 1.69%,...

Stocks have rebounded sharply since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus

The Derivatives market had three contracts valued at Kes 119,000 concluded at the end of today’s trading session. This was lower in...

The tech-heavy Nasdaq ended higher, although indexes pulled back late in the session especially after U.S. President Donald Trump said...

The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades...

CIPLA's share price has fallen by more than a half from the Initial Public Offering (IPO) price of Ushs 256.5...

The upturn for stocks came on more optimistic statements from the governors of California and New York for reopening businesses....

The NSE All Share Index closed at 139.69, which represented a 1-week gain of 2.88%, a 4-week gain of 5.89%,...

The Dow Jones Industrial Average fell 288.14 points, or 1.17%, to 24,345.72, the S&P 500 lost 27.08 points, or 0.92%,...

The National Bank of Rwanda (BNR) has cut the Central Bank Rate (CBR) from 5% to 4.5% to support commercial...

Gold demand will continue to feel the effects of COVID-19 for the rest of 2020. In particular, the divergence between...

That brings the total easing since November to 200 basis points, with the rate now the lowest since September 2011

Safaricom’s board has recommended a Kes.1.40 dividend pay out to shareholders up from Kes.1.25 last year from an earnings per...

While the market is being hit by financial flows, Russia warned that there will be no quick fix to low...

MansaX successfully delivered one of the highest returns in the market in Q1’2020 with an annualized return of 24.45% outperforming...

While data is beginning to highlight the impact coronavirus has had on economies, markets have been buoyed in recent days...

The Nairobi Securities Exchange closed the week on a high note with 134 Million shares valued at Kes.4.3 Billion against...

The sharp downward revision is driven by a massive decline in Asian economies, led by China and India which are...

Stocks across Asia-Pacific fell after a potential antiviral drug to treat coronavirus flopped in its first clinical trial, dashing investors’...

Crude has been pummelled in recent days on concerns that there is not enough space around the world to store...

Demand for energy collapsed in the U.S and most heavy users of oil globally and traders don’t want to get...

Investors should confirm the licensing status of any firms offering services in the capital markets industry with the Authority. CMA...

There is not much expectation about the current quarterly earnings season and the disappointment seems to be already factored into...

The spot market remains volatile and will likely decline further without adequate measures by the government such as economic stimulus...

The local market seems to have run out of purchasing power, or are waiting for even lower prices as we...

The rand has slumped 25% against the dollar this year, compared with the lira’s 14% decline. South Africa’s currency has...

Kenyan government has less fiscal room to support the economy compared to many of its peers and the country's credit...

China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way...

Analysts estimate that 76 of the world’s poorest nations, which are eligible to receive the bank’s International Development Association (IDA)...

All the key indices of the market declined at the close of Thursday's session, an indication that stocks, despite the...

The rating action follows the downgrade of the bank's ultimate parent, South Africa-based Standard Bank Group Limited (SBG), to 'BB'/Negative...

The derivatives market of the Nairobi Securities Exchange (NEXT) closed the last trading day of the week flat with no contracts...

World Bank is deploying up to $160 billion in financial support for developing countries over the next 15 months to...

Absa Bank Kenya will cease to transact as an authorized foreign exchange dealer in the Kenyan market from Thursday, April...

Trading activities on secondary Bond market at the Nairobi Securities Exchange edged higher, closing the day with bonds worth Kes...

On performance of global markets, Asian stocks stepped back early Wednesday after two sessions of sharp gains as investors turned...

Increased market activities on the NSE saw the market turnover rise by 24% to settle at Kes. 782.7 Million against...

Early Tuesday data on Asian markets showed that Asian stocks headed for their first back-to-back gain in two weeks on...

Trading activities on secondary Bond market at the Nairobi Securities Exchange recorded a growth in activities with bonds worth Kes...

Despite the ever-continuing fear and uncertainty over the COVID-19 pandemic, all global, emerging and frontier markets, including Kenya, have shown...

The international insurance business contributed 19 percent of the Group’s gross earned premium, thereby boosting profitably to the Group.