Hong Kong’s Hang Seng index rose 1.32% on the day to 23,767.78, with shares of HSBC soaring 4.03%.

“These transactions will significantly strengthen our presence in Southern Africa and further our footprint for growth in the South African...

Safaricom led the movers, with 29 million shares worth Kes.866M exchanging hands at a fairly stable price of Kes.30.00; this...

Chinese stocks rose slightly in a holiday-shortened week, lifted by several economic readings showing that the recovery was on track,...

House Democrats passed a $2.2 trillion fiscal aid package on Thursday, but the bill is unlikely to be approved in...

According to EPRA, consumers in Nairobi will now pay a maximum of Kes 106.55 for a litre of super petrol,...

There were 3 contracts valued at kes 115,250 concluded on the derivative market of the NSE during today’s trading session.

New Covid-19 cases worldwide have rise to more than 34 million, nearly 2 million more than at the end of...

Advancing issues outnumbered declining ones on the NYSE by a 1.58-to-1 ratio; on Nasdaq, a 1.33-to-1 ratio favored advancers

Overall, the MSCI Asia ex-Japan index was 0.48% higher. Markets in China, Hong Kong, South Korea and Taiwan were closed...

The value of transaction has been tipped to rise on account of COVID-19 pandemic.

The Dow Jones Industrial Average rose 536.82 points, or 1.96%, to 27,989.48, the S&P 500 gained 54.54 points, or 1.64%,...

“We are keen to enter these key East African markets with substantial market share at the outset and JHL is...

“NPL increases were noted in the real estate, personal, transport and communication sectors due to subdued business environment,” Dr. Njoroge...

Volume on U.S. exchanges was 8.31 billion shares, compared with the 9.99 billion average over the last 20 trading days.

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

The National Treasury has also been directed to expedite the roll-out of the credit guarantee scheme for MSMEs in partnership...

Volume on U.S. exchanges was 8.74 billion shares, compared with the 10.05 billion average over the last 20 trading days.

Mr Muthomi adds the effort earned Kenya avocados the highest foreign exchange for the period ever and has opened new...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.72% to $41.62 per...

In Riyadh, Arabian Centres gains as much as 2.5% after it announced the opening of an extension of a mall...

The secondary trading on the bond market saw a decline in activity with bonds valued at Kes.12.0 billion billion achieved...

Investors started buying beaten-down shares after the Nasdaq confirmed a corrective phase earlier this month and the S&P 500 on...

The derivatives market of the NSE recorded an increase in activity today with 9 contracts valued at kes 290,250 as...

The Dow Jones Industrial Average closed up 52.31 points, or 0.20%, to 26,815.44. The S&P 500 gained 9.67 points, or...

There were 4 contracts valued at kes 126,000 concluded in today’s trading session on the derivatives market of the NSE.

The Japanese yen traded at 105.43 per dollar after weakening from levels around 105 yesterday. The Australian dollar was at...

The S&P 500 posted three new 52-week highs and one new low; the Nasdaq Composite recorded 34 new highs and...

Stocks in Asia-Pacific were mixed in Wednesday trade as investors react to recent comments from Federal Reserve Chairman Jerome Powell....

Oracle Corp slipped 0.3% following a report by a state-backed Chinese newspaper that Beijing was unlikely to approve a proposed...

The Hang Seng index in Hong Kong slipped about 1%, as of its final hour of trading. HSBC saw its...

Nikola Corp plunged 19.3 per cent after its founder, Trevor Milton, stepped down as executive chairman following a public squabble...

There were no contracts concluded in today's trading session on the derivatives market of the NSE.

HSBC now risks being caught in deepening turmoil after a swirl of trouble over the past year amid political unrest...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 1.27% to $42.60 per...

The Derivatives Market of the NSE closed the week on a high note, with September contracts expiring on Thursday, a...

Brazilian stocks, as measured by the Bovespa Index, were little changed for the week. On Wednesday, Brazil’s central bank decided...

The S&P index recorded 10 new 52-week highs and no new low, while the Nasdaq recorded 54 new highs and...

The U.S. dollar index, which tracks the greenback against a basket of its peers, sat at 92.931 after falling from...

At least a third of Tullow Kenya workforce across all levels and cadres are expected to leave the company, the...

The S&P 500 posted 9 new 52-week highs and no new lows; the Nasdaq Composite recorded 38 new highs and...

To reduce post-harvest losses, the government is refurbishing 11 warehouses in targeted counties.

Oil prices rose for a second day, up more than 2%, as Hurricane Sally closed U.S. offshore production and an...

Kenya Airways resumed international passenger service on August 1 with flights to Britain and Ethiopia while domestic service restarted on...

Oil prices were higher in the afternoon of Asian trading hours, as international benchmark Brent crude futures gained 1.9% to...

Spot gold was up 0.1% to $1,957.45 per ounce by 0255 GMT. U.S. gold futures were steady at $1,966.20.

Advancing issues outnumbered declining ones on the NYSE by a 1.92-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored advancers.

Huawei Kenya Chief Executive Officer Will Meng expects the partnership to further boost conviniency in delivery of financial services following...

The derivatives market of the NSE had 2 contracts valued at kes 74,100 concluded in today’s trading session, this was lower...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.3% to $39.49 per...

However, external valuations for real estate investments will be performed by an independent registered property valuer at least once every three...

The Dow Jones Industrial Average rose 327.69 points, or 1.18%, to 27,993.33, the S&P 500 gained 42.57 points, or 1.27%,...

The derivatives market of the NSE had 4 contracts valued at Kes 121,000 concluded in today's trading session

Shelter Afrique expects fresh equity injection from Member Countries via country IDA allocation, direct lines of credit from the World...

The Japanese yen traded at 106 against the greenback, following an earlier low of 106.19 per dollar.

The price of one ounce of gold was $1,946.50 by market close, down from $1,949.50 at the previous close, according...

The S&P 500 posted 5 new 52-week highs and 1 new low; the Nasdaq Composite recorded 25 new highs and...

The National Treasury expects the Kenyan economy to grow by just 2.5 percent due to COVID-19 induced economic slowdowns.

There were no contracts concluded in today's trading session on the derivatives market. 

African Diaspora Asset Managers Limited Chief Executive Officer Mr. Runyah Lewa noted that his firm is interested in collective investment...

Oil prices were mixed in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.15% to $40.00 per...

Declining issues outnumbered advancing ones on the NYSE by a 2.14-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favoured decliners.

The secondary bond market on the Nairobi Securities Exchange recorded a modest rise in activity during today’s session with bonds...

Analysts also said the Nasdaq's ability to hold its 50-day moving average, a technical support level, was key in reversing...

Shares of Facebook Inc, Amazon.com Inc, Apple Inc, Netflix Inc and Google-parent Alphabet Inc — commonly known as the “FAANG”...

Mainland Chinese stocks edged higher on the day, as the Shanghai composite added 0.72% to about 3,316.42 while the Shenzhen component was fractionally higher...

Tuskys has lost significant clout to rivals Naivas and newcomer Quickmart which has been on an expansion spree countrywide.

The dollar index rose 0.2% against its rivals, making gold more expensive for holders of other currencies

Mr. Hansen will be based in Nairobi, Kenya.He succeeds Carlos Felipe Jaramillo who was appointed as the Vice President for...

Mainland Chinese stocks led losses among the region’s major markets on the day, with the Shanghai composite down 1.87% to about 3,292.59...

Chilean stocks, as measured by the IPSA Index, posted modest losses for the week as of Friday afternoon.

On U.S. exchanges 11.31 billion shares changed hands compared with the 9.29 billion average tor the last 20 sessions.

Nation Media Group has launched its digital brand, Nation.Africa, aiming at expanding it's large online presence, taking to advantage the...

The derivatives market of the NSE had no contracts concluded on today's trading session.

Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.39% to $44.24 per...

About 11.98 billion shares changed hands in U.S. exchanges, compared with the 9.22 billion daily average over the last 20...

Kenya was ranked 115 out of 152 countries in the industrial index

The Japanese yen traded at 106.24 per dollar after weakening from levels around 106 against the greenback yesterday

U.S. crude settled down 2.92% at $41.51 per barrel and Brent was at $44.43, down 2.52% on the day.

Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.86% to $45.97 per...

the Dow Jones Industrial Average was up 4.16 points, or 0.01 percent, at 28,434.21 and the S&P 500 was up...

KenGen has declared a dividend and also announced that Rebecca Miano will be in the firm for 3 more years

Motor vehicle dealer Isuzu East Africa chief executive Rita Kavashe has been appointed as the board chairperson cigarette manufacturer BAT...

The S&P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and...

The derivatives market of the NSE had no contract concluded  in today’s trading session .

This led to a 58% decrease in revenue booked in six months period ending 30th June 2020

Shares of Mitsubishi jumped 10.31% while Itochu gained 5.57%. Marubeni soared 12.41% and Mitsui gained 8.36%, Sumitomo rose 10.4%.

Global stocks ended the week mixed, on the present prevailing macros. The MSCI’s benchmark for global equity markets rose by...

Stocks extended their gains after a top aide to President Donald Trump said the president is willing to sign a...

Bamburi Cement Plc has posted a 13% decline in activity for the first half of 2020 at Kes16.2billion which as...

Advancing issues outnumbered decliners 1.36-to-1 on the NYSE, while declining issues outnumbered advancers 1.07-to-1 on the Nasdaq.

NCBA board has held back the declaration of an interim dividend for the period in line with its cash preservation...

Hewlett Packard Enterprise Co ended the session higher after its full-year profit outlook beat expectations, while tax software firm Intuit...

Prices and index updates stopped around 11:10 a.m. in Wellington when the benchmark S&P/NZX-50 index was up 0.2% at 12,053....

The reduced profit was largely the result of increased provisions, reflecting the prudent approach adopted by DTB in the midst...

Medtronic's stock advanced after the medical device maker's quarterly profit beat consensus.

While Nigeria has embarked on gradual easing of lockdown since Q2 2020 with a N2.3 trillion stimulus intervention, economic activities...

Stocks in Asia Pacific were mostly higher on Tuesday, while top trade representatives from Washington and Beijing had a call...

the Dow Jones Industrial Average rose 384.61 points, or 1.38%, to 28,314.94, the S&P 500 gained 34.93 points, or 1.03%,...

“We are pleased to be joining the Kenya Bankers Association, an organization that has championed industry development since 1962,” said...