At the end of today's trading session on the Nairobi Securities Exchange.
A total of 15,533,100 shares in 1,056 deals, corresponding to a market value of KES 483,281,971.00, were traded.
Compared with…
Shares in Asia-Pacific were mixed in Tuesday trade as China kept its benchmark lending rate unchanged.
Stocks in Japan led to losses among the region’s major markets, with the Nikkei 225 falling…
Gold prices slipped on Tuesday after hitting a seven-week high in the previous session, as a rise in U.S. Treasury yields eclipsed support from a weaker dollar.
Spot gold was down 0.2%…
Oil prices rose on Tuesday, supported by a weaker U.S. dollar which boosts demand for dollar-denominated assets from buyers holding foreign currencies. Additionally, there are expectations that crude inventories fell…
The Minimum Tax which is calculated at the rate of 1% of gross turnover was introduced by the National Treasury through the Finance Act which was assented to by the…
GameStop Corp jumped 6.3% on wall street after the announcement of its chief executive’s resignation while Harley-Davidson Inc jumped 9.7% after the motorcycle maker raised it full-year forecast for sales…
At the end of the first weekday of trading on the Nairobi Securities Exchange.
A total of 4,860,300 shares in 860 deals, corresponding to a market value of KES 126,795,375.00, were…
The International Finance Corporation (IFC), which is part of the World Bank, plans to invest up to $2 million (Kes215 million) in Antler East Africa, a venture capital firm based in…
Shares in Asia-Pacific mostly rose in Monday trade, though India’s markets lagged as the country continues to see a surge in Covid-19 infections.
Mainland Chinese stocks led gains among the region’s…
The price of bitcoin tumbled over the weekend and was down as much as 19.5% from record highs of $ 62,000 posted by the largest cryptocurrency in the past week.
On…
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with…
The Nairobi Securities Exchange (NSE) closed positive during the week, backed by local and international economic data coming from China and earnings release by listed banks on the U.S Exchanges and…
Shares in Europe rose to follow other global markets on hopes of a strong recovery in the global economy and corporate earnings, despite a resurgence in coronavirus infections
The three main Wall Street Indices ended Friday higher for the day and week, with the S&P 500 and the Dow breaking closing records, as investors took strong economic data…
At the end of the last weekday of trading on the Nairobi Securities Exchange
A total of 11,280,100 shares in 881 deals, corresponding to a market value of KES 314,012,481.00, were…
Liberty Kenya, a subsidiary of South Africa based Liberty Holdings, has posted a 2% decline in profit after tax to Kes 676 million during the financial period ended 31st December…
Shares in Asia-Pacific edged higher on Friday as investors reacted to the release of Chinese economic data.
Mainland Chinese stocks closed higher as the Shanghai composite gained 0.81% to 3,426.62 while the Shenzhen component advanced 0.296%…
Jubilee Holdings Limited, East Africa’s largest insurance group, has posted a profit before tax of Kes. 5.08 billion for the financial period ended 31st December 2020, a 1.4% increase compared…
Oil prices extended gains on Friday, recording a weekly gain of more than 6% with an improved oil demand outlook and strong economic recoveries in China and the United States,…
The S&P 500 scored its second closing high this week, and the Dow surpassed its previous peak on April 9. The Nasdaq Composite finished above 14,000 for the first time…
At the end of today's trading session on the Nairobi Securities Exchange
A total of 12,024,900 shares in 942 deals, corresponding to a market value of KES 365,656,171.00, were traded.
Compared with…
Stocks in Asia-Pacific were mixed in Thursday trade, with Australia’s jobs data for March beating expectations.
In Australia, the S&P/ASX 200 gained 0.39%.
ASX 200 Index Performance Chart
Australia’s unemployment rate for March came in…
Bitcoin's price edged lower after the largest cryptocurrency reached an all-time high on Wednesday trading at around $64,717.01 hours before Coinbase shares began trading on the Nasdaq.
However, shortly after the…
Oil prices tumbled on Thursday after holding around one-month highs in the previous session, having surged at around 5% after the International Energy Agency (IEA) and OPEC raised forecasts for…
The Nasdaq Composite dropped 138.26 points, or 0.99%, to 13,857.84, weighed by technology-related stocks including Apple Inc, Microsoft Corp and Tesla Inc.
At the end of today's trading session on the Nairobi Securities Exchange
A total of 15,980,200 shares in 921 deals, corresponding to a market value of KES 499,040,227.00, were traded.
Compared with…
The share price valuation puts Coinbase at a whooping 65.3 billion U.S Dollars on listing.
Shares in Hong Kong led gains in Asia-Pacific during Wednesday trade as Chinese tech stocks listed in the city jumped.
Hong Kong’s Hang Seng index led to gains among the region’s major…
Oil extended gains on Wednesday during early Asian trading hours after an industry report pointed to another decline in U.S. crude stockpiles followed by OPEC raising its outlook for oil…
The S&P 500 posted 43 new 52-week highs and one new low; the Nasdaq Composite recorded 60 new highs and 81 new lows with Advancing issues outnumbering declining ones on…
At the end of today's trading session on the Nairobi Securities Exchange
A total of 15,035,600 shares in 952 deals, corresponding to a market value of KES 770,605,579.00, were traded.
Compared with…
Bitcoin, the largest cryptocurrency by market capitalization, surged by 3 % on Tuesday, reaching an all-time high of $62,218.94 as of 12.00 PM EAT with a market cap of $1.173…
Shares in Asia-Pacific were mixed on Tuesday, with South Korea leading major markets regionally.
By end of trading on Tuesday, the Kospi in South Korea was 1.07% higher, at 3,169.08 while…
Total SE has signed agreements with Ugandan officials for an oil development set to transform the East African nation into a significant crude producer and exporter.
The deal, which is expected…
Oil prices edged higher today amidst tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites and an expected drawdown in crude…
Tesla Inc rose 3.7% on wall street after Canaccord Genuity upgraded the electric-car maker’s shares to “buy,” saying the company could become “the brand” in energy storage.
At the end of the first weekday of trading on the Nairobi Securities Exchange.
A total of 10,513,000 shares in 955 deals, corresponding to a market value of KES 394,289,389.00, were…
Asia-Pacific stocks mostly declined on Monday, with shares in India and China recording great losses.
The losses came as the COVID-19 situation in the country remains severe, with India recording high…
KenGen Plc, the company carrying out the field work, has just completed the first geothermal drilling at the site in the Oromia region of southwest Ethiopia
Sameer Africa Plc has reported a Kes 43 million net profit during the financial year ended 30th December 2020, a remarkable improvement from the Kes 1.1 billion net loss posted…
Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of COVID-19 in some regions. In contrast, a rising dollar reduced…
The Derivatives Market of the Nairobi Securities Exchange (NSE) closed the week with a total of 76 contracts valued at Kes. 3.5 million transacted.
Global markets hit record highs on Tuesday, supported by strong economic data from China and the US, while currency and bond markets paused for breath after a month of rapid…
For container traffic, the Port of Mombasa recorded a positive increment of 31,261 TEUs or 30.4% to register 133,904 TEUs in March 2021 against 102,643 witnessed in March 2020.
The Nigeria Securities and Exchange Commission has banned the trading of unregistered foreign securities.
In a statement issued on Thursday, the securities said their attention had been drawn to the existence…
Wall Street's benchmarks, the S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks,…
At the end of the last weekday of trading on the Nairobi Securities Exchange
A total of 14,973,700 shares in 769 deals, corresponding to a market value of KES 466,313,832.00, were…
Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record closing high overnight.
Hong Kong’s Hang Seng index dipped 0.72% by the afternoon.
Shares…
Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic.
Brent…
Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5
At the end of today's trading session on the Nairobi Securities Exchange.
A total of 15,308,200 shares in 1,032 deals, corresponding to a market value of KES 459,110,459.00, were traded.
Compared with…
The Central Bank of Kenya (CBK) accepted bids worth Kes 81.94 Billion from the 18-year old April 2021 Infrastructure Bonds sale out of Kes 60 Billion that was on offer.
At…
Stocks in Asia-Pacific mostly rose on Thursday after the S&P 500 nudged higher to a record closing high overnight.
Hong Kong’s Hang Seng index led gains among the region’s major markets, rising 1.16%…
Safaricom’s Chief Financial Services Officer, Sitoyo Lopokoiyit, has been appointed to lead Mpesa Africa, the most successful mobile money platform in the continent and the top fintech platform in the…
Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand for crude weakening in the world’s biggest consumer of the…
Kenya’s capital Nairobi has emerged as the most innovative city in Africa according to Horizons Report 2021/22, an annual global report released by London Based real estate consultancy group, Knight…
Analysts have raised expectations for first-quarter of Wall Street’s S&P 500 component earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on…
At the end of today's trading session on the Nairobi Securities Exchange.
A total of 25,224,000 shares in 1,155 deals, corresponding to a market value of KES 883,628,827.00, were traded.
Compared with…
Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to gradually ease oil output cuts from May.
Asia-Pacific markets traded mostly up Wednesday but shares on the Chinese mainland and in Hong Kong lost ground.
Australia’s ASX 200 advanced 0.61% to 6,928, with all sectors closing higher. Major banking stocks…
Spot gold was down 0.3% to $1,737.75 per ounce by 0354 GMT. U.S. gold futures slipped 0.3% to $1,738.60 per ounce.
Volume on wall street stood at 9.65 billion shares, compared with the 12.39 billion average for the full session over the last 20 trading days.
The derivatives market of the NSE extended a further decline in Tuesday’s trading session, with 5 single stock futures contracts valued at Kes 393,100 million concluded.
Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring losses of more than 4% incurred overnight on the prospect…
Shares in Asia-Pacific were mixed on Tuesday, after major indexes on Wall Street surged to record closing highs overnight stateside.
The Nikkei 225 in Japan slipped 1.3% to close at 29,696.63 while the Topix index…
Kenya's national carrier Kenya Airways PLC (KQ) has announced that it will be suspending all passenger flights between Kenya and the United Kingdom (UK) effective 9th April 2021 until further…
Oil has recovered from historic lows last year with the support of record OPEC+ cuts, most of which will remain after July. Demand is expected to recover further in the…
The benchmark NSE All Share Index (NASI) closed the week at 160.68, representing a 1-week loss of 4.84%, a 4-week loss of 1.30%, and an overall year-to-date gain of 5.63%.
Global markets were moving this week, with the major highlights of the holiday shortened week being the global consumer confidence increasing to its highest level since the onset of the…
Microsoft, Amazon, Alphabet and Nvidia jumped 2% or more, pushing wall street S&P 500 to highs with growth stocks showing signs of awakening after lagging in recent weeks.
At the end of today's trading session on the Nairobi Securities Exchange.
A total of 16,417,600 shares in 1,050 deals, corresponding to a market value of KES 613,618,576.00, were traded.
Compared with…
Family bank has posted an 18% rise in the profit after tax to Kes 1.2 billion during the financial year ended 30th December 2020, from Kes 949,836 million recorded during…
Shares in Asia-Pacific were higher in Thursday trade as the second quarter kicked off with several economic data releases out across the region.
Hong Kong’s Hang Seng index led to gains…
The mortgage finance bank HF Group reported a Kes 1.7 billion net loss for 2020, from Kes 110 million net loss in 2019. The bank’s net interest income fell 7.5% to Kes…
Eveready E. A Plc has reported a loss before tax of Kes.50 million for the financial period ended 30th September 2020, a 53% improvement compared to a loss of Kes.107…
Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC + on Thursday would yield output constraint in the face of…
The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors positioned…
At the end of today's trading session on the Nairobi Securities Exchange
A total of 22,981,300 shares in 1,192 deals, corresponding to a market value of KES 741,700,485.00, were traded.
Compared with…
Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March.
In Japan, the Nikkei 225 shed 0.63% while the Topix index declined 0.68%. South Korea’s Kospi, on…
Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their…
Stocks on Wall Street ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit a 14-month high.
At the same time, the S&P 500 financials,…
At the end of today's trading session on the Nairobi Securities Exchange.
A total of 29,487,800 shares in 1,269 deals, corresponding to a market value of KES 1,169,791,538.00, were traded.
Compared with…
Shares in Asia-Pacific were mixed on Tuesday as investors watched the movement in shares of Japanese financial services firm Nomura following their Monday plunge.
The Nikkei 225 in Japan traded fractionally higher while…
NCBA’s full-year net profit for the year 2020 nosedived by 42% to Kes4.6 billion as the bank ramped up its provisions for loan losses. The tier-one lender put aside Kes…
Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has switched to an OPEC+ meeting this week where the extension…
Shares of Morgan Stanley were down 2.5% on Wall Street after the Financial Times reported it had also sold billions of shares, while the banks index shed about 1.9%.
At the end of the first weekday of trading on the Nairobi Securities Exchange
A total of 16,754,100 shares in 1,217 deals, corresponding to a market value of KES 653,715,725.00, were…
Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday.
The Nikkei 225 in Japan gained 1.2% in afternoon trade while the Topix index…
Equity Group Plc registered a 51% growth in its balance sheet with total assets growing to Kes 1.015 billion during the financial year ended 30 December 2020, up from Kes…
Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when they meet this week.
The benchmark NSE All Share Index (NASI) closed the week at 166.48, representing a 1-week loss of 0.28%, a 4-week gain of 0.66%, and an overall year-to-date gain of 9.45%
Global markets rose during the week all through to Friday while safe havens such as the dollar and U.S. Treasuries dipped as hopes for a global economic recovery overshadowed the…
Sanlam Kenya Plc has posted a Kes 43 million pretax profit in its just-released full-year 2020 trading results, a 92% decline against the Kes 550 million in 2019 primarily attributed…
The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is…
At the end of the last weekday of trading on the Nairobi Securities Exchange
A total of 10,003,200 shares in 848 deals, corresponding to a market value of KES 311,405,351.00, were…
Asian markets opened higher on Friday after U.S. equities rose as investors weighed the outlook for economic growth and inflation and welcomed vaccination rollouts progress.
By the Friday market close on…
Diamond Trust Bank’s (DTB) net profit for the year that ended on 31st December 2020 dipped by 51% to Kes3.5 billion, from Kes7.3 billion in 2019. According to the lender,…
Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could take weeks to dislodge a giant container ship blocking the…
An end-of-quarter rebalancing of investment portfolios by institutional investors added to another mostly seesaw session in which the major Wall Street indexes rose and fell amid the ongoing rotation from…
At the end of today's trading session on the Nairobi Securities Exchange.
A total of 13,353,900 shares in 948 deals, corresponding to a market value of KES 412,969,899.00, were traded.
Compared with…