Global Markets

We’re likely to see the lowest oil prices of the last 20 years in the next quarter,” Roger Diwan, an oil analyst at consultant IHS Markit and a veteran OPEC watcher, told...

The announcement followed a meeting between the president, prime minister and senior financial officials earlier in the day

Data from commercial banks reveal the shilling is under pressure since Tuesday when Central Bank of Kenya announced they will buy back a total of $400 million (Kes41.2 billion) from commercial banks...

A report by  Standard Investment Bank (SIB) has revealed that the small cap stocks have been performing well on the exchange, despite the gains being made on the back of very thin...

Before the outbreak, the global economy was showing signs of stabilizing, as the Bank had projected in its January Monetary Policy Report (MPR). However, COVID-19 represents a significant health threat to people in a...

The NSE opens this morning with a new wave on uncertainties as global markets. U.S. stocks tumbled and Treasuries surged as investors worried the Federal Reserve’s emergency cut won’t be enough to...

This is the first unscheduled, emergency rate cut since 2008, and it also marks the biggest one-time cut since then. The new benchmark interest rate is 1% to 1.25%.

1. Global Markets soared yesterday for the first time in two weeks as China reported lower cases of the Corona Virus infection.The S&P 500 surged 4.6% Monday, rebounding from the worst week...

It's a new month today & here's what to know as markets open. 1. East African Breweries Plc closed their books on Friday, as markets open, expect the usual books closure effect...

At the same time, a report out has indicated that the construction sector in the NSE has been most hit in terms of Market capital erosion

Good morning, here's a rundown of top economic news you need to know. The NSE had one of its worst sell offs this year yesterday when most stocks plunged to touch their...

Good morning, here's what you need to know before you start your day. 1. Kenya's Nairobi City County will now be run under the National Government. In a historic move, Nairobi Governor...

Global financial markets saw some of the sharpest falls in years on Monday after a rise in coronavirus cases renewed fears about a global economic slowdown. The risk-off mood hardened as the...

In February 2019, Capital Markets Authority issued the guidelines for the green bond issuance in the country. Six months later in August 2019, Acorn Project (Two) Limited Liability Partnership became the first...

After more than two years of rising tension, the US and China have signed a deal aimed at calming trade frictions. The agreement has been hard-fought, but it is unclear how much...

Saudi Arabian Oil Company (ARAMCO), the world’s largest initial public offering (IPO), surged past expectations as it debuted trading on the country’s stock exchange on Wednesday morning. The stock moved above the maximum...

The Nairobi Securities Exchange on Thursday issued a notice of change of issuer ticker codes for certain select counters. This comes just days after the NSE updated systems went live on Monday....

Kenya’s economy is expected to expand by 5.6% this year and 6.0% in 2020, the International Monetary Fund said on Tuesday, lowering its forecasts from earlier this year which was a growth...

The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global...

At the end of the first weekday of trading on the Nairobi Securities Exchange this week. A total of 2,501,900 shares in 415 deals, corresponding to a market value of KES 141,832,986.00,...

NIC Securities and NIC Capital Limited, subsidiaries of former NIC Group Plc will be merged with CBA Capital of CBA Group Limited. This comes after the Merged Unit of CBA & NIC...

The new Active Trader System of the Nairobi Securities Exchange is set to go live next Monday 14 October, 2019 bringing an end to a long wait for system change by traders...

Hong Kong Exchanges & Clearing Ltd. said it won’t proceed with its 29.6 billion-pound ($36.4 billion) unsolicited takeover bid for London Stock Exchange Group Plc, another failed cross-border deal in the exchange sector that...