The Trading Room

Yesterday, the country's health minister indicated a rise and also confirmed possible rise in infections in the country as they move to trace and quarantine those who had been contacted by the confirmed patients who...

Local investors retreated to playing defensive position in the market, mainly focusing on the blue-chip counters, a move which has defended the market indices from facing a further decline from last week's rout.

In making this decision, the CBK Board also noted the ongoing critical efforts to stem the spread of the Coronavirus (COVID-19), and the strain this has put on the Government’s resources.

The secondary Bond market at the Nairobi Securities Exchange soared in turnover with a turnover of 5.52 Billion in 98 deals, this is a 46.4% growth as compared to yesterday’s turnover of Kes 3.77 Billion...

The measures are aimed at supporting interbank lending and freeing up cash in the money markets in response to “liquidity strains,” the Pretoria-based South African Reserve Bank said in a statement.