Still, the Organization of the Petroleum Exporting Countries raised its world oil demand forecast for the first quarter of 2022 and stuck to its timeline for a return to pre-pandemic levels of oil use.

Global markets were mixed this week, with downs at the beginning of the week with equity markets later rebounding, after two weeks of losses.

Elon Musk, chief executive of Tesla Inc, tweeted that he is "thinking of quitting my jobs & becoming an influencer full-time." The electric-car maker's stock advanced 1.3% during trading on wall street.

Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) declined with bonds valued at Kes 1.78 billion transacted in 119 deals.

Asia-Pacific markets declined on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to key inflation data in the U.S. Japan’s Nikkei 225 extended losses from the previous session...