Volume on U.S. exchanges was 9.92 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.

The secondary bond market on the Nairobi Securities Exchange posted growth in activity during Friday's session with bonds worth Kes 2.67  Billion traded in 44 deals during today’s session

Oil prices rose during Asia trading hours on Friday: U.S. crude futures were up 0.73% at $47.12 a barrel. Global benchmark Brent rose 0.72% to $50.61.

Musungu was previously the general manager for GlaxoSmithKline Kenya and East Africa Business.

equities moved well off lows that saw the S&P 500 down as much as 0.75% after U.S. Treasury Secretary Steven Mnuchin said talks between Republican and Democratic senators on COVID-19 relief were making ”a lot...