Wall Street gains on Fiscal Aid Hopes as Disney Surprises on Quarterly Profit
the Dow Jones Industrial Average was up 309.55 points, or 1.15%, at 27,138.02, the S&P 500 was up 18.13 points, or 0.55%, at 3,324.64.
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Telkom Kenya Ditches Merger Plan with Airtel Kenya.
Telkom Kenya last month launched loon, 4G enabling balloons in partnership with American tech giant, Alphabet, which it hopes will expand its internet subscription by 4.8 million users.
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Market Report: 05 August, 2020
The derivatives market of the NSE had 19 contracts valued at Kes 500,280 concluded in today’s trading session. This was against the 4 contracts valued at Kes 109,000 concluded in previous trading session.
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Asian Markets Mixed as Data Shows China’s Economy Slowed in July
The Japanese yen traded at 105.56 per dollar after touching levels around 106.4 earlier in the trading week. The Australian dollar changed hands at $0.7187 following its bounce from levels below $0.71 earlier this week.
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U.S Markets Close Higher as Investors’ Hope on Stimulus
The S&P 500 posted 26 new 52-week highs and no new lows; the Nasdaq Composite recorded 129 new highs and 10 new lows
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