Market Report: June 02, 2022
The derivatives exchange the NSE (NEXT) had 6 single stock futures valued at Kes 114,700 transacted during Thursday's trading session.
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Crude Oil Prices Drop by 3% with Saudi Arabian Supply Set to Hit Markets.
International crude oil benchmark Brent crude futures were last down 1.68% at $114.34 per barrel. U.S. crude futures dropped 1.87% to $113.10 per barrel.
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SWVL Indefinitely Halts Key Services in Kenya Amidst Global Layoff.
In a sudden turn of events, SWVL is pausing all their daily and city-to-city rides in Nairobi.
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Market Report: May 31, 2022
Trading on the secondary bond market on the NSE posted a decline in activity as compared to Monday's trading, with bonds valued at Kes 1.91 billion transacted in 98 deals
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BK Group Posts 40% Growth in Net Income at FRw 15.6 Billion.
BK Group's net interest income rose by 4.3% year-on-year to FRw 33.3 billion supported by higher income from loans and advances, which grew by 8.8% from Q1 2021 to FRw 1.1 trillion.
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