The Trading Room

Absa Bank Kenya’s net profit increased sharply to Kes 8.2 billion in the nine months ended September as provision for bad debt fell sharply. The lender’s net income rose 328.2 per cent from Kes 1.9...

Oil prices dropped on Tuesday, reversing gains in the previous session, on growing talk the United States, Japan and India will release crude reserves to tame prices despite the threat of demand faltering as Covid-19...

In extended trade, Zoom Video Communications jumped 6% on the Nasdaq after the video-conferencing company posted quarterly revenue that beat expectations.

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 18,614,400 shares in 1,004 deals, corresponding to a market value of KES 585,806,644.00, were traded. Compared with the...

Mortgage lender Housing Finance (HF Group) has appointed its credit director Peter Mugeni Oduori as the managing director, effective November 17, 2021. Peter Mugeni is a seasoned banker, with 20 years of experience in leadership,...