The Trading Room

The OPEC+ move to bring forward crude oil output hikes is widely seen as unlikely to meet demand as the increased allocation is spread across all members, including Russia which is facing sanctions.

The program by The African Development Bank (AfDB) will get underway in September 2022; 10 municipalities will participate.

Trading on the secondary bond market on the NSE posted a decline in activity as compared to Thursday's trading, with bonds valued at Kes 1.79 billion transacted in 98 deals compared.

At the 51st Annual General Meeting held earlier today via electronic means; KCB Group shareholders approved a final dividend of Kes 2.00 per share as recommended by the Board

Brent crude oil futures were on track to fall for the week, and WTI was on course for a 1.6% weekly gain as U.S. supply remained very tight, prompting talk of fuel export curbs or...