The Trading Room

Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fueled by supply worries amid escalating unrest in Kazakhstan and outages in Libya.

Global petroleum production increased more slowly than demand, driving higher prices. The slower increase in production was mostly attributable to OPEC+ crude oil production cuts that started in late 2020

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE), A total of 17,570,500 shares in 710 deals, corresponding to a market value of KES 630,421,032.00, were traded. Compared with...

The Capital Markets Authority (CMA) continues to appreciate the importance of collaboration and partnerships, as demonstrated by the MoUs signed with a number of institutions.

Last year, oil prices rose around 50%, spurred by the global economic recovery from the COVID-19 pandemic slump and producer restraint, even as infections reached record highs worldwide.