The Trading Room

The property fund ILAM Fahari is planning to sell part of its assets to improve returns from its real estate portfolio.

The decision by the South African Reserve Bank comes shortly after the European market was issued with a notice of an expected hike in rates in response to the inflationary pressure.

The Derivatives market on the NSE had a total of 22 contracts traded valued at Kes 266,000 transacted.

Tesla’s second-quarter profit fell 32% from record levels in the first quarter, with the company reporting a $2.26bn net profit on Wednesday.

The UN trading agency also directed that banks and related organizations should be advised not to hold cryptocurrencies and related products for their clients.