The Trading Room

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 12,344,600 shares in 865 deals, corresponding to a market value of KES 475,962,130.00, were traded. Compared with the...

Shares in Asia-Pacific were mixed on Friday following an overnight bounce on Wall Street. The Taiex in Taiwan jumped 1.62% on the day to 16,302.06. India’s Nifty 50 also saw robust gains, rising 1.3%, as of about 1:47 p.m....

Salaam African Bank, the leading bank by branch network in Djibouti, has acquired 100% ownership in Kenya’s Uwezo Microfinance Bank, giving the lender a presence in Kenya’s banking industry. The acquisition took effect on March...

Oil prices edged higher on Friday, taking a break after three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress on talks...

Kohl’s Corp slumped 10.17% on wall street after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.