The Trading Room

Global payments giant, Visa, has partnered with Tala, a mobile lending service in emerging markets, with a particular focus in Kenya, to bring the USDC stablecoin to the underbanked population. The companies announced that the idea...

The derivatives market of the NSE posted a decline in activity during today’s trading session, with 34 single stock futures contracts valued at Kes 1.05 million concluded.

In Asia, Chinese mainland shares were unable to hold on to earlier gains: The Shanghai composite closed down 0.65% at 3,418.87 while the Shenzhen component lost 1.95% to 13,933.81.

The Capital Markets Authority (CMA) has granted approval to Crown Paints Kenya Plc to undertake a rights issue to raise Kes 711,810,000 by issuing and listing 71,181,000 new ordinary shares on the Nairobi Securities Exchange....

Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United States even as the surging pandemic in India capped prices. Brent crude futures for July were...