The Trading Room

The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 182 new highs and 17 new lows.

The derivatives market of the Nairobi Securities Exchange had 5 single stocks futures contracts valued at Kes 46,050 transacted.

Oil prices fell in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 3.23% to $50.57 per barrel. U.S. crude futures also dropped more than 3% to $47.44 per barrel.

The derivatives market of the NSE posted a moderate growth in activity, with 168 contracts valued at Kes.3.5 million concluded

Global markets edged higher last week, with all major benchmark global indices hitting fresh all-time highs. Fiscal-stimulus optimism in the United States, along with a brighter longer-term outlook driven by the rollout of vaccines, continues...