The Trading Room

In a sudden reversal late on Sunday, Trump backed down from his threat to block the hard-fought bill, restoring unemployment benefits to millions of Americans and averting a federal government shutdown.

The derivatives market of the Nairobi Securities Exchange had 5 single stocks futures contracts valued at Kes 46,000 concluded. This was a decline in turnover from the 5 contracts valued at Kes 180,290 transacted in...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.093 after declining from levels above 90.4 in recent days.

The NSE 20 and the NSE25 share indices have shed up-to 30.7% and 18.44% respectively in year to date performance.

Russian stocks declined early in the week amid worsening sentiment toward riskier asset classes and on news that the U.S. Department of Commerce would move to block trade in goods and services with Russian companies...