The Trading Room

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 13,459,900 shares in 715 deals, corresponding to a market value of KES 435,396,249.00, were traded. Compared with the previous...

Cooperative Bank booked a 905 increase in loan loss provision from Kes. 2.1 billion in 2019 to Kes. 4 billion.

The Japanese yen traded near flat at 103.86 against the greenback while the Australian dollar changed hands at $0.7292, dropping from earlier levels around $0.73.

ABSA has painted a level of  uncertainty in its outlook relating to the COVID-19 pandemic where it has highlighted that it is high and unprecedented, and its impact on markets and the global economy is profound.

The lobby group also proposes that millers and marketing agents shall be appointed by members of a coffee factory during an annual general meeting held before the start of the coffee crop year.