The Trading Room

The secondary Bond market at the Nairobi Securities Exchange recorded moderate growth in activity with bonds worth Kes 2.73 Billion trading in 108 deals, as compared to yesterday’s turnover of Kes 2.27 Billion which was achieved in 94 deals.

In each of the next three years, Kenya will need to repay on average 1.7% of GDP in external principal amortizations in addition to any potential external financing of the fiscal deficit.

Japanese stocks led gains among the region’s major markets, with the Nikkei 225 jumping 2.06% in afternoon trade

Stocks have rebounded sharply since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus

The Derivatives market had three contracts valued at Kes 119,000 concluded at the end of today’s trading session. This was lower in value as compared to yesterday’s three contracts valued at Kes 89,900.