The Trading Room

There were no contracts concluded during today’s trading session  on the derivatives market of the NSE.

For instance during the year ended 30th June 2019, KenGen received kes 391 million refund after claiming Railway Development Levy (RDL) on equipment imported and used to build the 280-megawatt Olkaria geothermal power plant.

South Korea’s Kospi also advanced 0.22% to close at 2,346.74. Meanwhile, shares in Australia rose on the day, with the S&P/ASX 200 up 0.85% to 6,229.40.

KenGen has been focusing on the production of green energy and 86 percent of the energy produced by the company is from clean sources namely wind, hydro and geothermal.

The benchmark All share index of the Nairobi Securities Exchange closed the week modestly lower, shedding 0.42 points to settle at 139.65 points.