The Trading Room

The derivatives market of the NSE had 21 contracts valued at kes 565,850 concluded in today’s trading session, this was quite an increase as compared the 2 contract valued at Kes 74,000 transacted in the previous...

Kenya Airways resumed international passenger service on August 1 with flights to Britain and Ethiopia while domestic service restarted on July 15 after the service was suspended in March to contain the spread of COVID-19.

Oil prices were higher in the afternoon of Asian trading hours, as international benchmark Brent crude futures gained 1.9% to $41.30 per barrel. U.S. crude futures also advanced 2.25% to $39.14 per barrel.

Spot gold was up 0.1% to $1,957.45 per ounce by 0255 GMT. U.S. gold futures were steady at $1,966.20.

Advancing issues outnumbered declining ones on the NYSE by a 1.92-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored advancers.