The Trading Room

African Diaspora Asset Managers Limited Chief Executive Officer Mr. Runyah Lewa noted that his firm is interested in collective investment schemes that will initially comprise of five funds, subject to the Capital Markets Authority’s consent...

Oil prices were mixed in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.15% to $40.00 per barrel. U.S. crude futures hovered above the flatline, trading at $37.31 per barrel.

In her new role, Eva is expected to develop and implement Visa’s growth strategy in Kenya. She is also tasked with the duty to  accelerate the firm’s local growth through identifying critical business opportunities.

Declining issues outnumbered advancing ones on the NYSE by a 2.14-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favoured decliners.

The secondary bond market on the Nairobi Securities Exchange recorded a modest rise in activity during today’s session with bonds worth Kes 4.58 billion transacted in 64 deals in as compared to the Kes 4.06 billion achieved...