The Trading Room

A stronger dollar, rising ahead of U.S. inflation data due later on Friday, also weighed on fuel prices. Oil typically falls when the dollar firms as it makes oil more expensive for those holding other...

In consumer staples on wall street, heavyweight electric car maker Tesla Inc was the biggest percentage decliner, falling 6%.

The derivatives market of the Nairobi Securities Exchange (NSE) was muted with no contracts trading during today's trading session.

Questions had swirled over whether Evergrande & Kaisa were simply too big to be allowed to fail, given its collapse could send shock waves through the wider Chinese economy.

Oil prices extended gains on Thursday on confidence that the omicron coronavirus variant would not dent global growth, even as some governments stepped up curbs to stop its rapid spread. U.S. West Texas Intermediate (WTI) crude...