Tag: Corona Virus Pandemic

Investors started buying beaten-down shares after the Nasdaq confirmed a corrective phase earlier this month and the S&P 500 on ...

The Dow Jones Industrial Average closed up 52.31 points, or 0.20%, to 26,815.44. The S&P 500 gained 9.67 points, or ...

The S&P 500 posted three new 52-week highs and one new low; the Nasdaq Composite recorded 34 new highs and ...

Oracle Corp slipped 0.3% following a report by a state-backed Chinese newspaper that Beijing was unlikely to approve a proposed ...

The Hang Seng index in Hong Kong slipped about 1%, as of its final hour of trading. HSBC saw its ...

This improved performance is expected to impact the entire value chain positively, with renewed economic activities

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.

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.3% to $39.49 per ...

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.

On U.S. exchanges 11.31 billion shares changed hands compared with the 9.29 billion average tor the last 20 sessions.

About 11.98 billion shares changed hands in U.S. exchanges, compared with the 9.22 billion daily average over the last 20 ...

U.S. crude settled down 2.92% at $41.51 per barrel and Brent was at $44.43, down 2.52% on the day.

Oil prices were higher in the afternoon of Asian trading hours, with international benchmark Brent crude futures up 0.86% to $45.97 per ...

the Dow Jones Industrial Average was up 4.16 points, or 0.01 percent, at 28,434.21 and the S&P 500 was up ...

Stocks extended their gains after a top aide to President Donald Trump said the president is willing to sign a ...

Hewlett Packard Enterprise Co ended the session higher after its full-year profit outlook beat expectations, while tax software firm Intuit ...

Medtronic's stock advanced after the medical device maker's quarterly profit beat consensus.

Oil prices edged lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures slightly lower at $44.33 per ...

Apple Inc rose 4% as its market value continued to swell after the most valuable publicly listed company in the ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.934 after its decline ...

Thailand has recorded one of the largest drops in GDP in Asia this year.

Japan's GDP growth is expected to contract more than 7% (26.6% annualized) in the three months ended June 30 versus ...

The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and ...

The Dow Jones Industrial Average rose 1.03% to end at 27,971.9 points, while the S&P 500 gained 1.38% to 3,379.81. The ...

The Dow Jones Industrial Average fell 104.53 points, or 0.38%, to 27,686.91, the S&P 500 lost 26.78 points, or 0.80%, ...

Energy and industrials , among the worst performers this year, gained, while technology and communication services fell.

the Dow Jones Industrial Average was up 309.55 points, or 1.15%, at 27,138.02, the S&P 500 was up 18.13 points, ...

The Dow Jones Industrial Average fell 225.92 points, or 0.85%, to 26,313.65, the S&P 500 lost 12.22 points, or 0.38%, ...

The Dow Jones Industrial Average rose 160.29 points, or 0.61%, to 26,539.57, the S&P 500 gained 40 points, or 1.24%, ...

 The Japanese yen traded at 105.04 per dollar after strengthening from levels around 105.60 against the greenback yesterday. The Australian dollar changed hands at ...

Data released in the morning showed U.S. consumer confidence ebbed in July as coronavirus infections flared up across the country.

Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.35% to $43.19 ...

The Dow Jones Industrial Average fell 182.44 points, or 0.68%, to 26,469.89, the S&P 500 lost 20.03 points, or 0.62%, ...

The budget support intervention, will help boost the Malawi National COVID-19 Preparedness and Response Plan that has been developed with ...

The S&P 500 posted 51 new 52-week highs and no new lows; the Nasdaq Composite recorded 103 new highs and ...

Volume on U.S. exchanges was 10.32 billion shares, compared with the 11.28 billion average over the last 20 trading days.

Oil prices traded higher Tuesday morning during Asian hours. U.S. crude traded up 0.15% at $40.87 a barrel while global ...

In addition, some of the small businesses will be offered a market of their products by the government.

Japanese stocks posted gains for the week. The Nikkei 225 Stock Average advanced 406 points (1.8%) and closed at 22,696.42

The Dow Jones Industrial Average rose 0.85% to end at 26,870.03 points, while the S&P 500 gained 0.91% to 3,226.55

Delta Air Lines Inc ended down 2.65% after it warned it will be more than two years before the industry ...

Volume on U.S. exchanges was 11.6 billion shares, compared with the 11.9 billion average for the full session over the ...

The Japanese yen traded at 106.90 per dollar following a strengthening from levels above 107.2 against the greenback last week. ...

Secondary trading on the Bond market at the Nairobi bourse witnessed improved activity with bonds worth Kes.14 billion transacted compared ...

Gilead’s (GILD.O) remdesivir significantly improved clinical recovery and reduced the risk of death in COVID-19 patients, additional data from a ...

Declining issues outnumbered advancing ones on the NYSE by a 2.63-to-1 ratio; on Nasdaq, a 2.09-to-1 ratio favored decliners.

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures at $42.95 per barrel, ...

The Dow Jones Industrial Average rose 459.67 points, or 1.78%, to 26,287.03, the S&P 500 gained 49.71 points, or 1.59%, ...

The moves upward regionally came despite the World Health Organization saying Saturday that more than 200,000 coronavirus cases were confirmed ...

While currencies saw muted moves in early trading on Monday, the Australian dollar underperformed, dropping as much as 0.2%.

Secondary trading on the bond Market at the Nairobi Securities Exchange registered reduced activity with bonds worth Kes.9.0 billion transacted ...

Stocks in Asia edged higher in Friday afternoon trade as positive economic data raised optimism over the prospects of an ...

The S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 123 new highs and ...

Pfizer Inc’s shares rose more than 3% after the drug-maker said a COVID-19 vaccine being developed with German biotech firm ...

The Standard & Poor’s 500 soared nearly 20% in the second quarter, its best quarterly gain since 1998. It climbed ...

The Dow Jones Industrial Average rose 580.25 points, or 2.32%, to 25,595.8, the S&P 500 gained 44.19 points, or 1.47%, ...

In the U.S., coronavirus cases recently surged by more than 45,000 in a day, according to John Hopkins University data.

West Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of ...

The pan-European STOXX Europe 600 Index ended the week 1.89% lower, with major European indexes mixed. Germany’s DAX Index declined ...

The Dow Jones Industrial Average fell 730.05 points, or 2.84%, to 25,015.55, the S&P 500 lost 74.71 points, or 2.42%, ...

Markets in China remained closed on Friday for a holiday

The Dow Jones Industrial Average lost 710.16 points, or 2.7%, to 25,445.94. The Nasdaq, which was coming off its second ...

CBK said it saw a significant increase in the use of mobile money channels by individuals in both value and ...

Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite down fractionally while the Shenzhen component rose 0.168%.

When you go to the market to borrow money, the market is looking at your current and past behavior

Safaricom Plc recorded a 1.48% share price appreciation to Kes.30.90, up from Kes.30.45 registered the previous week with shares worth ...

The Dow Jones Industrial Average fell 208.64 points, or 0.8%, to 25,871.46, the S&P 500 lost 17.53 points, or 0.56%, ...

The Dow Jones Industrial Average fell 39.51 points, or 0.15%, to 26,080.1, the S&P 500 gained 1.85 points, or 0.06%, ...

Hong Kong’s Hang Seng index shed 0.22% by the afternoon. Shares of Chinese e-commerce giant JD.com jumped in their Thursday Hong Kong debut, rising ...

Bankrupt car rental firm Hertz Global Holdings announced it would suspend its plan to sell $500 million in new shares ...

At the beginning of his two-day testimony before Congress, Federal Reserve Chairman Jerome Powell said, "Until the public is confident ...

The benchmark NSE All Share Index (NASI) inched up during the week,gaining 2.70 points this week to close at 142.88, this ...

Shares in Europe surged as countries eased lock-down restrictions and the European Central Bank (ECB) injected fresh stimulus into the ...

The Japanese yen traded at 109 per dollar after weakening sharply earlier  this week from levels below 108. The Australian dollar changed hands at ...

While an industrial revolution was already in progress, the pandemic has accelerated the process and created even more complications for ...

Equity turnover on the Nairobi Securities Exchange closed the week lower with 84.8 Million shares valued at Kes 2.37 Billion ...

The Acting MD said they remain totally focused on managing the company's cost base, affirming that the restructuring will not ...

The hold in the Central Bank Rate was supported by inflation stability with inflation rate at 5.6% in April. Going ...

Oil prices dipped in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.25% to $36.08 per barrel. U.S. ...

This is the time to utilize your emergency fund if you have one. If you don’t have it and instead ...

News of a possible vaccine for the corona virus by Moderna Inc pushed markets higher at the start of the ...

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures up 0.17% to $34.71 ...

The Dow Jones Industrial Average fell 390.51 points, or 1.59%, to 24,206.86, the S&P 500 lost 30.97 points, or 1.05%, ...

Hong Kong’s Hang Seng index led gains among the region’s major markets, jumping 2.38% in early trade as shares of ...

One of the most successful formulas in investing in the past three decades has been `buy the dips.’ Investment advisors ...

Equity turnover at the Nairobi Securities Exchange closed the week with a relative growth in value in terms of shares ...

Stanbic Bank restructured KSh 2.3 billion of SME loans and saw SMEs get a three-month loan holiday. This was particularly ...

The Dow Jones Industrial Average fell 516.81 points, or 2.17%, to 23,247.97, the S&P 500 lost 50.12 points, or 1.75%, ...

The Dow Jones Industrial Average fell 109.33 points, or 0.45%, to 24,221.99, the S&P 500 gained 0.39 points, or 0.01%, ...

Japan's Nikkei added 0.7% and South Korean stocks 0.3%. E-Mini futures for the S&P 500 ESc1 opened soft but bounced ...

The benchmark NSE All Share Index (NASI) closed at 140.87, representing a 1-week gain of 0.84%, a 4-week gain of ...

Brent crude, the international benchmark, was off 0.1 per cent on Wednesday morning in Asia but still up for the ...

Analysts warned that after a strong April - fueled by optimism the worst of the disease has passed - equities ...

The NSE All Share Index closed at 139.69, which represented a 1-week gain of 2.88%, a 4-week gain of 5.89%, ...

The National Bank of Rwanda (BNR) has cut the Central Bank Rate (CBR) from 5% to 4.5% to support commercial ...

The Nairobi Securities Exchange closed the week on a high note with 134 Million shares valued at Kes.4.3 Billion against ...

The spot market remains volatile and will likely decline further without adequate measures by the government such as economic stimulus ...

As losers & gainers continue to emerge, Safaricom still takes the lead in firms gaining ground during this pandemic. The ...

The major Asia-Pacific stock indexes are trading lower on Monday as traders digest the OPEC+ production cut deal and the ...

All the key indices of the market declined at the close of Thursday's session, an indication that stocks, despite the ...