Tag: spotlight

Crude oil inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sept. 2 ...

According to Centum's annual report, the MSP portfolio of cash securities, which is managed by Centum's asset management subsidiary Nabo ...

The last time the forex reserves were at this level was in October 2017, underlining the pressure on the Central ...

NCBA Bank Tanzania is now shifting its focus to serving large corporations while closing excess branches in specific locations.

SINGAPORE: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major ...

Kenya airways reported a Kes 9.88 billion half-year loss, which was less than the Sh11.48 billion loss reported in the ...

U.S. oil prices shot above $10 for the first time in about 14 years due to a surge in prices ...

Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) posted gains, compared to Friday's trading, with bonds ...

Fed Chair Jerome Powell left open the possibility that global markets policymakers would raise rates in 2022 more than the ...

Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue ...

Trading on the secondary bond market of the NSE posted an increase in activity, compared to Tuesday's trading, with bonds ...

The deal will see the Canton Chamber of Commerce in Kenya (Guangdong Association) members use DTB’s banking services including operating ...

Global markets remained mixed this week, with a majority of the investors gaining ground on basis of interest rates rising ...

The derivatives market of the NSE saw an increase in activity compared to Thursday's trading with 6 single stock futures valued ...

Falling equity markets also impacted crude oil markets as investors have become increasingly worried about central banks raising interest rates ...

The beta version of the Cashlet app is due to be released by mid-February 2022, but users can sign up ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 9,140,600 shares in 771 ...

In Asia, China on Thursday cut its one-year loan prime rate by 10 basis points, while its five-year LPR, which ...

OPEC officials and analysts say that an oil rally may continue in the next few months, and prices could top ...

The derivatives market of the NSE was fairly flat in activity compared to Tuesday’s trading with 10 single stock futures valued ...

OPEC+ supply constraints and the ongoing increase in global oil demand will likely keep oil prices well supported in the ...

Benchmark 10-year U.S. Treasury yields touched a two-year peak, while the dollar hit a six-day high earlier in the session, ...

Some oil producers within the Organization of the Petroleum Exporting Countries (OPEC) are struggling to pump at their allowed capacities, ...

The derivatives market of the NSE recorded a marginal decline in activity compared to Tuesday’s trading with 9 single stock futures ...

East African BreweriesPlc emerged as the top loser during Thursday's trading session on the NSE with an end-of-day price depreciation ...

In earnings across Asian companies, Taiwan’s TSMC reported its fourth-quarter results, posting a record of a 16.4% rise in quarterly ...

Data from the U.S. Energy Information Administration on Wednesday showed oil demand has taken a hit from omicron, with gasoline ...

Trading on the secondary bond market on the NSE posted an increase in value, compared to Tuesday's trading, with bonds ...

Chinese markets rose on Wednesday, tracking gains in other Asia-Pacific markets. U.S. markets also rallied overnight as comments from the ...

Oil prices climbed on Wednesday, extending big gains in the previous session after the U.S. Federal Reserve chief signalled the ...

Asian markets mostly fell on Tuesday as investors remain concerned about inflation as well as likely policy tightening from central ...

The initiative is in line with the Kengen's Environmental Conservation Program and Corporate Environmental Sustainability Policy

The market is waiting on U.S. oil and product inventory data from the American Petroleum Institute (API), an industry group, ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE). A total of 9,042,500 shares ...

The oil and gas rig count, an early indicator of future output, rose two to 588 in the week to ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE). A total of 7,538,000 shares ...

Asian markets were spooked earlier in the week and fell sharply after minutes from the Fed’s December meeting showed officials at ...

Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fueled by supply worries amid escalating unrest ...

Global petroleum production increased more slowly than demand, driving higher prices. The slower increase in production was mostly attributable to ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE), A total of 17,570,500 shares ...

Last year, oil prices rose around 50%, spurred by the global economic recovery from the COVID-19 pandemic slump and producer ...

2021 was a better-than-average year for global markets. Stock market returns, economic growth, policy stimulus and inflation all ran hot ...

Trading on the secondary bond market on the NSE posted an increase in value, compared to Thursday's trading, with bonds ...

After rising for several straight days, oil prices stalled on Friday as Covid-19 cases soared to new pandemic highs across ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE), A total of 2,605,400 shares in 731 ...

Oil prices have been underpinned by Ecuador, Libya and Nigeria declaring forces majeures this month on part of their oil ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 3,219,300 shares in 680 ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 6,121,400 shares in 834 ...

Shares in Asia rose on Tuesday after the S&P 500 notched yet another record close on Wall Street overnight. Japan’s Nikkei ...

Oil gained more ground on Tuesday with prices trading close to last session’s one-month high on expectations that the Omicron ...

The U.S. dollar index, which tracks the greenback against a basket of its peers in Asia, was at 96.158 after recently ...

Gold prices inched higher on Monday, staying above the key $1,800 per-ounce level, as slightly weaker U.S. Treasury yields offset ...

Russia believes oil prices are unlikely to change significantly next year with demand recovering to pre-pandemic levels only by the ...

In light of the improving global economic outlook, the Reserve Bank of Australia (RBA) may be positioned to end its ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE), A total of 8,416,200 shares ...

Shares in Asia-Pacific were mixed on Friday as some major markets in the region, including Hong Kong and Singapore, closed ...

Oil prices fell on Friday in thin, holiday trade after a three-day rally, with investors trying to gauge the omicron coronavirus ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE), A total of 9,880,000 shares in 761 ...

Mumias Sugar Company receiver-manager Ponangipalli Rao announced Wednesday that Uganda's Serrai Group had emerged as the winner of the bidding process that ...

Stocks on Wall Street indexes closed broadly higher on Wednesday after investors cheered positive economic data and the White House ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 8,857,100 shares in 853 ...

Shares in Asia-Pacific were mostly higher in Wednesday trade as investors continued to assess the impact of the omicron Covid ...

 Oil prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 6,759,400 shares in 806 deals, ...

Shares in Asia-Pacific rose on Tuesday as investors reassessed the situation surrounding the omicron Covid variant. Japanese stocks led gains ...

Kenya Electricity Generating Company (Kengen) earnings from the new Ethiopian operations quadrupled from Kes 440 million last year to Kes ...

Oil prices rose on Tuesday, though investors remained worried about the rapid spread of the Omicron coronavirus variant globally, prompting ...

The yield on the three-year Treasury note was down 1.9 basis points at 0.9069% in afternoon wall street trading, while ...

IMF Deputy Managing Director and Acting Chairperson of the Executive Board, Antoinette Sayeh, said Kenya had shown remarkable resilience to ...

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures falling 3.25% to $71.13 per ...

The oil and gas rig count, an early indicator of future output, rose by three to 579 in the week ...

All eyes across global markets were on the Fed last week as the market awaited the latest policy decision and ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE), a total of 14,596,000 shares ...

Asia-Pacific markets traded mostly lower on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from ...

Kakuzi Plc is also the first organisation in sub-Sahara Africa to establish a functional Independent Human Rights Advisory Committee (IHRAC).

Benchmark Brent crude oil futures and WTI both gained around 2% on Thursday, buoyed by record U.S. implied demand.

At the end of today's trading session on the Nairobi Securities Exchange (NSE), a total of 16,958,100 shares in 893 ...

U.S. crude oil inventories sank by 4.6 million barrels in the week to Dec. 10, data from the U.S. Energy ...

Wall Street ended sharply higher on Wednesday after the Federal Reserve said it would end its pandemic-era bond purchases in ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE), a total of 16,545,600 shares in 1,004 ...

South Korea’s Kospi closed near flat to 2,989.39 during Asia's trading hours, while in Australia, the S&P/ASX 200 dipped 0.7% ...

American Petroleum Institute data showed U.S. crude oil stocks fell by 815,000 barrels in the week ended Dec. 10, according ...

The derivatives segment on the Nairobi Securities Exchange (NSE) posted gains in activity with 4 single stock futures contracts valued ...

Chinese stocks declined on Tuesday, tracking other losses in Asia-Pacific markets, as the omicron variant returned to focus. Meanwhile, bitcoin ...

Still, the Organization of the Petroleum Exporting Countries raised its world oil demand forecast for the first quarter of 2022 and stuck ...

Global markets were mixed this week, with downs at the beginning of the week with equity markets later rebounding, after ...

Elon Musk, chief executive of Tesla Inc, tweeted that he is "thinking of quitting my jobs & becoming an influencer ...

Trading on the secondary bond market on the Nairobi Securities Exchange (NSE) declined with bonds valued at Kes 1.78 billion ...

Asia-Pacific markets declined on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to ...

A stronger dollar, rising ahead of U.S. inflation data due later on Friday, also weighed on fuel prices. Oil typically ...

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 ...

Oil prices extended gains on Thursday on confidence that the omicron coronavirus variant would not dent global growth, even as some ...

Wall Street closed slightly higher on Wednesday with the three major indexes managing their third straight day of gains after ...

Compared with the previous Nairobi Securities Exchange (NSE) trading day, today's data shows a 40% decline in volume, a 44% ...

Mainland Chinese markets jumped in Asia in afternoon trade on Wednesday. Troubled Chinese real estate developers are back in the ...

Oil prices edged lower on Wednesday, reversing gains from earlier the week, as investors tried to assess the full impact of ...

Investors on wall street were also reassured by positive news about the Omicron variant of COVID-19, which had helped send ...

Compared with the previous NSE trading day (Monday, December 6), today's data shows 227% improvement in volume, 286% improvement in ...