Tag: spotlight

At the end of today's trading session on the Nairobi Securities Exchange A total of 11,820,800 shares in 840 deals, ...

Six Nairobi Securities Exchange (NSE)-listed firms have announced a delay in releasing their full-year results, citing the need for more ...

Major Asia-Pacific stock markets declined on Thursday, as Wall Street fell sharply with inflation data triggering fears of a rate hike. ...

Safaricom's board has proposed a final dividend per share (DPS) of Kes 0.92 amounting to Kes 36.86 billion for approval ...

Tesla CEO Elon Musk has announced that Tesla would be suspending the option to pay for vehicles using Bitcoin. In ...

Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the ...

Wall Street suffered the biggest slump in at least 11 weeks on Wednesday and benchmark Treasury yields jumped after data ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 11,113,200 shares in 872 deals, ...

Asia-Pacific shares were mostly down on Wednesday, as Taiwan’s markets tumbled after authorities said they may raise its COVID-19 alert ...

Sasini Plc a listed firm in the Nairobi Securities Exchange, has reported a notable rise in the six months period ...

Oil prices rose on Wednesday after a drop in U.S. crude inventories reinforced OPEC's robust demand outlook, while the market ...

The spread between benchmark two- and 10-year Treasuries on wall street also widened slightly to 146 basis points, up more ...

Most Asia-Pacific markets came under pressure on Tuesday, following a sell-off in tech stocks that weighed down major U.S. indexes overnight. ...

The Kenya Civil Aviation Authority has suspended all flights to and from Somalia. In a notice issued to airmen on ...

Oil prices fell on Tuesday as the prospect of the main U.S. East Coast gasoline pipeline remaining shut for the ...

The Dow Jones Industrial Average hit a record high on Monday on wall street on hopes that interest rates would ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 35,760,700 shares in ...

Stock markets in Asia-Pacific were broadly higher on Monday, shrugging off the weaker-than-expected April U.S. jobs reports; while oil futures ...

National carrier Kenya Airways (KQ) has signed an interline agreement with South Africa’s regional carrier, Airlink. The deal will enable ...

Ether, the second-largest cryptocurrency by market capitalization, has reached an all-time high of $4,000. As of 10.00 A.M East African ...

Crude oil prices edged higher on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in ...

Three-month copper on the London Metal Exchange touched its all-time high level of $10,660.50 a tonne earlier in Monday's early ...

Trading on the secondary bond market at the NSE posted a 18.6% rise in activity with Kes.20.5 billion worth of ...

Shares in Europe climbed on stronger-than-expected earnings results and growing confidence in a global economic recovery. In local currency terms, ...

The CBK placed Chaterhouse bank limited under statutory management after it violated sections of the Banking Act relating to lending

For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its ...

Global payments giant, Visa, has partnered with Tala, a mobile lending service in emerging markets, with a particular focus in Kenya, ...

The derivatives market of the NSE posted a decline in activity during today’s trading session, with 34 single stock futures contracts valued at ...

In Asia, Chinese mainland shares were unable to hold on to earlier gains: The Shanghai composite closed down 0.65% at 3,418.87 while ...

The Capital Markets Authority (CMA) has granted approval to Crown Paints Kenya Plc to undertake a rights issue to raise ...

Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United ...

Spot gold was up 0.3% at $1,820.35 per ounce by 0524 GMT, after hitting its highest since Feb. 16 earlier ...

The Dow Jones Industrial Average rose 0.92% to end at 34,545.11 points, while the S&P 500 gained 0.82% to 4,201.58. ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 17,803,700 shares in 992 deals, ...

Asia-Pacific stock markets traded mixed on Thursday as investors look ahead to the U.S. jobs report due later this week ...

KCB Group PLC has issued a notice to Tanzania’s Fair Competition Commission (FCC) of its intention to acquire entire shares ...

KRA recorded improved collection in all revenue streams where Customs & Border Control net the taxman Kes. 54 billion against ...

Wall Street’s main indexes and the Dow hit a record high on Wednesday, as growth stocks bounced from a steep ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,540,900 shares in 955 deals, ...

The Capital Markets Authority (CMA) is considering lowering fees for listing on the Nairobi Securities Exchange (NSE) to attract more ...

Australian shares rose on Wednesday while some of the other major Asia-Pacific markets are closed for the day. The benchmark ASX ...

Oil prices edged higher on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell ...

Kenya and Tanzania have signed a multimillion-dollar deal for a gas pipeline that will run between the coastal cities of ...

The Nasdaq ended sharply lower on Tuesday as investors dumped mega-cap growth stocks to seek shelter in more defensive parts ...

Allianz, one of the world's leading insurers and asset managers has completed the acquisition of a 66% stake in Jubilee ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 14,311,000 shares in 987 ...

Stocks in Asia-Pacific were mixed in Tuesday afternoon trade with major markets in Japan and China still closed for holidays. ...

I&M Holdings has completed 90% ownership in Orient Bank, a licensed and well-established bank in Uganda. I&M Holdings PLC and ...

Oil prices added to overnight gains on Tuesday, as more U.S. states eased lockdowns and the European Union sought to ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 5,630,300 shares in ...

Asian stock markets are mostly lower on Monday, following broadly negative cues from Wall Street on Friday. The markets are ...

Ether  (ETH), the second-largest cryptocurrency by market capitalization, went above $3,000 Sunday for the first time in history. At press ...

Gold prices ticked up on Monday, supported by a muted dollar ahead of a series of U.S. data, while auto-catalyst ...

Oil prices fell on Monday as a fatal second wave of a coronavirus epidemic hit India cutting short the demand ...

Safaricom had Kes.1.9 billion worth transacted on the NSE, translating to a whooping 79.05% of the week’s total turnover on ...

Core eurozone bond yields trended higher compared to other global markets amid concerns that the U.S. Federal Reserve might consider ...

Homeboyz instituted some cost-cutting measures which resulted in a 49% drop in direct costs and a 63% drop in administrative expenses.

Wall Street ended lower on Friday, with Apple, Alphabet and other tech-related companies weighing on the S&P 500 and Nasdaq ...

At the end of the last weekday of trading on the Nairobi Securities Exchange this week. A total of 13,379,900 ...

Asia-Pacific markets struggled for gains Friday as investors turned cautious, despite a positive finish stateside in the previous session. Australia’s ASX ...

Standard Group Plc Posted a loss before tax of Kes 434 million during the financial period ended 31st December 2020, ...

Oil prices slipped on Friday after touching their highest in six weeks as concerns of wider lockdowns in India and ...

Wall Street's S&P 500 and Nasdaq indexes hit record levels on Thursday after stellar earnings from Apple and Facebook powered ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 15,202,300 shares in 1,033 deals, ...

Stocks in Asia-Pacific mostly rose in Thursday trade, as investors reacted to the U.S. Federal Reserve’s decision to keep its easy money policy ...

Britam Holdings Plc has reported a net loss of Kes 9.1 billion for the financial period ended 31st December 2020, ...

Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer ...

The value of NMG’s total assets decreased to Kes11.82 billion at the end of 2020 from Kes12.1 billion at the ...

Boeing Co fell 2.9% on wall street after posting a wider-than-expected quarterly loss and pausing 737 MAX deliveries over an ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 15,524,400 shares in 836 deals, ...

The government has stated it will ensure Kenya Power pays its debt to KenGen and other power producers. This comes ...

Shares in Asia-Pacific were mixed on Wednesday; however, already-high valuations ahead of the U.S. Federal Reserve’s latest policy decision capped ...

Ethereum, the second-largest cryptocurrency by market capitalization, was up on Wednesday, trading around $2,589.10 as of 10.00 A.M  East African ...

Oil prices edged lower on Wednesday with a rapid spread of COVID-19 infections in India, a bigger-than-expected build in U.S. ...

Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 18,300,200 shares in 970 deals, ...

Shares in Asia-Pacific were lower in Tuesday trading as concerns about the pandemic continued to linger. In Japan, the Nikkei 225 shed ...

The S&P 500 and Nasdaq closed at record highs on Monday, fueled by Tesla Inc and other heavyweight growth stocks ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 12,204,800 shares in ...

For the first time in six days, Bitcoin rose past $52,000 as bulls pushed prices higher in early Asia trading ...

Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though ...

Digital mobile lenders will have six months to be licensed by the Central Bank of Kenya (CBK) if Parliament adopts ...

On Monday, oil prices fell on fears that surging COVID-19 cases in India will drive down fuel demand in the ...

The NSE 20  share index shed 5.29 points or 0.28% while the NSE 25 share index was up by 0.13 ...

Despite a brief global markets rally on Thursday, it was a disappointing week for Japanese equity markets—weighed down by weakness ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 10,296,000 shares in ...

Stocks in Asia-Pacific were mixed on Friday, with the price of bitcoin tumbling below $49,000. The Nikkei 225 in Japan fell ...

Kenya's national carrier Kenya Airways Plc and DR Congo national carrier have signed a partnership agreement. The partnership, which was ...

Oil prices rose on Friday on hopes of a fuel demand recovery in the United States and Europe as economic ...

Wall Street was mixed on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 10,457,000 shares in 947 deals, ...

Market performance at the Nairobi Securities Exchange has shown considerable improvement on both equities and bonds according to data from ...

Stocks in Asia-Pacific rose on Thursday, with Japanese shares leading gains among the region’s major markets. The Nikkei 225 in Japan jumped ...

Absa Group has announced the resignation of the Group Chief Executive Daniel Mminele. In a statement issued by the group, ...

Libya’s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it ...

Gold prices rose on Thursday to hover near an eight-week high touched in the last session, as a sagging dollar ...

BOC Kenya, which produces and distributes industrial and medical gases throughout the East African region, has posted impressive results for ...

Wall Street rebounded on Wednesday after a two-day decline in a broad rally as a tilt toward stocks poised to ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 33,717,000 shares in 1,261 deals, ...

Traders will now be able to buy and sell derivative contracts on the NSE derivatives market through an online platform after EGM ...