Tag: spotlight

Stocks in Asia-Pacific largely fell on Wednesday as a surge in coronavirus cases in countries like India weighed on the ...

Oil prices edged lower for a second day on Wednesday, weighed down by concerns that surging COVID-19 cases in India ...

Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 15,533,100 shares in 1,056 deals, ...

Shares in Asia-Pacific were mixed in Tuesday trade as China kept its benchmark lending rate unchanged. Stocks in Japan led ...

The Kenya National Highway Authority (KeNHA) and China Communications Construction Company Monday signed a Kes 17.9 billion  (about 166 million ...

Gold prices slipped on Tuesday after hitting a seven-week high in the previous session, as a rise in U.S. Treasury ...

Oil prices rose on Tuesday, supported by a weaker U.S. dollar which boosts demand for dollar-denominated assets from buyers holding ...

The Minimum Tax which is calculated at the rate of 1% of gross turnover was introduced by the National Treasury ...

GameStop Corp jumped 6.3% on wall street after the announcement of its chief executive’s resignation while Harley-Davidson Inc jumped 9.7% ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 4,860,300 shares in ...

Shares in Asia-Pacific mostly rose in Monday trade, though India’s markets lagged as the country continues to see a surge ...

The Nairobi Securities Exchange (NSE) closed positive during the week, backed by local and international economic data coming from China and ...

Shares in Europe rose to follow other global markets on hopes of a strong recovery in the global economy and ...

The three main Wall Street Indices ended Friday higher for the day and week, with the S&P 500 and the ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 11,280,100 shares in ...

Liberty Kenya, a subsidiary of South Africa based Liberty Holdings, has posted a 2% decline in profit after tax to ...

Shares in Asia-Pacific edged higher on Friday as investors reacted to the release of Chinese economic data. Mainland Chinese stocks closed ...

Jubilee Holdings Limited, East Africa’s largest insurance group, has posted a profit before tax of Kes. 5.08 billion for the ...

Oil prices extended gains on Friday, recording a weekly gain of more than 6% with an improved oil demand outlook ...

The S&P 500 scored its second closing high this week, and the Dow surpassed its previous peak on April 9. ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 12,024,900 shares in 942 deals, ...

The Energy and Petroleum Regulatory Authority(EPRA) has retained Diesel, Petrol and Kerosene’s price between 15th April and May 14th, 2021. ...

 Stocks in Asia-Pacific were mixed in Thursday trade, with Australia’s jobs data for March beating expectations. In Australia, the S&P/ASX 200 gained ...

Bitcoin's price edged lower after the largest cryptocurrency reached an all-time high on Wednesday trading at around $64,717.01 hours before ...

Oil prices tumbled on Thursday after holding around one-month highs in the previous session, having surged at around 5% after ...

The Nasdaq Composite dropped 138.26 points, or 0.99%, to 13,857.84, weighed by technology-related stocks including Apple Inc, Microsoft Corp and ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 15,980,200 shares in 921 deals, ...

The share price valuation puts Coinbase at a whooping 65.3 billion U.S Dollars on listing.

Shares in Hong Kong led gains in Asia-Pacific during Wednesday trade as Chinese tech stocks listed in the city jumped. ...

However, a closer look at fuel cost tabulation indicates that taxes make up over 50 per cent of Kenya's retail ...

Oil extended gains on Wednesday during early Asian trading hours after an industry report pointed to another decline in U.S. ...

The suspension will allow for development of an Inter-County Physical and Land Use Development Plan to provide guidelines and standards ...

The S&P 500 posted 43 new 52-week highs and one new low; the Nasdaq Composite recorded 60 new highs and ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 15,035,600 shares in 952 deals, ...

Bitcoin, the largest cryptocurrency by market capitalization, surged by 3 % on Tuesday, reaching an all-time high of $62,218.94 as ...

Shares in Asia-Pacific were mixed on Tuesday, with South Korea leading major markets regionally. By end of trading on Tuesday, ...

Total SE has signed agreements with Ugandan officials for an oil development set to transform the East African nation into ...

Oil prices edged higher today amidst tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles ...

Tesla Inc rose 3.7% on wall street after Canaccord Genuity upgraded the electric-car maker’s shares to “buy,” saying the company ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 10,513,000 shares in ...

Asia-Pacific stocks mostly declined on Monday, with shares in India and China recording great losses. The losses came as the ...

Sameer Africa Plc has reported a Kes 43 million net profit during the financial year ended 30th December 2020, a ...

Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of ...

The Derivatives Market of the Nairobi Securities Exchange (NSE) closed the week with a total of 76 contracts valued at Kes. ...

Global markets hit record highs on Tuesday, supported by strong economic data from China and the US, while currency and ...

For container traffic, the Port of Mombasa recorded a positive increment of 31,261 TEUs or 30.4% to register 133,904 TEUs ...

The Nigeria Securities and Exchange Commission has banned the trading of unregistered foreign securities. In a statement issued on Thursday, ...

Wall Street's benchmarks, the S&P 500 and the Dow rose on Friday to close at record highs, posting a third ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 14,973,700 shares in ...

Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record ...

Business activity in Kenya shrank sharply in March as the hike in fuel prices and COVID-19 restrictions hit key sectors ...

Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies ...

Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 15,308,200 shares in 1,032 deals, ...

The Central Bank of Kenya (CBK) accepted bids worth Kes 81.94 Billion from the 18-year old April 2021 Infrastructure Bonds ...

Stocks in Asia-Pacific mostly rose on Thursday after the S&P 500 nudged higher to a record closing high overnight. Hong ...

The IMF has advised the Kenyan Treasury to impose a 16 per cent VAT on fuels from the current 8 ...

Safaricom’s Chief Financial Services Officer, Sitoyo Lopokoiyit, has been appointed to lead Mpesa Africa, the most successful mobile money platform ...

Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand ...

Kenya’s capital Nairobi has emerged as the most innovative city in Africa according to Horizons Report 2021/22, an annual global ...

Analysts have raised expectations for first-quarter of Wall Street's S&P 500 component earnings increase to 24.2%, according to Refinitiv IBES ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 25,224,000 shares in 1,155 deals, ...

Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, ...

Asia-Pacific markets traded mostly up Wednesday but shares on the Chinese mainland and in Hong Kong lost ground. Australia’s ASX 200 advanced ...

Spot gold was down 0.3% to $1,737.75 per ounce by 0354 GMT. U.S. gold futures slipped 0.3% to $1,738.60 per ounce.

Volume on wall street stood at 9.65 billion shares, compared with the 12.39 billion average for the full session over ...

The derivatives market of the NSE extended a further decline in Tuesday's trading session, with 5 single stock futures contracts valued ...

Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring ...

Shares in Asia-Pacific were mixed on Tuesday, after major indexes on Wall Street surged to record closing highs overnight stateside. The Nikkei 225 in ...

Kenya's national carrier Kenya Airways PLC (KQ) has announced that it will be suspending all passenger flights between Kenya and ...

Oil has recovered from historic lows last year with the support of record OPEC+ cuts, most of which will remain ...

The benchmark NSE All Share Index (NASI) closed the week at 160.68, representing a 1-week loss of 4.84%, a 4-week ...

Global markets were moving this week, with the major highlights of the holiday shortened week being the global consumer confidence ...

The Executive Board of the International Monetary Fund (IMF) approved 38-month arrangements under the Extended Credit Facility (ECF) and the ...

Microsoft, Amazon, Alphabet and Nvidia jumped 2% or more, pushing wall street S&P 500 to highs with growth stocks showing ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 16,417,600 shares in 1,050 deals, ...

Family bank has posted an 18% rise in the profit after tax to Kes 1.2 billion during the financial year ...

Shares in Asia-Pacific were higher in Thursday trade as the second quarter kicked off with several economic data releases out ...

The mortgage finance bank HF Group reported a Kes 1.7 billion net loss for 2020, from Kes 110 million net loss in ...

Eveready E. A Plc has reported a loss before tax of Kes.50 million for the financial period ended 30th September ...

Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC + ...

The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 22,981,300 shares in 1,192 deals, ...

Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March. In Japan, the Nikkei ...

Kenya has sought the Debt Service Suspension Initiative (DSSI) extension to June 2022, a one-year extension from the earlier granted ...

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with ...

Stocks on Wall Street ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit ...

Shares in Asia-Pacific were mixed on Tuesday as investors watched the movement in shares of Japanese financial services firm Nomura ...

NCBA’s full-year net profit for the year 2020 nosedived by 42% to Kes4.6 billion as the bank ramped up its ...

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has ...

Shares of Morgan Stanley were down 2.5% on Wall Street after the Financial Times reported it had also sold billions ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 16,754,100 shares in ...

Equity Group Plc registered a 51% growth in its balance sheet with total assets growing to Kes 1.015 billion during ...

Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when ...

The benchmark NSE All Share Index (NASI) closed the week at 166.48, representing a 1-week loss of 0.28%, a 4-week ...

Global markets rose during the week all through to Friday while safe havens such as the dollar and U.S. Treasuries ...

Sanlam Kenya Plc has posted a Kes 43 million pretax profit in its just-released full-year 2020 trading results, a 92% ...

The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 10,003,200 shares in ...