Tag: spotlight

Asian markets opened higher on Friday after U.S. equities rose as investors weighed the outlook for economic growth and inflation ...

Diamond Trust Bank’s (DTB) net profit for the year that ended on 31st December 2020 dipped by 51% to Kes3.5 ...

An end-of-quarter rebalancing of investment portfolios by institutional investors added to another mostly seesaw session in which the major Wall ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 13,353,900 shares in 948 deals, ...

Standard Chartered Bank Kenya has posted a 34% decline in its full-year net profit for the year that ended on ...

Shares in major Asia-Pacific markets were mixed on Thursday, though tech stocks in the region took a hit following a ...

Bitcoin (BTC) declined on Thursday, as the rally recorded yesterday when Elon Musk announced that the company would start accepting ...

Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug ...

On Wall Street, the Dow Jones Industrial Average fell 3.09 points, or 0.01%, to 32,420.06. The S&P 500 lost 21.38 ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 17,584,300 shares in 1,053 deals, ...

WPP Scangroup’s founder and long-serving chief executive, Bharat Thakrar, has resigned from his position as company's chief executive officer. Mr ...

Absa Bank Kenya PLC posted a normalised profit after tax for the period ended December 2020 of Kes 6.5 billion ...

Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong ...

Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow ...

The Central Bank of Kenya (CBK) on Tuesday announced the extension of the loan repayment measures put in place for ...

The benchmark wall street's S&P 500 and the blue-chip Dow have rallied about 80% from their pandemic lows of a ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 26,082,100 shares in 945 deals, ...

Umeme Limited, the largest electricity distributor in Uganda, has recorded a sharp decline in net profit after a challenging financial ...

Shares in major Asia-Pacific markets slipped on Tuesday, weighed by Chinese markets as investors took profit on a recent rally ...

Bitcoin (BTC) was trading around $54,680 as of 12:50 UTC (8:50 p.m. ET), after falling late Monday to around $53,715, the ...

Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts ...

Wall Street rallied as technology stocks rebounded. Tesla jumped after a fund run by an influential investor in the electric-car ...

At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 15,371,200 shares in ...

Asian shares were mixed Monday as the U.S. Federal Reserve’s announcement shook sentiment that it would end some emergency measures put ...

Britam Holdings is looking forward to sell part of its 48.2 % stake in mortgage financier HF Group  to one ...

Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. ...

Central Bank of Nigeria has said the country’s citizens were free to use bitcoin and other cryptocurrencies and that all ...

Concerns that developments in Turkey would threaten gold financial markets strengthened the dollar, making gold expensive for non-U.S. investors.

The benchmark all share index of the Nairobi Securities Exchange gained by 3% during the week to close the week ...

Major Global market indices continued their gaining streak this week, with some touching record highs early in the week, some ...

At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 11,250,000 shares in ...

KCB Group, East Africa's largest commercial bank, expects the proportion of loans it restructured last year to fall by half ...

Asia-Pacific markets mostly fell Friday as investor sentiment turned cautious, following an overnight selloff stateside. Australian shares traded lower, with ...

Kakuzi Plc, a Kenyan agricultural listed at both the Nairobi Securities Exchange(NSE) and the London Stock Exchange, has reported a ...

Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a ...

The Co-operative Bank of Kenya Group 2020 full year net profit declined by 23.8% to stand at Kes. 10.9 billion ...

Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries ...

Bitcoin's price spiralled on Wednesday as the cryptocurrency continues to receive support from investors amidst the Feds Reserve decision to ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 7,092,200 shares in 845 deals, ...

Asia-Pacific markets broadly advanced Thursday as investors cheered after the U.S. Federal Reserve’s policymaking committee overnight voted to keep short-term ...

Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase ...

KCB Group Plc has posted a net profit of Kes.19.6 billion for the financial year ended 31st December 2020. This ...

Visa Inc, a multinational financial services corporation, is planning to enter the cryptocurrency business to capture the business opportunity of ...

It was the first time the Dow closed above 33,000 points after the Federal Reserve issued a report that they ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 8,686,700 shares in 772 deals, ...

In FY20, Safaricom paid Kes98 billion in duties and taxes, in addition to Kes 20 billion in dividends to the ...

Oil prices climbed on Wednesday as investors weighed a recovery in U.S. refinery activity as industry data showed U.S. crude ...

The Capital Markets Authority (CMA) has set a July 1 deadline for coffee brokers to get new licences under rules ...

KCB Group, the country’s largest and most profitable lender, has secured a US$ 150 Million credit facility to enable it ...

Wall Street’s S&P 500 index ended lower on Tuesday and a gauge of global equities was close to flat as ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 18,283,800 shares in 947 deals, ...

Kenyan households are set for tough times as electricity bills are expected to rise in the March 2021 review. Electricity ...

Asia-Pacific markets mostly edged higher Tuesday following a relatively subdued start to the global trading week as investors look ahead ...

Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States ...

Bitcoin extended it's decline on Tuesday as a rally that took it past $61,000 over the weekend unwounded, reminding investors ...

Henry Rithaa, CEO of Micro and Small Enterprises Authority, the organization wants to achieve 5 million jobs through various sectors. ...

The S&P 500 and Dow Jones Industrial Average closed at a record highs on Monday, as investors eyed an economic ...

At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 12,335,800 shares in ...

Oil prices rose Monday during Asian trading hours on the back of growing optimism around demand recovery. On the supply ...

Super Petrol prices rose by Kes 7.63 to retail at Kes 122.81 per litre following the latest Energy and Petroleum ...

Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major ...

Bitcoin, however, has more than doubled in 2021, following high-profile endorsements this year from the likes of Tesla's Elon Musk, Twitter's ...

Liberty Holdings Plc was the week's top gainer on the NSE, adding 19.06% in shareholder returns to close the week ...

The derivatives market of the Nairobi Securities Exchange recorded a marginal rise in activity during today’s trading session, with 2 single ...

In Asia, the Hang Seng Index fell 2.2 per cent, upending a three-day rally while benchmarks in mainland markets fluctuate ...

Brent crude prices eased on Friday but hovered near $70 a barrel as production cuts by major oil producers constrained ...

Gold prices inched up on Friday and were on course to mark their best week in seven, as easing U.S. ...

Wall Street major indices, the S&P 500 and the Dow closed at all-time highs on Thursday as worries about rising ...

At the end of today's trading session on the Nairobi Securities Exchange A total of 16,376,700 shares in 773 deals, ...

Asia-Pacific markets traded broadly higher Thursday, following a relatively strong finish on Wall Street overnight after U.S. lawmakers passed a $1.9 ...

Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although ...

Bitcoin, the world's largest cryptocurrency by market capitalization, has gained for a sixth straight day, extending its longest winning streak ...

Google has notified all YouTube Content Creators that they will be subject to Withholding tax from their monthly earnings from June 2021. ...

The African Development Bank has been ranked as the world’s Best Multilateral Financial Institution for 2021 by the world-renowned American ...

The derivatives market of the NSE recorded a decline in activity during today's trading session, with 29 single stock futures ...

The Kenya Power and Lighting Company ( KPLC) has recorded a loss after tax of Kes.0.94 billion compared to a ...

Asia-Pacific markets traded mixed as stocks in Australia, Japan and South Korea struggled to hold onto earlier gains. Investors overnight returned ...

Oil prices fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data ...

South Africa’s (SA) economy contracted the most since 1946 as restrictions to curb the spread of the coronavirus pandemic ravaged ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 18,277,600 shares in 1,026 deals, ...

The Kenya Red Cross, the largest humanitarian organization in Kenya in conjunction with the Danish Red Cross and Grassroots Economics, ...

Asian stock markets traded mixed Tuesday after starting the week by struggling for gains in what some analysts have described ...

The African Development Bank (AfDB) has approved two grants for research that will increase African women’s access to a range ...

Oil prices recorded a rise on Tuesday on expectations of a recovery in the global economy after the U.S. Senate ...

On Wall Street, the Dow hit a record intra-day high but the big tech stocks that have led Wall Street ...

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 16,051,200 shares in ...

Monday’s session in Asia-Pacific followed a wild day in U.S. markets last Friday, where stocks roared back from a sharp ...

Standard and Poor’s (S&P)  has downgraded Kenya’s sovereign rating to ‘B’ from ‘B+’ despite a deal with the International Monetary ...

Saudi Arabia’s ministry said a petroleum tank farm at one of the world’s largest oil shipping ports was attacked by ...

South African based Liberty Holdings, and the largest shareholder in Liberty Kenya, plans to increase its ownership in Liberty Kenya ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 8,685,200 shares in ...

Stanbic Holdings Plc net profit for the year that ended on December 31, 2020, dropped by 19% to Kes 5.2 ...

Bitcoin’s price fell by the most in a week after U.S. Federal Reserve Chair Jerome Powell acknowledged he “would be ...

Oil prices rose more than 1% on Friday, extending gains from the previous session after OPEC and its allies agreed ...

Kenya’s Public Debt Stock is forecasted to reach Kes 7.8 trillion at the end of the 2020/21 fiscal year and ...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 16,134,900 shares in 988 deals, ...

Shares in Asia-Pacific slipped in Thursday trade, with technology stocks in the region falling sharply. In Japan, the Nikkei 225 fell 2.13% ...

Bitcoin rose 5% on Wednesday to just above $50,000. Traders are now speculating whether the move represents a resumption of ...

Equity Bank has announced plans to lend Kes 75 billion to Small and Medium Enterprises (SMEs) at concessionary terms, at ...

Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing ...