Tag: spotlight

Wall Street's Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as ...

Visa has announced the 2021 edition of the Everywhere Initiative. The initiative opens an innovation program that tasks start-ups and ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 5,708,300 shares in 944 deals, ...

The International Monetary Fund has raised Kenya’s 2021 economic growth forecast from 4.7% to 7.6% after reaching a financing agreement ...

Oil prices were down in early trade on Wednesday, extending several days of losses amid uncertainty over how much supply ...

Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as investors waited for ...

At the end of today's trading session on the Nairobi Securities Exchange  A total of 26,376,100 shares in 968 deals, ...

Oil prices rallied more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although ...

Kengen Plc, the leading electric power generation company in Kenya, recorded a decline in total revenue by 3% from Kes 22.36 ...

Unga Group says wheat prices have rallied to levels not seen in past decade due to some major exporting economies ...

At the end of the last weekday of trading on the Nairobi Securities Exchange  A total of 10,254,900 shares in ...

Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar, and expectations ...

Kenya power net profit for the six months period that ended on December 31, 2020, decreased to Kes138 million from ...

Bitcoin price went as high as $52,076.32 in the past 24 hours, after more than 13,000 BTC, worth roughly $650 million, ...

S&P 500 growth index is nearly unchanged in February, sharply underperforming the value index, which has gained more than 7%

At the end of today's trading session on the Nairobi Securities Exchange. A total of 10,648,000 shares in 800 deals, ...

Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months. The ...

Gold prices edged lower on Thursday as higher U.S. Treasury yields dented the metal’s appeal

Britam Holdings has announced the appointment of Mr Tavaziva Madzinga as the Group Managing Director of Britam Holdings Plc Group, ...

Bitcoin’s price soar from Wednesday, was sustained through early trades on Thursday after the world's largest cryptocurrency experienced a sharp ...

Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical ...

Spot gold was up 0.1% at $1,807.51 per ounce. U.S. gold futures were steady at $1,805.60.

The derivatives market of the NSE posted a decline during today’s trading session with 10 contracts valued at Kes 97,000

Oil prices fell on Wednesday after industry data showed a surprise build in U.S. crude stocks last week as a ...

Increased demand for medical gases drove up Carbacid’s six months revenue to Kes 449.7 million, a 27% improvement.

U.S. crude futures were down 0.81% at $61.17 a barrel on Wednesday during Asian trading hours, global benchmark Brent lost 0.47% ...

Bitcoin’s price tumbled on Tuesday, bringing the cryptocurrency’s decline since Sunday to slightly over 20%, as the virtual coin traded ...

The derivatives market of the NSE posted an increase during today’s trading session with 4 contracts valued at Kes 1,452,000 concluded

Shares in Asia-Pacific were mixed on Tuesday, as investors monitored technology stocks regionally after their counterparts declined on Wall Street ...

Sudan's Central bank devalued its currency on Sunday, announcing a new regime to “unify” official and black-market exchange rates

SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 1.1% to 1,115.4 tones on Monday.

Goldman Sachs Commodities Research raised its Brent crude oil price forecasts by $10 for the second and third quarters of ...

Volumes on wall street was 14.38 billion shares, compared with the 16.05 billion average for the full session over the ...

Bitcoin has seen a staggering price rally, rising from $10,000 to nearly $60,000, with just one bull market correction in ...

The derivatives market of the NSE posted a decline during today’s trading session with 20 contracts valued at Kes 293,750  concluded.

Kenya recorded a jump in the EAC intra-trade during the third quarter of 2020, as the COVID-19 pandemic paved the ...

In Asia, China kept the one-year loan prime rate (LPR) unchanged at 3.85%, largely in line with expectations of traders ...

BOC Kenya has opted not to recommend the company's takeover by Carbacid Investments to its shareholders. The decision comes after ...

Hedge funds and money managers slashed their bullish positions in COMEX gold and raised them in silver contracts last week, ...

For the first time since November, U.S. Oil drilling companies cut the number of oil rigs operating due to the ...

Visa today announced the expansion of Practical Business Skills, a global digital platform delivering free educational resources to help (SMB)

Bitcoin has made steady stream of new highs for months, with this being the highest ever to a record $58,354, ...

The Nairobi Securities Exchange (NSE) closed the week with an overall sustained bullish note pushed up by the continuous in prices ...

Global stocks set new highs again this week with a myriad of factors grabbing a piece of the spotlight, including ...

Listed publishing firm, Longhorn has posted a Kes145.33 million net loss in the half-year period ended December 31, 2020, down ...

Stocks on Wall Street closed near break-even on Friday as investors sold technology shares that have rallied through the pandemic ...

Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalization cross ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) this week. A total of ...

Bitcoin hovers around $52,000 as markets wait and see whether the current price level will be held in the next ...

Stocks in Asia-Pacific were mixed on Friday following overnight declines for the major indexes on Wall Street. In Japan, the NIkkei ...

Tobacco manufacturer British American Tobacco (BAT)  demonstrated resilience amidst the COVID-19 pandemic posting a 42% rise in the profit after ...

Bharat Thakrar, the Chief Executive Officer of listed marketing firm WPP Scangroup, and his Chief Finance Officer Satyabrata Das have ...

Oil prices slid as much as 2% in early trade on Friday, adding to overnight declines, on worries that refineries ...

Gold Fundamentals Gold prices fell to their lowest in nearly three months on Friday and headed for their worst week ...

On wall Street, of the 11 major S&P 500 sectors, only utilities and consumer discretionary rose, while real estate barely ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 12,417,200 shares in 870 ...

Stocks in Asia-Pacific were lower on Thursday, as mainland Chinese markets returned to trade after a long Lunar New Year ...

The price of bitcoin hit a record high above $52,000 on Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) was ...

Oil prices rose as much as a dollar on Thursday, extending this week’s gains and hitting 13-month highs, as a ...

Technology shares led losses on the S&P 500 and Nasdaq. Apple Inc, PayPal Holdings Inc and Nvidia Corp weighed most ...

Kenya is expected to raise its debt ceiling of kes 9 trillion to accommodate growing expenditure needs amid underperforming tax ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 15,966,600 shares in 965 ...

Stocks in Asia-Pacific were mixed on Wednesday as investors monitored bond yields following a recent rise. In Japan, the Nikkei 225 slipped ...

Bullish oil prices marked time on Wednesday, as support from supply disruptions in the U.S. south caused by an Arctic ...

Bitcoin’s price broke above $50,000 for the first time in history on Tuesday, continuing its impressive rally as major companies ...

The Dow Jones Industrial Average notched a record closing high, joining a global march propelling stock indexes to record highs ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 15,382,300 shares in 1,021 ...

Kenya's treasury aims to raise Kes 123.8 billion from sovereign bonds sold to foreigners in the next four months and ...

Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be ...

Equity Group Holdings Plc on Monday announced the appointment of Mr Yves Cuypers as the first Regional Director in charge ...

Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state ...

The International Monetary Fund (IMF) on Monday said it will soon disburse Kes 262.69 billion (USD 2.4 billion) to the ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) A total of 10,631,700 shares ...

Asian stock markets closed higher on Monday following the record closing highs on Wall Street on Friday and as a ...

The prices for Super Petrol, Diesel, and Kerosene have increased by Kes 8.19 per litre, Kes 5.51 per litre, and ...

Bitcoin on Sunday morning hit a new high of $49,716.44 a 6.2% rise from Saturday's price range. This came after ...

Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen ...

Gold eased on Monday after U.S. Treasury yields jumped to their highest in nearly 11 months in the previous session, ...

The Nairobi Securities Exchange (NSE) recorded a decline in activity during the week, with major blue-chip counters having a sustained ...

Global Markets finished modestly positive for the week on strong earnings growth and the increasing likelihood of additional fiscal stimulus. ...

Equity Banque Commercial du Congo (Equity BCDC) on Thursday launched its new identity following the successful merger of Equity Bank ...

The S&P 500 and Nasdaq set record closing highs on Friday as investors bought Bumble stock, a day after IPO, ...

Mastercard (MA), the credit-card giant company, has announced plans to give its vendors the option to receive payments in cryptocurrencies ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) A total of 9,715,300 shares ...

Kenya Electricity Generating Company (KenGen) Plc signed a Kes 709 million contract to drill three geothermal wells in Djibouti. On ...

Oil prices fell a second day on Friday, extending losses after OPEC cut its demand forecast and the International Energy ...

The Nasdaq and S&P 500 eked out modest gains on Wall Street during Thursday's session with investors betting on more ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 10,419,100 shares in 865 ...

Trading in Asia-Pacific was muted Thursday as multiple major markets in the region were closed for holidays. Hong Kong’s Hang Seng ...

Oil prices fell on Thursday, giving up some of the recent strong gains, although losses were curbed by production cuts ...

Kenya Airways has received Kes 10 billion from the National Treasury in a secret bailout. This comes as a contradiction ...

Shares in Asia-Pacific were higher on Wednesday as Chinese stocks led gains among the region’s major markets. By the market ...

Oil prices rose again on Wednesday, extending their more than week-long rally after industry data showing a fall in U.S. ...

Leading power producer, Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Kes 1,153,856,022 in dividends for the ...

MSCI’s gauge of global stocks and the Nasdaq extended their runs to fresh highs on Tuesday, and oil prices pushed ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 22,820,400 shares in 996 ...

Stocks in Asian markets mostly advanced Tuesday with Chinese mainland shares leading gains. The benchmark Shanghai composite rose 2.01% to 3,603.49 while ...

Oil prices edged up on Tuesday to their highest in 13 months as supply cuts by major producers and optimism ...

The world’s largest cryptocurrency by market capitalization, bitcoin has rallied to an all time high blowing past $45,000, $46,000 and ...

Kenya’s real estate market is projected to record positive growth this year with younger millennials and Gen-Z expected to play ...