Tag: spotlight

Mainland Chinese stocks were higher on the day, with the Shanghai composite up 0.84% to 3,596.22 while the Shenzhen component advanced 1.58% to 15,269.27. ...

“The Relative Strength Indexes (RSI’s) on both contracts were in overbought territory, indicating a correction was on its way,” said ...

Turkish stocks, as measured by the BIST-100 Index, returned about -1.0%. T. Rowe Price sovereign analyst Peter Botoucharov has been ...

The Dow Jones Industrial Average fell 177.26 points, or 0.57%, to 30,814.26, the S&P 500 lost 27.29 points, or 0.72%, ...

The derivatives market of the NSE posted an exponential growth in activities, with 64 contracts concluded valued at Kes 1.93 ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.409 following an earlier ...

“China, the global engine of oil demand growth, is wrestling with fresh COVID outbreaks,” it said.

Investors were waiting for the earnings season to kick into full swing with results from JPMorgan, Citigroup and Wells Fargo ...

The derivatives market of the NSE posted an exponential growth in activities, with 30 contracts valued at Kes 851,925 concluded

China’s exports rose 18.1% in December as compared with a year earlier, according to customs data released Thursday.

A hefty COVID-19 relief package, which U.S. President-elect Joe Biden is due to unveil on Thursday, also kept losses in ...

Earnings reports from big U.S. banks including JPMorgan and Citigroup were also on investors minds as they will mark the ...

The derivatives market of the Nairobi Securities Exchange had 7 single stock futures contracts valued at Kes 199,140 concluded.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 89.90 following an earlier high ...

Prices are shrugging off the latest developments in Europe and the United States where death tolls and new infections keep ...

The S&P 500 posted 87 new 52-week highs and no new lows; the Nasdaq Composite recorded 307 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 5 single stock futures contracts valued at Kes 182,000 concluded

MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.26%.

Declining issues outnumbered advancing ones on the NYSE by a 1.53-to-1 ratio; on Nasdaq, a 1.17-to-1 ratio favored decliners

The secondary bond market of the Nairobi Securities Exchange posted a decline in activity during Monday’s trading session with bonds ...

Mexican stocks, as measured by the IPC Index, returned about 6%. Shares were lifted in part by strength in U.S. ...

Electric car-maker Tesla Inc jumped 7.8%, taking its market capitalization to more than $800 billion for the first time ever. ...

The derivatives market of the Nairobi Securities Exchange had 4 single stock futures contracts valued at Kes 38,800 transacted. This ...

Russia and Kazakhstan will collectively increase their output by 75,000 bpd while the rest of the group will hold output ...

The Japanese yen traded at 103.93 per dollar after weakening from levels below 103.2 against the greenback yesterday. The Australian dollar changed hands at ...

The derivatives market of the Nairobi Securities Exchange had 10 single stock futures contracts valued at Kes 364,870 transacted.

Mainland Chinese stocks saw gains on the day, with the Shanghai composite up 0.71% to 3,576.20 and the Shenzhen component rising 1.111% to 15,356.40. ...

Overall, the global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout ...

Shares in Canadian marijuana producer Tilray soared more than 24 percent before closing up 13 percent to $10.77. In after ...

The derivatives market of the Nairobi Securities Exchange had 5 single stock futures contracts valued at Kes 75,920 transacted

Markets across Asia-Pacific were mixed on Wednesday, as developments turned the focus on Chinese tech giants and regional energy stocks. ...

Meanwhile U.S. crude oil inventories dropped by 1.7 million barrels in the week to Jan. 1 to 491.3 million barrels, ...

The S&P 500 posted 19 new 52-week highs and no new lows; the Nasdaq Composite recorded 117 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 5 East African Breweries Plc single stock futures contracts valued at ...

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 0.12% to $51.03 per ...

Data obtained from Whale Alert, a crypto analytic tracker, revealed that an unknown BTC whale transferred 7,500 BTC worth $238,801,020 ...

England went into a new lockdown on Monday as its Covid-19 cases surged following the emergence of a more transmissible ...

Shares of FLIR Systems Inc jumped about 19% after Teledyne Technologies Inc agreed to buy the thermal imaging camera supplier ...

Only sixteen of the 69 factories that are managed by KTDA would be paying less than Kes. 10M every year.

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

Mainland Chinese stocks rose on the day: The Shanghai composite gained 0.86% to 3,502.96 while the Shenzhen component soared 2.466% to 14,827.47.

Investor sentiment and the lira currency also benefited from the central bank’s recent action on interest rates. Following the December ...

Gold prices gained as safe-haven metal notched its best year in a decade due to economic uncertainties caused by the ...

There were no contracts concluded during today’s trading session on the derivatives market.

The Authority will continue engaging issuers, stakeholders and partners to build on the progress made while ensuring that the governance ...

Mainland Chinese stocks surged on the day: the Shanghai composite climbed 1.72% to 3,473.07 while the Shenzhen component gained 1.895% to 14,470.68. The Hang Seng ...

Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a ...

Volume on US exchanges was 9.57 billion shares, compared with the 10.93 billion average for the full session over the ...

The world's most popular cryptocurrency was last up 2.3 percent at $28,012.

There were no contracts concluded during today's trading session on the derivatives market. 

China’s 2019 GDP growth was revised downward to 6.0%, according to a statement released Wednesday by the country’s National Bureau ...

Intel Corp jumped after Reuters reported activist hedge fund Third Point LLC is pushing the chipmaker to explore strategic options, ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 5,381,200 shares in 710 ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.69% to ...

The derivatives market of the Nairobi Securities Exchange had 5 single stocks futures contracts valued at Kes 46,000 concluded. This ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.093 after declining from levels ...

The NSE 20 and the NSE25 share indices have shed up-to 30.7% and 18.44% respectively in year to date performance.

Russian stocks declined early in the week amid worsening sentiment toward riskier asset classes and on news that the U.S. ...

The move came after President Donald Trump slammed the $900 billion bill, calling it an unsuitable “disgrace” because it calls for $600 ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 13,123,900 shares in 625 ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 0.29% to $51.35 per ...

Brent crude futures dropped 0.6 percent to $49.78 a barrel and US crude futures fell 0.74 percent to $46.68. Gold ...

The derivatives market of the Nairobi Securities Exchange had 15 single stocks futures contracts valued at Kes 168,875 concluded.

Equity has accelerated its technology capability to deliver self-service banking across its markets through mobile banking, Agency banking as well ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 90.445 following an ...

“The price cuts are permanent, effective from January 1, 2021 and will enable more than 26.8 million customers to continue ...

The S&P index recorded 19 new 52-week highs and no new lows, while the Nasdaq recorded 278 new highs and ...

The Derivatives Market had 5 contracts worth Kes.185,000 transacted in today’s trading session. Five KCB contracts worth Kes.185,000 expiring in ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.224 after seeing an ...

The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 182 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 5 single stocks futures contracts valued at Kes 46,050 transacted.

Oil prices fell in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 3.23% to $50.57 ...

The derivatives market of the NSE posted a moderate growth in activity, with 168 contracts valued at Kes.3.5 million concluded

Global markets edged higher last week, with all major benchmark global indices hitting fresh all-time highs. Fiscal-stimulus optimism in the ...

The Dow Jones Industrial Average fell 124.32 points, or 0.41%, to 30,179.05, the S&P 500 lost 13.07 points, or 0.35%, ...

Mr. Ngugi said the Company will also intensify the use of Live–Line technology for planned maintenance programmes for enhanced customer ...

The derivatives market of the Nairobi Securities Exchange had 15 single stocks futures contracts valued at Kes 167,850 transacted

The U.S. dollar index, which tracks the greenback against a basket of its peers, last traded at 89.945 after weakening ...

The platform will enable unlisted commercial banks, cooperative societies and private companies access the benefits of an efficient over the ...

Advancing issues outnumbered declining ones on the NYSE by a 1.94-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored advancers

Secondary bond market on the Nairobi Securities Exchange posted a decline in activity during Thursday's session with bonds worth Kes ...

Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures up 1.23% to ...

Southwest Airlines Co fell 1.5% after flagging a higher cash burn in the fourth quarter, as well as increased trip ...

The derivatives market of the Nairobi Securities Exchange had 21 single stocks futures contracts valued at Kes 496,500 transacted

The Japanese yen traded at 103.40 per dollar, having seen levels around 104.1 against the greenback yesterday. The Australian dollar was at $0.7565 after ...

FDI contributed 62,876 jobs in Uganda accounting for (18.2%) of total jobs created, while FDI into Tanzania created 46,765 jobs ...

Volume on U.S. exchanges was 10 billion shares, compared with the 11.5 billion average for the full session over the ...

The derivatives market of the Nairobi Securities Exchange had 20 single stocks futures contracts valued at Kes 304,100 transacted.

The Japanese yen traded at 104.05 per dollar after seeing levels below 103.8 against the greenback yesterday. The Australian dollar changed hands at $0.7526 ...

Electric-car maker Tesla Inc rallied almost 5% as anticipation of its addition to the S&P 500 benchmark next week offset ...

The derivatives market of the Nairobi Securities Exchange had 21 single stocks futures contracts valued at Kes 412,150 transacted.

BOC Holdings supports the intended offer and has issued an irrevocable undertaking to sell its 65.38%stake in BOC Kenya.

shares in Australia edged higher, with the S&P/ASX 200 up around 0.5%. MSCI’s broadest index of Asia-Pacific shares outside Japan ...

The Derivatives Market of the Nairobi Securities Exchange closed the week higher, with a total of 117 contracts valued at ...

Stocks in Brazil, as measured by the Bovespa Index, returned about 1.2%. Early in the week, Brazil reported that inflation ...

Volume on U.S. exchanges was 9.92 billion shares, compared with the 11.48 billion average for the full session over the ...

The secondary bond market on the Nairobi Securities Exchange posted growth in activity during Friday's session with bonds worth Kes ...

Oil prices rose during Asia trading hours on Friday: U.S. crude futures were up 0.73% at $47.12 a barrel. Global benchmark Brent rose 0.72% ...

Musungu was previously the general manager for GlaxoSmithKline Kenya and East Africa Business.

equities moved well off lows that saw the S&P 500 down as much as 0.75% after U.S. Treasury Secretary Steven ...