Tag: spotlight

The derivatives market of the Nairobi Securities Exchange had 11 single stocks futures contracts valued at Kes 298,150 transacted.

The facility will also have a Liquefied Petroleum Gas (LPG) line which is anticipated to stabilize the nation’s supply of ...

The U.S. dollar index, which measures the greenback against a basket of its peers, traded near flat at 91.058.

Drugmaker Eli Lilly climbed 5.83% after flagging positive data from a late-stage clinical trial for its experimental drug designed to ...

The derivatives market of the Nairobi Securities Exchange had 4 single stocks futures contracts valued at Kes 130,000 transacted

The two leaders will now head to Lamu County to assess the progress of the Lamu Port South Sudan Ethiopia ...

The Japanese yen changed hands at 104.20 per dollar, staying relatively flat. Elsewhere, the Australian dollar ticked up 0.47% to $0.7446.

I&M will be joining the likes of DTB, Equity and KCB Group which have presence in the country.

The S&P 500 posted 48 new 52-week highs and no new lows; the Nasdaq Composite recorded 223 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 46 single stocks futures contracts valued at Kes 1.24 million transacted.

In addition to providing immediate relief and recovery support, the platform will lay the foundation for a green and inclusive ...

Elsewhere, the Japanese yen changed hands at 104.10 per dollar, weakening from an earlier level around 103.94, while the Australian dollar fell 0.18% to ...

Large cap growth stocks, which had underperformed value stocks in recent weeks as investors looked to names likely to benefit ...

Trading on the secondary bond market at the NSE recorded a stable rise in activity with bonds worth Kes 1.73 ...

In the currency market, the U.S. dollar traded at 90.851 as of 3:34 p.m. HK/SIN against a basket of its ...

The lifting of NBV pushed the share to a high of Kes 4.30, a 505.63% gain in price from the ...

Turkish stocks, as measured by the BIST-100 Index, returned about 0.2%. Shares fell sharply on Monday but rebounded over the ...

Octagon Afya Plus also provides members with an avenue to invest and save or transfer up to 10% of their retirement ...

The S&P 500 posted 50 new 52-week highs and no new lows; the Nasdaq Composite recorded 222 new highs and ...

The derivatives market of the Nairobi Securities Exchange had 4 Safaricom single stock futures contracts valued at Kes 130,000 concluded ...

Beginning  1st  January 2021, the Corporate Tax rate will revert to 30% from the current 25%, same as Individual Income tax ...

The Japanese yen traded at 103.86 per dollar after strengthening sharply yesterday from levels above 104 against the greenback. The Australian dollar changed hands ...

During the 10 month period, Uganda was the leading source market with 60,399 arrivals, USA 53,444, Tanzania 43,649, the UK ...

The S&P 500 posted 34 new 52-week highs and no new lows; the Nasdaq Composite recorded 174 new highs and ...

It is still not known how many customers were been impacted in South Africa and also if any other country ...

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

Oil prices dipped in the afternoon of Asia trading hours, with international benchmark Brent crude futures fractionally lower at $48.21 per barrel. U.S. ...

The S&P 500 posted 18 new 52-week highs and no new lows; the Nasdaq Composite recorded 89 new highs and ...

There was one Safaricom contract expiring on 17th December, 2020, concluded during today's trading session on the derivatives segment of ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.149 following a decline ...

While the Kenya firm produces and supplies industrial, medical, and special gases, CIL’s main operating subsidiary Carbacid (CO2) Limited is ...

The S&P 500 posted 48 new 52-week highs and no new lows; the Nasdaq Composite recorded 185 new highs and ...

Equity Bank has been awarded the Best Regional Bank in East Africa, and for the second year running, the Africa ...

The derivatives market of the Nairobi Securities Exchange had one Safaricom contract expiring on 17th December concluded during today's trading ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.757 after seeing an ...

The RBA also flagged it would continue its unconventional monetary policy measures that included a term funding facility that is ...

The S&P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 167 new highs and ...

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

Alternatively, for brokers to trade they would have to have "sponsored membership" in a local market where they want to ...

The Japanese yen traded at 103.97 per dollar after strengthening from levels above 104.4 against the greenback last week. The Australian dollar changed hands ...

The service will allow customers to send money to bank accounts and mobile wallets in 15 countries, including neighboring Uganda, ...

Family Bank also signed a partnership with Performeter Agribusiness Limited setting aside Sh1 billion to fund fodder production for dairy ...

KCB Group Plc was however up with investors reacting to news of acquisitions in Rwanda and Tanzania. The share price ...

A new round of vaccine optimism and diminishing political uncertainty helped global stocks build on recent gains for the holiday-shortened ...

U.S.-listed shares of iQIYI Inc fell 1.7% after Reuters reported Alibaba Group Holding Ltd and Tencent Holdings Ltd had put ...

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

The dim performance is attributed to an increase in loan loss provisions which surged by 76% in what the lender ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.915 following its decline ...

The Group has not received any dividends from portfolio companies where the Group holds minority stakes in the six-month period ...

Manufacturing sector recorded a 7.8% growth in loan uptake, transport and communications at 21.1%, real estate 7.6%, and consumer durables ...

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

Following that announcement, the Korean won traded at 1,104.90 per dollar, as compared to an earlier low of 1,107.30 against the greenback.

With KCB's existing presence in these markets and strong banking capabilities in East Africa, the merged banks in each market ...

There are now 42 signatories to the Declaration including Standard Bank, Barclays, Banco Santander Group, the City of London, Deutsche ...

Tesla Inc, which surpassed $500 billion in market capitalization on Tuesday, extended its gain by 3.4% even after the electric-car ...

There were three Safaricom single stock futures contracts expiring on 17th December  valued at Kes 95,340 concluded on the derivatives ...

Under the Inuka SME Program, over 4,000 MSMEs have interacted with the training. The partnership will provide a hybrid targeted approach to ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.96 after seeing levels ...

The higher return is attributed to the fund’s ability to employ long/short trading models which ensures capital appreciation for investors ...

As of 30th June 2019, KenGen had an installed capacity of 1,631.1MW out of which 85% was generated through green sources, ...

Boeing Co gained after European regulators gave draft approval to its 737 MAX jets, paving the way for a formal ...

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

Investors continued to monitor positive momentum surrounding the race for a coronavirus vaccine. AstraZeneca said Monday interim analysis showed its ...

Cyclicals led gains, with energy ahead by 7.09% while industrials and financials each rose more than 1%, as data showed ...

The bonds market posted a moderate decline in turnover during today’s trading session, with bonds worth Kes 2.20 billion transacted ...

Carbacid Investment has announced a profit before tax of Kes 427 million for the year ended July 31, 2020, marking ...

Oil prices were higher in the afternoon of Asia trading hours, as international benchmark Brent crude futures rose 1.27% to ...

The secondary trading on the bond market saw a growth in activity with bonds, posting a 31.5% rise in turnover ...

The South African Reserve Bank (Sarb) left the repurchase rate (repo rate) unchanged at 3.5 percent as inflation is expected ...

Stay-at-home beneficiary Zoom Video Communications Inc provided the biggest lift to the Nasdaq.

The bonds market posted a rise in turnover during today’s trading session, with bonds worth Kes 2.44 billion transacted in ...

The dollar index, which measures the U.S. dollar against a basket of its peers, last traded at 92.213, declining from ...

The profit dip has however trimmed the bank’s earnings per share to Kes.11.13 from Kes.16.15 last year.

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

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 13,459,900 shares in 715 ...

Cooperative Bank booked a 905 increase in loan loss provision from Kes. 2.1 billion in 2019 to Kes. 4 billion.

The Japanese yen traded near flat at 103.86 against the greenback while the Australian dollar changed hands at $0.7292, dropping from earlier levels around ...

ABSA has painted a level of  uncertainty in its outlook relating to the COVID-19 pandemic where it has highlighted that it ...

The lobby group also proposes that millers and marketing agents shall be appointed by members of a coffee factory during ...

The S&P 500 posted 30 new 52-week highs and no new lows; the Nasdaq Composite recorded 142 new highs and ...

The derivatives market of the Nairobi Securities Exchange had no contracts concluded in today’s trading session.

The Japanese yen strengthened further in the afternoon, last trading at 103.85 per dollar, as compared to levels above 104.5 earlier. The Australian ...

That said, another valid reason we believe the flagship crypto valuation might certainly rise is the high global quantitative easing ...

Budget deficit in the three months that ended in September grew to Kes. 131.7 billion compared to Kes. 123.5 billion ...

Amazon.com Inc launched an online pharmacy in the United States, sending shares of rival drug retailers such as Walgreens Boots ...

The derivatives market of the Nairobi Securities Exchange had no contracts concluded in today’s trading session.

In October, news surfaced that Airbnb would list its shares on the Nasdaq, likely making it that market’s largest listing since Facebook's $16 ...

The Japanese yen traded at 104.52 against the greenback, a touch firmer as compared to Monday. The Australian dollar was at 0.7303 against the ...

Simon Property Group Inc shares jumped after the biggest U.S. mall operator cut its purchase price for an 80% stake ...

The derivatives market of the Nairobi Securities Exchange had no contracts concluded in today's trading sessio

Hong Kong’s Hang Seng index rose 0.58% in the afternoon. Casino and finance stocks listed in the city were going strong. Standard Chartered was up ...

An Etihad spokesperson said as the airline continues 'to focus on recovery and rebuilding its global network, it will continue ...

The drop in fuel costs is expected to ease rising consumer costs which surged last month owing largely to previous ...

KTDA-managed factories continue to work on improving operational efficiencies to reduce production costs through a number of initiatives.

The Derivatives Market of the Nairobi Securities Exchange closed the week higher, with a total of 20 contracts valued at ...

In what surely qualifies as some of the more encouraging news of the year, the announcement that a Pfizer vaccine ...

The derivatives market of the Nairobi Securities Exchange had 5 Safaricom single stock future's contract valued at Kes 150,000 concluded ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 92.914 following its rise ...

Equity’s asset base has expanded to Kes.933.9 billion with loans and advances to customers climbing by 30 per cent to ...

Crude oil prices reversed early gains, snapping a three-day rally on growing doubts over a near-term demand recovery and an ...