Market Report; February 01, 2022
Car and General Plc saw its shares decline by 8.89% during Tuesday’s trading session on the Nairobi Securities Exchange (NSE). Volumes on the stock however remained low, with only 600 shares traded on the counter.
Car and General Plc saw its shares decline by 8.89% during Tuesday’s trading session on the Nairobi Securities Exchange (NSE). Volumes on the stock however remained low, with only 600 shares traded on the counter.
The derivatives of the NSE posted a decline in activity, with 11 futures contracts valued at Kes 321,200 concluded by the close of Monday’s trading session.
The derivatives market of the NSE saw an increase in activity compared to Thursday’s trading with 6 single stock futures valued at Kes 215,980 concluded.
Shares in Asia-Pacific were mostly higher in Wednesday trade as investors continued to assess the impact of the omicron Covid variant. Hong Kong’s Hang Seng index gained 0.34% as of its final hour of trading, paring earlier gains of more than 1%. Mainland Chinese stocks closed mixed, with the Shanghai composite slipping slightly to 3,622.62 and the Shenzhen component advancing 0.697% …
Asia Stocks Mostly Rise as Investors Assess Omicron Variant Risk Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 6,759,400 shares in 806 deals, corresponding to a market value of KES 230,030,554.00, were traded. Compared with the previous NSE trading day (Monday, December 20), today’s data shows 48% decline in volume, 57% decline in turnover, and 4% decline in …
Shares in Asia-Pacific rose on Tuesday as investors reassessed the situation surrounding the omicron Covid variant. Japanese stocks led gains regionally, with the Nikkei 225 in Japan rising 2.08% on the day to 28,517.59 while the Topix index advanced 1.47% to 1,969.79. South Korea’s Kospi climbed 0.41% to close at 2,975.03. Mainland Chinese stocks closed higher, with the Shanghai composite up …
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 16,722,100 shares in 1,131 deals, corresponding to a market value of KES 679,056,177.00, were traded. Compared with the previous NSE trading day (Thursday, December 2), today’s data shows 1% decline in volume, 28% improvement in turnover, but 15% …
Asia-Pacific stocks were mixed on Friday, following days of turbulent trading this week as investors continue to monitor the situation surrounding the omicron Covid variant. Chinese tech stocks in Hong Kong plunged after ride-hailing giant Didi announced Friday that it will begin taking steps to delist from the New York Stock Exchange — less than six months after it made …
Asian Markets Mixed, Chinese Tech Stocks in Hong Kong Drop Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 16,903,500 shares in 1,330 deals, corresponding to a market value of KES 532,185,144.00, were traded. Compared with the previous NSE trading day (Wednesday, December 1), today’s data shows 5% improvement in volume, 7% decline in turnover, but 23% improvement in …
Stocks in Asia-Pacific struggled for direction on Thursday, as concerns over the economic impact of the omicron Covid variant continue to weigh on investor sentiment. Hong Kong’s Hang Seng index rose 0.55% to close at 23,788.93, reversing earlier losses. Shares of Razer in the city, however, dropped 7.87% on the day. The company said a consortium has offered to take …
Asian Pacific Stocks Mixed, Razer Shares Plunge in Hong Kong Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 16,058,800 shares in 1,078 deals, corresponding to a market value of KES 570,269,030.00, were traded. Compared with the previous NSE trading day (Tuesday, November 30), today’s data shows 43% decline in volume, 50% decline in turnover, and 19% decline in …
At the end of today’s trading session on the Nairobi Securities Exchange A total of 28,282,200 shares in 1,324 deals, corresponding to a market value of KES 1,138,832,773.00, were traded. Compared with the previous NSE trading day (Monday, November 29), today’s data shows 18% improvement in volume, 76% improvement in turnover, and 12% improvement in …
Major Asia-Pacific markets fell in Tuesday trade as investors in the region continued to track developments surrounding the omicron variant. Major markets in the region fell after Moderna CEO Stephane Bancel told the Financial Times that he expects existing vaccines to be less effective against the new variant. Bancel told CNBC on Monday that it could take months to develop …
Asia-Pacific Stocks Fall Amid Renewed Covid Uncertainty; Oil Drops 3% Read More »
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 23,949,600 shares in 1,181 deals, corresponding to a market value of KES 645,628,212.00, were traded. Compared with the previous NSE trading day (Friday, November 26), today’s data shows 65% decline in volume, 74% decline in turnover, and 3% …
Major markets in Asia-Pacific largely fell on Monday as investors continue to monitor developments surrounding the recently discovered omicron Covid variant. Hong Kong’s Hang Seng index slipped 0.95% to close at 23,852.24. Hong Kong-listed shares of Chinese tech giant Meituan lost 7% after the firm on Friday posted a loss of about 10 billion Chinese yuan ($1.56 billion) for …
Asian Markets Mostly Fall, Investors Watch Out for the Omicron Variant Read More »
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 68,021,400 shares in 1,213 deals, corresponding to a market value of KES 2,501,308,775.00, were traded. Compared with the previous NSE trading day (Thursday, November 25), today’s data shows 72% improvement in volume, 64% improvement in turnover, but 6% …
Shares in Asia-Pacific dropped on Friday, with stocks in Hong Kong and Japan leading losses regionally as fears of a new Covid variant weighed on investor sentiment. World Health Organization officials said Thursday they are monitoring a new variant with “a large number of mutations.” A special meeting is scheduled for Friday to discuss its implications …
Asia-Pacific Markets Slip Amid Renewed Covid Fears as New Variant Emerges Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 39,505,200 shares in 1,284 deals, corresponding to a market value of KES 1,522,818,731.00, were traded. Compared with the previous NSE trading day (Wednesday, November 24), today’s data shows 26% improvement in volume, 59% improvement in turnover, and 31% improvement in …
Shares in Asia-Pacific were mixed on Thursday as investors reacted to the Bank of Korea’s rate decision. South Korea’s Kospi dipped 0.47% to close at 2,980.27 after the Bank of Korea raised its policy rate by 25 basis points to 1%, a move that was largely expected by analysts in a Reuters poll. Following the decision, the Korean won traded 1,189.89 …
Asia-Pacific Stocks Mixed; Bank of Korea Announces Rate Hike Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 31,376,400 shares in 980 deals, corresponding to a market value of KES 960,661,364.00, were traded. Compared with the previous NSE trading day (Tuesday, November 23), today’s data shows 163% improvement in volume, 145% improvement in turnover, and 6% improvement in …
Shares in Asia-Pacific were mixed on Wednesday, with Japanese stocks leading losses regionally. The Nikkei 225 in Japan fell 1.58% to close at 29,302.66 while the Topix index declined 1.16% to 2,019.12. Markets in Japan were closed on Tuesday for a holiday. South Korea’s Kospi dipped 0.1% on the day to 2,994.29. Hong Kong’s Hang Seng index rose 0.54% as of …
Asian Markets Mixed, New Zealand Dollar Falls after Central Bank Announces Rate Hike Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 11,929,500 shares in 923 deals, corresponding to a market value of KES 391,616,835.00, were traded. Compared with the previous NSE trading day (Monday, November 22), today’s data shows 36% decline in volume, 33% decline in turnover, and 8% decline in …
Shares in Asia-Pacific were mixed on Tuesday as investors watched for market reaction to U.S. President Joe Biden picking Jerome Powell for a second term as Federal Reserve chair. Hong Kong’s Hang Seng index declined more than 1% as of its final hour of trading. Mainland Chinese stocks closed mixed, with the Shanghai composite up 0.2% to 3,589.09 while the Shenzhen component slipped 0.371% to 14,905.13. …
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 18,614,400 shares in 1,004 deals, corresponding to a market value of KES 585,806,644.00, were traded. Compared with the previous NSE trading day (Friday, November 19), today’s data shows 35% decline in volume, 31% decline in turnover, and 22% …
Shares in Asia-Pacific were mixed on Monday as China kept its benchmark lending rate unchanged. The Hang Seng index in Hong Kong dipped 0.39%, closing at 24,951.34. Hong Kong-listed shares of JD.com and NetEase gained 1.93% and 3.02%, respectively, following a Friday announcement that the two stocks are set to be included in the benchmark Hang Seng index from Dec. 6. In mainland …
Asia-Pacific Stocks Mixed; JD.com, Netease Shares in Hong Kong Jump Read More »
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 28,570,100 shares in 1,289 deals, corresponding to a market value of KES 849,668,934.00, were traded. Compared with the previous NSE trading day (Thursday, November 18), today’s data shows 193% improvement in volume, 150% improvement in turnover, and 41% …
Asian markets were mainly lower on Friday as Hong Kong shares slumped, extending losses from the previous session as some of China’s biggest tech names remained under pressure. The benchmark Hang Seng index declined 1.07% to 25,049.97 while the tech-focused Hang Seng tech index dropped 0.26% to 6,457.97. Alibaba shares listed in Hong Kong dropped more than 10% …
Asian Markets Edge Lower, Hong Kong Shares Extend Losses Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 9,761,700 shares in 911 deals, corresponding to a market value of KES 339,253,272.00, were traded. Compared with the previous NSE trading day (Wednesday, November 17), today’s data shows 41% decline in volume, 52% decline in turnover, and 14% decline in …
Asia-Pacific markets traded mixed on Thursday, following overnight losses on Wall Street, as shares in Japan, Hong Kong and the Chinese mainland struggled for gains. Hong Kong’s Hang Seng Index fell 1.29% to 25,319.72 while the Nasdaq-style technology board, Hang Seng tech index, sold off nearly 3%. Some of the major tech names listed in Hong Kong declined …
Asia-Pacific Markets Mixed as Hong Kong Tech Shares Sell off Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 16,502,200 shares in 1,065 deals, corresponding to a market value of KES 701,323,091.00, were traded. Compared with the previous NSE trading day (Tuesday, November 16), today’s data shows 399% improvement in volume, 950% improvement in turnover, and 6% improvement in …
Declines across Asia-Pacific stocks were seen by Wednesday’s close, with data showing Japan’s exports growth hit an eight-month low. Markets in the U.S., however, were lifted on the back of stronger-than-expected retail sales data. Australia and South Korea led losses in the region. In Australia, the S&P/ASX 200 fell 0.68% to close at 7,369.90. Financial stocks were …
Asia-Pacific Stocks Fall as Shares of Japan’s Automakers Slip Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 3,306,600 shares in 1,009 deals, corresponding to a market value of KES 66,769,468.00, were traded. Compared with the previous NSE trading day (Monday, November 15), today’s data shows 74% decline in volume, 88% decline in turnover, and 8% decline in …
Shares in Asia-Pacific were mixed on Tuesday as investors reacted to a virtual meeting between U.S. President Joe Biden and Chinese President Xi Jinping. Hong Kong’s Hang Seng index closed 1.27% higher at 25,713.78. Shares of gaming hardware firm Razer in Hong Kong surged 11.46% after Reuters reported, citing sources, that executives at the firm are leading a consortium plan to value the company at …
Asian Markets Mixed, Investors React to Biden-Xi Talks Read More »
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 12,740,300 shares in 1,097 deals, corresponding to a market value of KES 540,820,127.00, were traded. Compared with the previous NSE trading day (Friday, November 12), today’s data shows 16% decline in volume, 18% improvement in turnover, and 3% …
Shares in Asia-Pacific were mixed on Monday as investors reacted to the latest Chinese economic data for October. Mainland Chinese stocks closed lower, with the Shanghai composite slipping 0.16% to 3,533.30 while the Shenzhen component dipped 0.469% to 14,636.39. Hong Kong’s Hang Seng index sat little changed, as of its final hour of trading. The losses in mainland China came …
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 15,209,900 shares in 1,063 deals, corresponding to a market value of KES 456,959,378.00, were traded. Compared with the previous NSE trading day (Thursday, November 11), today’s data shows 48% decline in volume, 61% decline in turnover, and 38% …
Shares in Asia-Pacific advanced on Friday as technology shares mostly rose, following overnight gains for their counterparts on Wall Street. Hong Kong-listed shares of JD.com soared nearly 5% following the Singles Day online shopping event, while Alibaba dropped 0.67%. Both companies set new sales records across their platforms on Singles Day. Meanwhile, Hong Kong-listed shares of Chinese chip maker Semiconductor …
Asia-Pacific Stocks Rise; JD.com Shares in Hong Kong Surge Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 29,285,100 shares in 1,722 deals, corresponding to a market value of KES 1,182,002,888.00, were traded. Compared with the previous NSE trading day (Wednesday, November 10), today’s data shows 47% improvement in volume, 63% improvement in turnover, and 61% improvement in …
Asia-Pacific stocks were mixed on Thursday after data released overnight showed U.S. consumer inflation spiked in October. Shares of China Evergrande Group listed in Hong Kong surged 6.75%, following a report from Chinese media outlet Cailianshe that several bondholders received coupon payments from the debt-ridden developer. Other real estate stocks in Hong Kong also rose, with China …
Asian Markets Mixed, Evergrande Group shares surge Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 19,915,500 shares in 1,072 deals, corresponding to a market value of KES 727,255,839.00, were traded. Compared with the previous NSE trading day (Tuesday, November 9), today’s data shows 34% decline in volume, 25% decline in turnover, and 16% decline in …
At the end of today’s trading session on the Nairobi Securities Exchange A total of 30,271,500 shares in 1,272 deals, corresponding to a market value of KES 974,892,582.00, were traded. Compared with the previous NSE trading day (Monday, November 8), today’s data shows 347% improvement in volume, 531% improvement in turnover, and 2% improvement in …
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 6,768,200 shares in 1,244 deals, corresponding to a market value of KES 154,413,926.00, were traded. Compared with the previous NSE trading day (Friday, November 5), today’s data shows 13% decline in volume, 46% decline in turnover, but 26% …
Shares in Asia-Pacific were mixed on Monday as investors reacted to China’s trade data released over the weekend. Mainland Chinese stocks recovered from earlier losses to close higher, with the Shanghai composite up 0.2% to 3,498.63 while the Shenzhen component climbed 0.32% to 14,508.86. Hong Kong’s Hang Seng index dipped around 0.4% as of its final hour of trading. …
Asian Pacific Stocks Mixed, Investors React to China’s Trade Data Read More »
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 7,770,400 shares in 986 deals, corresponding to a market value of KES 284,370,488.00, were traded. Compared with the previous NSE trading day (Thursday, November 4), today’s data shows 32% decline in volume and 29% decline in turnover. The …
Stocks in Asia-Pacific were mixed on Friday as shares in Hong Kong led to losses among the region’s major markets. Hong Kong’s Hang Seng index slipped 1.41% to finish the trading day at 24,870.51. Mainland Chinese stocks closed lower, with the Shanghai Composite down 1% to 3,491.57 while the Shenzhen component shed 0.637% to 14,462.62. Shares of Chinese property developers …
Asian Markets Mixed, Hong Kong Markets Decline 1.41% Leading Losses Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 11,480,200 shares in 977 deals, corresponding to a market value of KES 397,929,946.00, were traded. Compared with the previous NSE trading day (Wednesday, November 3), today’s data shows 7% decline in volume, 5% decline in turnover, but 2% improvement in …
Shares in Asia-Pacific rose on Thursday following the U.S. Federal Reserve’s announcement that it will start tapering the pace of its bond purchases later in November. The Nikkei 225 in Japan closed 0.93% higher at 29,794.37 while the Topix index advanced 1.18% to 2,055.56. South Korea’s Kospi also climbed 0.25% on the day to 2,983.22. In mainland China, the Shanghai composite finished the trading …
Asian Markets Rise Following Fed’s Decision to Start Tapering Pace of Bond Purchases Read More »
At the end of today’s trading session on the Nairobi Securities Exchange. A total of 12,295,700 shares in 958 deals, corresponding to a market value of KES 418,123,855.00, were traded. Compared with the previous NSE trading day (Tuesday, November 2), today’s data shows 16% decline in volume, 14% decline in turnover, and 33% decline in …
Shares in Asia-Pacific were mixed on Wednesday as investors looked ahead to the end of the U.S. Federal Reserve’s two-day meeting for clues on tapering. In South Korea, the Kospi declined 1.25% to finish the trading day at 2,975.71. Shares of Kakao Pay surged in their Wednesday debut as they more than doubled from their issue price of 90,000 Korean …
Asian Pacific Stocks Mixed, Shares of Kakao Pay surge in South Korea debut Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 14,636,100 shares in 1,432 deals, corresponding to a market value of KES 483,809,843.00, were traded. Compared with the previous NSE trading day (Monday, November 1), today’s data shows 14% decline in volume, 88% improvement in turnover, and 13% improvement in …
Shares in Asia-Pacific were mixed on Tuesday, as Hong Kong-listed shares of Chinese real estate firms fell amid renewed fears. By the market close in Hong Kong, China Evergrande Group’s stock fell 2.9% while China Vanke tanked by 4%, while Sunac China Holdings plunged 9.6%. The Hang Seng Properties index declined 0.99% to 30,203.36. The broader Hang Seng index in Hong Kong erased …
Asian Markets Mixed, Chinese Real Estate Stocks Slide Amid Renewed Fears Read More »
At the end of the first weekday of trading on the Nairobi Securities Exchange A total of 16,997,600 shares in 1,271 deals, corresponding to a market value of KES 257,950,128.00, were traded. Compared with the previous NSE trading day (Friday, October 29), today’s data shows 104% improvement in volume, 6% improvement in turnover, and 35% …
Shares in Asia-Pacific were mixed on Monday as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October. Japanese stocks led gains regionally as the Nikkei 225 jumped 2.61% to close at 29,647.08, with shares of Fast Retailing soaring 4.22%. The Topix index climbed 2.18% on the day to 2,044.72. Those gains came …
Asian Markets Mixed, Japan’s Nikkei 225 surges nearly 3% Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 7,935,800 shares in 781 deals, corresponding to a market value of KES 424,977,889.00, were traded. Compared with the previous NSE trading day (Wednesday, October 27), today’s data shows 37% decline in volume, 7% decline in turnover, and 23% decline in …
Shares in Asia-Pacific were lower in Thursday trade as the Bank of Japan announced its decision to hold steady on monetary policy. The Nikkei 225 in Japan declined 1.05% while the Topix index shed 0.69%. Retail sales in Japan fell 0.6% in September from a year earlier, according to government data released Thursday. The Bank of Japan kept interest …
Asia-Pacific Stocks Fall as Bank of Japan Holds Steady on Monetary Policy Read More »
At the end of today’s trading session on the Nairobi Securities Exchange A total of 12,645,900 shares in 1,015 deals, corresponding to a market value of KES 458,469,061.00, were traded. Compared with the previous NSE trading day (Tuesday, October 26), today’s data shows 37% improvement in volume, 38% improvement in turnover, but 13% decline in …
Shares in Asia-Pacific were lower on Wednesday, with Chinese tech stocks in Hong Kong seeing big losses. Hong Kong-listed shares of Tencent dropped 2.99% on Wednesday while Alibaba fell 2.95% and Meituan plunged 5.09%. The Hang Seng Tech index slipped 3.19% to 6,441.62. The broader Hang Seng index in Hong Kong led losses among the region’s major markets, falling 1.57% to close …
Asian Markets Edge Lower, Hong Kong Markets Lead Losses. Read More »
At the end of the first weekday of trading on the Nairobi Securities Exchange. A total of 12,871,400 shares in 901 deals, corresponding to a market value of KES 488,822,613.00, were traded. Compared with the previous NSE trading day (Friday, October 22), today’s data shows 7% improvement in volume, 14% improvement in turnover, but 10% …
Shares in Asia-Pacific were mixed on Monday as investors reacted to the release of HSBC earnings. Hong Kong’s Hang Seng index closed little changed at 26,132.03. Hong Kong-listed shares of HSBC rose 0.43% after the bank on Monday reported a pre-tax profit in the third quarter of 2021 that bested expectations. Shares of embattled developer China Evergrande Group declined 0.74% by the …
Asian Pacific Stocks Mixed, HSBC Earnings Beat Expectations; Read More »
At the end of the last weekday of trading on the Nairobi Securities Exchange A total of 11,992,800 shares in 1,005 deals, corresponding to a market value of KES 430,295,283.00, were traded. Compared with the previous NSE trading day (Thursday, October 21), today’s data shows 52% decline in volume, 73% decline in turnover, and 13% …
Asia-Pacific markets were mixed on Friday, as shares of China Evergrande Group surged in Hong Kong following media reports that the embattled developer is set to pay off a coupon payment on a dollar-denominated bond. Shares of Evergrande in Hong Kong surged 4.26% on Friday. Evergrande Property Services Group also saw its stock jump 1.7%. The Hang Seng Properties …
At the end of today’s trading session on the Nairobi Securities Exchange A total of 25,137,200 shares in 1,150 deals, corresponding to a market value of KES 1,608,944,748.00, were traded. Compared with the previous NSE trading day (Tuesday, October 19), today’s data shows 6% improvement in volume, 106% improvement in turnover, but 3% decline in …