NSE Turnover up 186% to KSh 1.1 Billion
At the end of Wednesday’s trading session on the Nairobi Securities Exchange (NSE), a total of 65,174,300 shares in 1,341 deals, corresponding to a market value of KSh 1,136,027,313.00, were [...]
Kenya Shilling Holds Steady against Major Currencies
The Kenya Shilling held steady against major international and regional currencies during the week ending June 18, 2020. In the week, the shilling averaged KSh106.45 against the US Dollar, KSh134.20 [...]
NSE Turnover Rises 83% to KSh936 Million
Trading on Friday, 19th June 2020, at the Nairobi Securities Exchange (NSE) saw an 83% increase in turnover to KSh936.86 million from Thursday's turnover of KSh512 million. Over 41.8 million [...]
CMA Admits Two New Firms in Regulatory Sandbox
The Capital Markets Authority has welcomed Belrium Kenya and Pyypl Group Limited in its regulatory Sandbox. The entry of the two companies brings the number of firms in the Sandbox [...]CMA Warns About Dominant Firms at The NSE
The Capital Markets Authority(CMA) has sent out an alarm over what it terms as the dominance of five listed firms at the Nairobi Securities Exchange(NSE). In its Q1, 2020 Soundness [...]Turnover Rises by 23% to KSh 511.8 Million
At the end of Thursday's trading session at the Nairobi Securities Exchange (NSE), 15,687,400 shares were traded in 1,126 deals, corresponding to a market value of KSh 511,759,007.00. This is [...]African Alliance to Shut its Brokerage Business in Kenya
South African-based African Alliance group has announced that it will cease operating its stockbroking unit in Kenya at the end of June 2020. The company which traditionally focused on stock [...]Singapore Leads in Economic Competitiveness
Singapore has been ranked 1st in the Institute for Management Development (IMD) world economic competitiveness ranking for 2019, the second time in a row. US and China trailed at 10th and 20th [...]Global Markets Daily Report
US Stock markets on Tuesday closed on the positive driven by comments from Federal Reserve boss Jerome Powell that the economy was looking at the start of a recovery period [...]
Zimbabwe's Annual Inflation Hit 786% in May
The annual inflation in Zimbabwe (year-on-year) hit 785.55% in May 2020, up from 765.57% in April 2020, occasioned by shortages of fuel, foreign currency and power. According to the National [...]NYSE Partially Reopens Trading Floor to Market Makers
The New York Stock Exchange (NYSE) is set to partially reopen its trading floor to some market makers, with effect from Wednesday, 17th June 2020. This comes after almost three [...]What will 2020 hold for Equity Group?
Ratings Agency Moody’s has picked Equity Bank as among the few financial institutions that have strong liquidity buffers and adequate liquidity assets which will aid in easing asset quality pressure [...]
