NSE Weekly Equity Turnover hits KSh 2.7 Billion
Nairobi Securities Exchange(NSE) recorded an increase in weekly equity turnover to KSh 2.7 Billion compared to KSh 2.6 Billion at the end of last week. This is as the banking [...]
NSE Daily Equity Turnover rises 98% to KSh 1.1 Billion
Nairobi Securities Exchange(NSE) recorded a significant increase in equity turnover to KSh 1.1 Billion from the previous KSh 510.6 Million. The number of shares traded also increased to 30.8 Million [...]NSE Daily Equity Turnover declines 32% to KSh 510 Million
Nairobi Securities Exchange(NSE) recorded a decline in daily equity turnover to KSh 510 Million from the previous KSh 750 Million while the volume of shares traded stood at 13 million [...]Bamburi Cement switches to Solar Power
Bamburi Cement PLC has signed a Power Purchase Agreement (PPA) with an Independent Power Producer, MOMNAI Energy Limited, to set up two Solar Plants adjacent to the company’s Mombasa Plant [...]
US stock market closes higher, Earnings Report
The US stock market closed higher on Tuesday as the investors waited for the batch of corporate earnings reports scheduled for release after the markets closed. Some of the major [...]
India Set to Launch Digital Currency in 2022-2023
India's finance minister on Tuesday said the central bank will introduce a digital currency in the next financial year using blockchain and other supporting technology. The Reserve Bank of India [...]
Foreign Investors Outflows Increase at the Nairobi Bourse in Q4 2021 -CMA
Foreign investor at the Nairobi Securities Exchange (NSE) have continued to decrease as the onset of the Omicron variants saw them exit the Kenyan market in 2021 due to uncertainties. [...]US Stock Market Closes Week Higher with earnings in spotlight
The US stock markets closed the last day of the week higher as investors continued to digest earnings announcements from world's leading companies as well as the Federal Reserve's latest [...]East African Breweries (EABL) Half Year Net Profit Surges 131% to Ksh 8.7 Billion, declares interim Dividend
The East African Breweries PLC (EABL), which is engaged in branded alcohol beverage business has reported a growth of 23% to Kshs 54.9 billion in net sales for the half-year [...]US markets mixed as Fed hints rate hike, Tesla, Microsoft, Intel Earnings
The US stock market closed mixed on Wednesday as investors digested the latest Federal Reserve monetary policy statement and comments by Chair Jerome Powell. The Federal Reserve's Federal Open Market Committee (FOMC) also announced [...]Car and General Share Price Rally Retreats as Investors Cash in
Car and General Plc share price has hit a downward slide to KSh 54.25 when trading ended at the Nairobi Securities Exchange (NSE) this Wednesday as investors took profits from [...]NSE Daily Equity Turnover Slides 4.2% to KSh 413.1 Million
The Nairobi Securities Exchange(NSE) recorded a slight fall in equity turnover to KSh 413.1 Million compared to Monday's KSh 450.4 Million with volume of shares traded also falling to 11.6 [...]
