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 [...]Top Company News of the Day; US stocks Earnings Brief
Lockheed Martin Corp. (LMT ) Lockheed Martin Corp., an American aerospace, arms, defense, information security, and technology corporation with worldwide interests on Tuesday reported its fourth-quarter earnings with net sales [...]US Markets | Stocks recover from tumble ahead of Fed's decision
The US markets ended Monday's the session on the positive territory amid sharp losses mid-sessionwhich saw the Dow Jones Industrial Average plunge by more than 1000 points at midday. At [...]NSE Daily Equity Turnover Rises 46.3% to Close At KSh 395.0 Million
The Nairobi Securities Exchange(NSE) recorded an increase in equity turnover to KSh 395 Million at the end of the first day of the trading week compared to a turnover of [...]What to expect this week in US Markets | MSFT, AAPL, TSLA, BA
The past week was very volatile for the US Markets with all the three major indexes falling for a third consecutive week. The SP 500 index and Nasdaq Composite Index posted their worst weeks [...]CBK Accepts Bids Worth KSh 34.9 Billion from Two T-Bonds Auctions
The Central Bank of Kenya(CBK) received bids worth KSh 38.4 Billion during the Treasury Bonds Auction of January 19th 2022 and accepted KSh 34.9 Billion. Accepted amounts were made up [...]US Markets Brief | Nasdaq, SP finish worst week since March 2020
The US Markets continued their slide to start of 2022 with all the three major indexes falling for a third consecutive week. The SP 500 index and Nasdaq Composite Index wrapped up their worst [...]US markets continue tumble as Netflix fuels Sell Off
US markets opened Friday's session lower after a volatile Thursday which saw the Dow Jones tumble by more than 3%. Among the major highlights, Netflix released its financial results for the fourth [...]NSE Equity Turnover rises 15.8% to KSh 36.31 Billion in Q4, 2021 CMA Report
The Nairobi Securities Exchange(NSE) experienced a rise in Equity Market Turnover in the last three six months to KSh 36.31 Billion compared to KSh 31.36 Billion in the quarter ended [...]
