An inversion of the 10-year vs. two-year yield curve in 2022 led virtually the whole financial market analyst community to forecast a recession and go underweight global equities last year, only for the market to rally on the back of the stellar gains in the ‘Magnificent 7’. And, of c...
Tuesday was declared a public holiday, when President Uhuru Kenyatta was sworn in for a second term. The Central Bank of Kenya placed the shilling in the Wednesday trading at 103.35, a slight decline from the previous session's 103.34. On the other hand, however, commercial banks quoted the ...
Kenya Power and Kengen in the energy sector, initially the best blue-chip stocks at the stock market, are trading at lower than the initial public offer price. The former traded at 0.04 dollars and the latter 0.06 dollars on Monday, the price they have stayed put since the start of the ...
The data set consisted of monthly observations of the NSE stock price index and the nominal Kenya shillings per US dollar exchange rates. The objective was to establish the causal linkages between leading prices in the foreign exchange market and the Nairobi Securities Exchange (NSE). The ...
market transmitted positive information to Kenya stocks, indicating the emission of low risks. Meanwhile, a bi-directional positive information exchange between the U.K. and BRVM stocks indicated the transfer of low risk between the two markets, providing room for diversification. Meanwhile, U.K. ...
Day-of-the-week effect and January effect patterns in return and volatility might enable investors to take advantage of relatively regular shifts in the market by designing trading strategies, which accounts for such predictable patterns. Bibliogr., sum. [Journal abstract] 展开 ...
Royal Exchange for rowdiness. The LSE provides a market for stocks, bonds, and depositary receipts of U.K. and foreign companies. The London Stock Exchange launched an electronic trading platform, SETS (Stock Exchange Electronic Trading), in 1997 and became a publicly traded corporation in 2000....
The time horizon of this opinion is dependent on prevailing market conditions and there is no planned frequency for updates to the opinion. This opinion is not independent of Standard Chartered Group’s trading strategies or positions. Standard Chartered Group and/or its affiliates or its respective...
On the other hand, using the information about stock market communities, the investor can design pair trading strategies by considering the movement of correlated indices (Elliott, Van Der Hoek, & Malcolm, 2005; Gatev, Goetzmann, & Rouwenhorst, 2006). Furthermore, optimal portfolio optimization ...
Kenya Commercial Bank was second top mover after trading 7.4 million shares at a declined price of 0.31 dollar, a drop of 8.8 percent while Equity Bank came in third with 5.3 million shares traded at 0.33 dollars. The decline of major stocks pushed the NSE 20 share Index down to 3,137.41...