Kenya business activity shows first expansion since Aug, PMI survey shows [Reuters]
STANDARD BANK GRP SP/ADR (SGBLY)
NASDAQ:AMEX Investor Relations:
reporting.standardbank.com
Company Research
Source: Reuters
inflation and gains in agriculture, manufacturing and services, a survey showed on Tuesday. The Stanbic Bank Kenya Purchasing Managers' Index (PMI) jumped to 51.3 in February from 49.8 a month earlier. Readings above 50.0 signal growth, while those below point to a contraction. It is the first time since August that the figure has gone above 50. "Business activity expanded across the Kenyan private sector ... as a further softening of inflationary pressures supported a fresh increase in new order volumes," Stanbic Bank said in commentary accompanying the survey. Inflation fell to 6.3% year-on-year in February from 6.9% a month earlier, data from the Kenya National Bureau of Statistics showed. "There was a notable expansion ... with output increasing in agriculture, manufacturing, and services. However, construction and wholesale & retail activity slipped," Christopher Legilisho, an economist at Stanbic Bank, said. Reporting by George Obulutsa; editing by Christina Fincher
Show less
Read more
Impact Snapshot
Event Time:
SGBLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SGBLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SGBLY alerts
High impacting STANDARD BANK GRP SP/ADR news events
Weekly update
A roundup of the hottest topics
SGBLY
News
- Motsepe-Backed GoSolr Plans $537 Million South Africa Expansion [BNN Bloomberg (Canada)]BNN Bloomberg
- Capitec to Tap Small Firms to Sustain 127,428%, 30-Year Rally [BNN Bloomberg (Canada)]BNN Bloomberg
- Painful week for individual investors invested in Standard Bank Group Limited (JSE:SBK) after 3.8% drop, institutions also suffered losses [Yahoo! Finance]Yahoo! Finance
- Standard Bank to Deepen Mideast Ties With New Egypt Office [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Kenyan private sector activity slows in March, PMI shows [Reuters]Reuters