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NSE:KCB 16 February 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 16.02.2026

The Nairobi Securities Exchange hit a record Sh3.419 trillion market capitalization after a 6.9% weekly surge, adding Sh220 billion in investor wealth. Safaricom, Equity Bank, KCB, and Stanbic led gains, fueled by dividend news and bank earnings expectations. Retail activity spiked, with transactions doubling to 101,000 as investors used the new Ziidi Trader mobile platform.

Stock Market Today

  • FTSE MIB Advances 0.5% Amid Iran Conflict Developments
    March 31, 2026, 7:17 PM EDT. The FTSE MIB index extended gains for a second day, rising 0.5% to about 44,000 in early Monday trading. Investors reacted to reports that U.S. President Donald Trump is open to ending military actions in Iran even if the strategic Strait of Hormuz remains closed, potentially prolonging tensions in the oil shipping route. Major bank stocks led the rise, including UniCredit and Intesa Sanpaolo, while companies like Tenaris and STMicroelectronics dipped. Italy prepares to release preliminary inflation figures for March, adding focus to economic data. Despite this short-term rally, the index remains down over 5% for the month, poised for its weakest performance since June 2022.
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