The Editorial Team

Global slow down will boost Africa’s hopes of achieving development goals

ADDIS ABABA (Capital Markets in Africa):- Africa is likely to benefit from weak global growth by attracting more investment that will drive its development, experts said at a financing conference in Ethiopia on Wednesday. Investors have been pouring money into Africa in recent years, buoyed by its strong economic growth and improved governance amid slow growth in Europe, China and the United States. “As the global economy continues to be sluggish and large emerging markets slow…

Botswana Equity Watch | 16th July 2015: Botswana equity markets indices see strong movement to the upside, market cap up BWP 238.45 mill…

Posted on by The Editorial Team

Gaborone, Botswana (Capital Markets in Africa):- The BSE Equity Markets indices saw stronger movement to the upside in todays session as the DCI main and local LASI indices recorded further increases. Market capitalisation also saw further increases up by BWP 238.45 million, along with 5 price increases, ensuring the markets ended the week on a positive note. The FCI index however continued to plateau with minimal change as recorded over the last few days. The Botswana Domestic Composite Index (DCI) was up a further 18.00 points…

Zimbabwe Market Watch | 16th July 2015: Zimbabwe equities back in red …. ZSE industrial index down by 88 basis points

Posted on by The Editorial Team

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) industrial index climbed back into the red zone today pulled down by pressure from the Industrial sector stocks. The industrial index fell by 0.61 percent or 0.88 points to end at 143.56 down from 144.45 points, leading to -11.81 percent year-to-date and a -22.86 on year-on-year basis. However, the mining index increased by 0.93 percent to settle at 40.09 points (-44.09 percent and -29.62 percent year-to-date and year-on-year return respectively). The market capitalization ended at US$ 3.768…

Egypt Equity Watch | 16th July 2015: Egyptian equity markets indices end week on a high, EGX30 up 140.92 bps, market cap tops EGP 486 mill…

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index, EGX70, EGX100 and the EGX20 capped index ended the week on a high today with most of the Indices recording rises and market capitalisation topping EGP 486 Million. The benchmark index EGX30 closed on 8022.91 points up 140.92 points to end the day with an increase of 1.78 percent from its previous close of 7882.62 yesterday (with the resultant year-to-date performance of -10.12 percent and equal to 3,523 points in US$ terms). The EGX20 capped index was up 204.39 points, gaining by 2.59 percent to close at 8086.79…

Cote d’Ivoire Equity Watch | 16 July 2015: BRVM stock markets close higher … added XOF 70 billion

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Thursday, higher than the previous day. BRVM 10 index rose from 291.63 to 295.99 points, a gain of 1.50%. BRVM Composite index gained 0.98% to 290.70 against 287.88 points previously. The equity market capitalization also added XOF 70 billion to close at XOF 7,173.11 billion relative to previous trading sessions’ market capitalization of XOF 7,103.48…

Nigeria Equity Watch | 16 July 2015 : Nigerian Equities Market halts recent run of losses … All Share index marginally improves by 30 basis points

Posted on by The Editorial Team

Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Equities Market halted its recent run of losses today as the Benchmark Index — All Share Index- marginally improved at the close of trading. The ASI appreciated 0.3% to close at 31, 047.99 points. This improvement in performance was broadly due to gains recorded in banking counters as ETI (+8.2%), ACCESS (+4.8%) and GUARANTY (+1.7%) led the charge. Similarly, market capitalization improved N51.0bn berthing at N10.6tn…

Kenya Equity Watch | 16 July 2015: Kenya stocks move southward …. market cap down by KES 26 billion

Posted on by The Editorial Team

Nairobi, Kenya (Capital Markets in Africa):- Equity trading on the Nairobi Stock Exchange ended southward at the end of trading session today. The market capitalization was recorded at KES 2,192.82 billion after plummeting by KES 25.57 billion relative to market capitalization of KES 2,218.39 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index plunged by 14.00 points or 0.30 percent to close at 4,676.16 points and Nairobi All Share Index added 1.86 points or 1.17…

« 1 … 54 55 56 57 58 … 141 »