The Editorial Team |

Kenya Equity Markets | 15 Sep 2015: Bullish run sustains, investors gain US$208 Mill …

Nairobi, Kenya Capital Markets in Africa — The positive momentum sustained at the end of the equity trading on the Nairobi Securities Exchange. As a result the equity market capitalization closed at KES 2,095 billion by adding KES 22 billion (c.US$208.2 million) or 1.06 percent from the market capitalization of KES 2,072 billion recorded at previous trading session. The Nairobi All Share Index gathered 1.06 percent or 1.56 points to end at 149.14 points and the Nairobi Securities…

South Africa Equity Markets |15 Sep 2015: South Africa equity markets sustain uptrend today, JSE All Shares index….

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JOHANNESBURG, South Africa, Capital Markets in Africa — Today the South Africa equity markets continued the positive momentum after all indices closed in green zone except the financial sector index which ended in red. Johannesburg Stock Exchange (JSE) All Share index ended 0.25 percent or 125.08 points higher to close at 49,491.68 points. The JSE Top 40 index also soared by 172.31 points or 0.39 percent to end at 43,985.37 points. The JSE Financial sector index fell…

Tanzania Equity Markets | 15 Sep 2015 : Dar es Salaam Stock Exchange equity market lower, market cap TZS 14 Billion …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — The Bear ruled the Dar es Salaam Stock Exchange equity market on Tuesday and the equity market capitalization plunged by TZS 13.95 billion (about US$6.5 million) to end at TZS 22,321.11 billion relative to market capitalization of TZS 22,335.06 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) dropped 1.36 points or 0.05 percent to end at 2,550.38 points. The Tanzanian…

Cote D’Ivoire Stock Markets | 15 Sep 2015: BRVM Equity markets lower, investors lose US$11 Mill …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday, lower than the previous day. BRVM 10 index decreased from 294.05 to 293.92 points, a drop of 0.04 percent. BRVM Composite index lost 0.09 percent to 295.21 against 295.49 points previously. The equity market capitalization lost XOF 6 billion (about US$11 million) to close at XOF 7,285 billion relative to previous trading sessions’…

Morocco Equity Markets | 15 Sep 2015: Equity Investors lose US$306 Mill on Casablanca Bourse

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Casablanca, Morocco, Capital Markets in Africa — On Tuesday, the Casablanca Bourse equity trading returned to the bear sentiment. The Moroccan benchmark stock index (measured as MASI Index) plunged by 0.72 percent to close at 9,266.24 points (with a year-to-date performance to -3.68 percent) with total market capitalization at MAD 473.254 billion (a fall of MAD 2,970 million or US$306 million relative to previous market capitalization of MAD 476.224) and market activities measured as total…

Mauritius Equity Markets | 15 Sep 2015 : Stock Exchange of Mauritius equity trading stays in red

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PORT LOUIS, Mauritius, Capital Markets in Africa — Stock Exchange of Mauritius stayed in the South Pole. The equity market capitalization closed at MUR 214.161 after losing MUR 288 million (US$8 million) relative to previous market capitalization of MUR 214.449 billion. The Mauritius All Share Index (SEMDEX index) further sagged by 0.13 percent or 2.58 points to close at 1,923.12 points and SEM10 index closed at 366.39 points after falling by 0.01 percent or 0.04 points. From the…

Amaechi, Fayemi, Fashola Fail Anti-corruption Test

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As the screening of President Muhammadu Buhari ministers continue, some appointees have reportedly failed to pass anti-corruption test. The Department of State Service (DSS) recently received a much awaited list of 36 ministerial nominees for security screening. While DSS carries on the screening indications appeared that three immediate past governors, Babatunde Fashola, Rotimi Amaechi and Kayode Fayemi, have supposedly failed. Three former governors worked hard for Buhari’s presidential campaign to and were seen as top candidates for…

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