The Editorial Team |

Cauris Management sells stake in Eau Technologie Environnement

Cotonou, Benin, Capital Markets in Africa — Cauris Croissance, the second fund managed by Cauris Management, the West African private equity fund manager, confirmed the sale of its stake in Eau Technologie Environnement (ETE) to the Moroccan company “Les Eaux Minérales d’Oulmès” (LEMO). The investment was made in 2007 and the exit represented 3.4x the fund’s initial investment. ETE is a Beninese company bottling and distributing mineral water under the brand name of FIFA Ste…

Mauritius Equity Watch | 24 Aug 2015 : Stock Exchange of Mauritius opens in bearish mood, SEMDEX index 11 bps lower

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Port Louis, Mauritius (Capital Markets in Africa) — Stock Exchange of Mauritius began the week on a negative note. The equity market capitalization sagged by MUR 246 million (US$3.78 million) to close at MUR 217.954 billion relative to previous market capitalization of MUR 218.200 billion. The Mauritius All Share Index (SEMDEX index) dropped by 0.11 percent or 2.22 points to close at 1,957.17 points and SEM10 index ended at 374.04 points after marginally fell by 0.07 percent…

Zimbabwe Equity Market | 21 Aug 2015: Zimbabwe equities stay in red…industrial index down by 3.93% w-o-w

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Harare, Zimbabwe (Capital Markets in Africa):- The Zimbabwe Stock Exchange (ZSE) industrial index ended in red plunging by 0.77 percent or 1.06 points to end at 135.82 from its previous close of 136.88 points. The week on week Industrial index dropped 5.56 points or 3.93 percent bringing the year to date loss to 26.97 points or 16.57 percent. The market capitalization ended at US$3.562 billion by dropping a further US$27 million relative to previous trading…

Ghana Equity Markets | 20 Aug 2015: Equity trading on the Ghanaian Stock Exchange ends bearish … financial index 0.71% drop

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Accra, Ghana (Capital Markets in Africa):- On Thursday, Ghanaian Stock Exchange (GSE) ended in bearish mood and the equities market capitalization lost GHS 185 million to close at GHS 63,250 million relative to market capitalization of GHS 63,065 recorded at previous trading session. The benchmark composite index fell by 2.80 points or 0.13 percent to close the day at 2,152.85 points, representing a year-to-date performance 0f 4.78 percent. The financial Index also plunged by 15.39 points or 0.71 percent to trade…

South Africa Equity Market | 20 Aug 2015: South Africa equity markets stay in red, gold miners and resources indices soar …

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Johannesburg, South Africa (Capital Markets in Africa) —The South Africa equity markets continued in the red, with loses across the main sector indices except gold miner and resource index. Johannesburg Stock Exchange (JSE) All Share tumbled by 379.23 points or 0.76 percent to close at 49,761.67 points and the JSE Top 40 index sagged by 537.08 points or 1.20 percent to end at 44,149.38 points. From the sector perspectives, financial sector index dropped by 1.31 percent or 578.43…

Mauritius Equity Watch | 20 Aug 2015 : Stock Exchange of Mauritius ends in red, indices and market cap fall ..

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Port Louis, Mauritius (Capital Markets in Africa) — The bearish mood backed to the Stock Exchange of Mauritius after just one day in the bullish zone. The equity market capitalization slumped by MUR 309 million (US$4.8 million) to close at MUR 219.027 billion relative to previous market capitalization of MUR 219.336 billion. The Mauritius All Share Index (SEMDEX index) went down by 0.14 percent or 2.77 points to close at 1,966.82 points. SEM10 index ended at 376.20…

Nigeria Equity Watch | 19 Aug 2015 : Equity Market Returns to Negative… NSE ASI Down 23bps

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Lagos, Nigeria (Capital Markets in Africa) — The activities in the Nigerian Bourse mirrored that of yesterday, as bearish sentiment persisted until a late rally in DANGCEM (+1.8%) boosted the performance today. Notwithstanding the above, the All Share index depreciated 0.2% closing the day at 30, 042.38points. Today’s decline was broadly driven by losses in OANDO (-5.0%), GUARANTY (-1.8%) and ZENITH (-1.2%). Market capitalization also declined 0.2% to berth at N10.3tn. Market activity worsened, as…

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