The Editorial Team |

South Africa Market Watch | 22 July 2015: Bear appears across all sectors on the JSE today

Johannesburg, South Africa (Capital Markets in Africa) — On Wednesday, the South African JSE All Share closed 1.75 percent or 923.86 points lower with losses across the board led by tumbling resource shares. The JSE Top 40 index fell by 1.87 percent or 885.35 points to end at 46,370.97 points. The financial sector index plunged by 1.35 percent or 620.07 points at 45,245.68 points. Both Industrial sector index and industrial 25 index plummeted by 1.48 percent…

Mauritius Equity Watch | 22 July 2015: SEDMEX adds 0.02%, SEM10 up by 0.06% but DEMEX index fall by 0.05%

Posted on by The Editorial Team

Port Louis, Mauritius (Capital Markets in Africa) — The Mauritius All Share Index (SEMDEX index) surged by 0.02 percent or 0.29 points to close at 1,953.19 points and the SEM10 index closed at 372.90 points by adding 0.22 points or 0.06 percent. In the same note, the market capitalization settled at MUR 217.151 billion (relative to yesterday’s market capitalization of MUR 217.118 billion) by gaining MUR 33 million. The overall total volume trade was registered at 4.750 million…

South Africa Market Watch | 21 July 2015: South Africa All share index dips 16bps despite gold miners sector gains

Posted on by The Editorial Team

Johannesburg, South Africa (Capital Markets in Africa) — The JSE All Share ended 0.16 percent lower on Tuesday as gains in gold miners was not enough to offset losses in other sectors. The JSE Top 40 index also 0.28 percent lower or 132.35 points to end at 47,256.32 points. The financial sector index went down by 0.28 percent or 130.90 points at 45,865.95 points. Both Industrial sector index and industrial 25 index plunging by 0.13 percent…

IDC Zambia and IFC cooperate on fast-track development of two 50 MW Scaling Solar projects

Posted on by The Editorial Team

Lusaka, Zambia (Capital Markets in Africa) – International Finance Corporation (IFC), a member of the World Bank Group, has signed a memorandum of understanding with the Industrial Development Corporation of Zambia to explore development of two 50 MW solar PV independent power projects in Zambia through the Scaling Solar program. The projects would be Zambia’s first utility scale PV projects, providing competitively priced, clean power that would reduce Zambia’s dependence on hydro resources and diversify the…

Ghana Equity Watch | 21 July 2015: Investors lost GHS 58 million and composite index slumped by 15.78 points or 0.69 percent

Posted on by The Editorial Team

Accra, Ghana (Capital Markets in Africa):- Ghana benchmark composite index slumped by 15.78 points or 0.69 percent to end the day at 2,274.62, its year- to- date performance reduces to 0.60 percent. At the same time, the financial Index tumbled by 21.84 points or 0.94 percent to trade at 2,310.03 with a year-to-date return of 2.96 percent. The market capitalization also dropped by GHS 58 million to close at GHS 63,995 million relative to GHS 64,708.90 recorded at previous trading session. From the…

Mauritius Equity Watch | 21 July 2015: Equity markets end in red … SEMDEX 15bps and market cap MUR 327 million falls

Posted on by The Editorial Team

Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity markets returned to negative region at end of today’s trading session. The Mauritius All Share Index (SEMDEX index) lost 0.15 percent or 2.94 points to close at 1,952.90 points and the SEM10 index closed at 372.68 points by losing 0.58 points or 0.16 percent. In the same note, the market capitalization settled at MUR 217.118 billion (relative to yesterday’s market capitalization of MUR 217.445 billion) by giving away MUR 327…

Nigeria – Will they or won’t they?

Posted on by The Editorial Team

LONDON (Capital Markets in Africa) — In recent weeks, investors in Nigeria have become increasingly perplexed about whether there will be a naira move before the end of 2015. On one hand the NDF market seems to indicate that there will be a move. And the consensus forecast for the value of the naira at the end of 2015 is NGN215:US$1, so in a rare show of unanimity economists seem to agree with the NDF…

« 1 … 1,028 1,029 1,030 1,031 1,032 … 1,072 »