The Editorial Team |

Nigerian Equity Markets | 16 Nov 2015: Bears Claw Market Back as Sentiment Wanes … NSE ASI Down 107bps

Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market dipped into the red at the close of trade today, to erase the marginal gain recorded last Friday. The Benchmark Index –All Share Index- fell 1.1% to close at 28, 532.81points. The bears’ hold on the market further tightened as seen from the losses in bellwether Banking and Consumer Goods counters – ZENITH (-4.8%), GUARANTY (-3.7%) and NIGERIAN BREWERIES (-2.1%) which drove the negative performance….

Cote D’Ivoire Stock Markets | 16 Nov 2015: Agriculture, Transport and Distribution pull indices to red zone …

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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 Monday lower than the previous day. BRVM 10 index decreased from 297.77 to 295.64 points, a drop of 0.72 percent. BRVM Composite index lost 0.47 percent at 301.72 points against 303.14 points previously. The equity market capitalization dropped XOF 33 billion (about US$58.5 million) to close at XOF 7,445 billion relatively to the previous trading…

Egypt Equity Markets | 16 Nov 2015: Egyptian ends in mixed mood, market caps higher but EGX 30 index lower …

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Cairo, Egypt, Capital Markets in Africa —– Egyptian Exchange equity trading started the week on a mixed note after the equity market capitalization gained EGP 1.38 billion (nearly US$172 million) to end at EGP 419.269 billion from EGP 417.889 billion recorded at the previous day trading session. However, the benchmark index EGX30 sagged by 76.10 points or 1.07 percent to end 7,158.10 points. The equal-weighted indexes EGX50 soared by 0.44 percent or 4.85 points to settle at 1,102.30 points. EGX70…

Morocco Equity Markets | 16 Nov 2015: Morocco Equity Market Resumes in the week in Red … investors lose US$245 million

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Casablanca, Morocco, Capital Markets in Africa —On Monday, the equity trading ended in negative both the market indices and market capitalization closed lower. The Moroccan benchmark stock index (measured as MASI Index) sagged by 0.54 percent to close at 9,211.08 points (with a year-to-date performance to -4.25 percent) with total market capitalization at MAD 463.101 billion (a drop of MAD 2.5 billion or US$254 million relative to previous market capitalization of MAD 455.782). The market activity…

Mauritius Equity Markets | 16 Nov 2015: Bearish sentiment opens in the week … Market Capitalization of MUR 495 million lower

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PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets trading opened the week in the negative region. The equity market capitalization ended at MUR 205.117 billion after dropping MUR 494.832 million (about US$13.9 million). The Mauritius All Share Index (SEMDEX index) fell by 0.24 percent or 4.44 points to end at 1,850.44 and SEM10 index declined by 0.41 percent or 1.46 points to end at 355.01 points. From the market…

Investment in Africa: Managing Currency Risk — Andrew Gillespie

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Volatility is not a new word for investors in Africa. Events of 2014 and this year across the continent highlight this – especially in the continent’s currency markets. Irrespective of the market, or country; be it via private equity, listed equity, fixed income, or underlying trade and capital flows – managing FX volatility and risk is a constant feature of the evaluation process. For most participants, it is often a frustrating, opaque and expensive exercise,…

African Economic Watch: African Countries Release October Inflation Rates Statistics …

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Lagos, Nigeria, Capital Markets in Africa — Most of the African countries released the inflation rates figure for October in the week ending Sunday 15 November 2015. South Africa also released the production figures for the mining and manufacturing sector and Tanzania’s M3 money supply September data were also released by the Bank of Tanzania. Sudan’s annual inflation rate eased to 13.37 percent in October from a revised 13.56 percent in September, a monthly report…

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