The Editorial Team |

Egypt Equity Markets | 25 Nov 2015: Equity Investors smile home with US$192 million, EGX30 Index 1.10% higher ..

Cairo, Egypt, Capital Markets in Africa — Egypt Exchange equity indices ended on a positive note at the end today’s trading session. The equity market capitalization added EGP 1.5 billion (about US$192 million) to end at EGP 414.357 billion relatively to the previous market capitalization of EGP 413.425 billion. The benchmark index EGX30 added 69.68 points or 1.10 percent to close at 6,391.07 points. The equal-weighted indexes EGX50 grew by 0.40 percent or 4.37 points to trade at…

Nigerian Deportees From The UK 48 Not 500 …

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Contrary to the report that about 500 Nigerians were deported by the United Kingdom to Nigeria early morning today, Wednesday, November 25, the United Kingdom Government has clarified that only 48 Nigerians were actually deported. A top official of the Nigeria Immigration Service (NIS) also confirmed that only 48 Nigerians deportees arrived from the UK, adding that the 48 deportees had nothing to do with the 29,000 Nigerians that the UK was planning to deport…

Morocco Equity Markets | 25 Nov 2015: Morocco shareholders’ value gains US$70 million, indices up …

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Casablanca, Morocco, Capital Markets in Africa — The bull retained its supremacy at the Casablanca Stock Exchange at the end of today’s equity trading session. The Moroccan benchmark stock index (measured as MASI Index) added 0.15 percent to end at 9,122.70 points (with a year-to-date performance to -5.17 percent) with total market capitalization at MAD 459.057 billion (a gain of MAD 706 million or US$70 million relative to previous market capitalization of MAD 458.351). The market…

Mauritius Equity Market | 25 Nov 2015: Bullish momentum continues on the Stock Exchange of Mauritius … companies add MUR 537 million in value

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PORT LOUIS, Mauritius, Capital Markets in Africa — Positive momentum continued on the Stock Exchange of Mauritius at the end of Wednesday’s equity trading session. The equity market capitalization closed at MUR 202.534 billion after adding MUR 537 million (about US$15 million) relatively to the previous market capitalization of MUR 201.997. The Mauritius All Share Index (SEMDEX index) gathered 0.27 percent or 4.81 points to end at 1,818.67 and SEM10 index surged by 0.46 percent or 1.61…

Fact from History: Is the party begins for Nigeria’s Equity Investors?

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LAGOS, Nigeria, Capital Markets in Africa — The Nigeria’s Central Bank reduced its Monetary Policy Rates (MPR) by 200 basis points to 11.00 percent against market expectations and the country macroeconomic fundamental outlook. The question is how will Nigerian equity markets reacts to this development? Many investors believe that when rates fall, the party begins for stock prices and rate hike is the party is over for stock prices. Is the party begins for Nigerian…

Nigerian Equity Markets | 24 Nov 2015: NSE ASI shed 0.9%, Industrial Goods Index Records Highest Loss,

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Lagos, Nigeria, Capital Markets in Africa — The benchmark index of the Nigerian stock market shed 0.9% today to berth at 27,596.81pts. This dragged YTD loss to a distressing 20.4%, the highest loss since 13th February 2015. Market capitalization declined N84.8bn to N9.5tn. Market activity on the other hand improved; volume and value traded rose to 176.4m (+14.0%) and N3.1bn (+38.0%) respectively. All key sector indices were also down. The Industrial Goods sector recorded 1.6% loss…

Cote D’Ivoire Stock Markets | 24 Nov 2015: Negative sentiment stays onBRVM Bourse equity markets … indices and market cap down

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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 297.46 to 295.08 points, a drop of 0.80 percent. BRVM Composite index lost 0.37 percent at 302.35 points against 303.47 points previously. The equity market capitalization dropped XOF 27.7 billion (about US$46 million) to close at XOF 7,461 billion relative to the previous trading…

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