The Editorial Team |

Mauritius Equity Markets | 08 Oct 2015 : Mauritius Investors lose MUR 932 Mill today, SEMDEX index 0.44% down …

PORT LOUIS, Mauritius, Capital Markets in Africa — The negative sentiment entered its fourth day at the Stock Exchange of Mauritius equity markets trading session. The equity market capitalization ended at MUR 211.691 billion after dropping MUR 932 million (about US$26.2 million) compared to previous market capitalization of MUR 212.623 billion. The Mauritius All Share Index (SEMDEX index) fell by 0.44 percent or 8.37 points to close at 1,900.93 and SEM10 index sagged by 0.49 percent…

African Sovereign Eurobond September 2015 Review: Yield widening, US$449 Billion Amount Outstanding …

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Lagos, Nigeria, Capital Markets in Africa — The continued low oil and commodity price environment had doubled whammy on most African countries (especially commodity dependent countries) by reducing foreign earnings and depreciation of currency. New issuance from the continent dropped to $4.25 billion in the first nine months of 2015, with only Egypt (US$1.5 billion) Cote D’Ivoire (US$ 1 billion), Gabon (US$ 500 million) and Zambia (US$1.25 billion) coming to the market a disappointing figure relative to a of…

Ghana launches 15-yr US$1 billion Eurobond at 10.75% coupon rate

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ACCRA, Ghana, Capital Markets in Africa — Ghana launched a US$1 billion Eurobond on Wednesday at a 10.75 percent coupon rate, becoming the first country in sub-Saharan Africa outside of South Africa to issue a 15-year bond, Finance Minister Seth Terkper said in a statement. The bond was 100 percent oversubscribed showing a “high appetite for Ghana’s credit” and a World Bank partial bond guarantee of $400 million enabled Ghana “to borrow on reasonable terms…

Nigerian Equity Markets | 07 Oct 2015: Losses Continue to the Fourth Day… NSE ASI down 0.6%

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Lagos, Nigeria, Capital Markets in Africa — The All Share Index –ASI – continued into its fourth day of losses, shedding 0.6% to settle at 30,141.06pts. In like manner, market capitalisation declined N65.2bn to close at N10.4tn. The weakening in the index was against value depreciation in GUARANTY (-4.4%), FORTE OIL (-3.6%) and ZENITH (-1.8%). Market activities were however mixed as volume waned 12.7% to 262.2m units while value rose 24.2% to settle at N3.8bn….

South Africa Equity Markets | 07 Oct 2015: JSE All Share closes 0.95% higher, resource stocks gain 4.77%, gold mining loses 4.35%

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JOHANNESBURG, South Africa, Capital Markets in Africa —- On Wednesday, Johannesburg Stock Exchange (JSE) All Share index ended 0.95 percent or 495.27 points higher to close at 52,565.42 points. The JSE Top 40 index also added 538.56 points or 1.16 percent to end at 47,162.94 points. Looking at the sector indices, JSE financial sector index surged by 0.50 percent to end at 44,464.37 points. Both Industrial and industrial 25 sector indexes higher by 0.45 percent to close at 77,763.90 points and added…

Tanzania Equity Markets | 07 Oct 2015: Bear sentiment stays, market capitalization US$12 Million down …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — Blood shedding continued on the Dar Es Salaam Stock Exchange equity trading at the close of Wednesday’s trading session. The equity market capitalization lost TZS 25 billion (about US$11.6 million) to end at TZS 21,560 billion relative to market capitalization of TZS 21,585 billion recorded at the previous trading session. The Dar es Salaam Stock Exchange index (DSEI) sagged by 2.87 points or 0.12 percent to…

Cote D’Ivoire Equity Markets | 07 Oct 2015: BRVM Composite index 0.23% down, BRVM 10 index 0.28% lower, Investors shed US$20 Million

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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 Wednesday lower than the previous day. BRVM 10 index decreased from 304.86 to 304 points, a drop of 0.28 percent. BRVM Composite index lost 0.23 percent at 302.63 points against 303.33 points previously. The equity market capitalization sagged by XOF 11.37 billion (about US$20 million) to close at XOF 7,468 billion relative to previous trading…

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