The Editorial Team |

African Stock Markets Today: South Africa, Namibia, Nigeria Equities Higher … Uganda, Tunisia in Red ….

Today’s Leaders South African JSE All Share Index surged by 1.43 percent to settle at 50,088.86 points and Namibia Overall Share Index rose by 1.34 percent to close at 960.69. Also Nigerian All Shares Index ended at 31217.77 after adding 1.27 percent, Tanzania All Share Index climbed by 0.69 percent at 2531.08 and Ghana Composite Index closed at 2,005.82 points by adding 0.42 percent. Other gainers were BRVM Composite Index (+0.35 percent at 297.73 points), Swaziland All…

South Africa Equity Markets | 30 Sep 2015: South Africa’s Equity Indices Higher, Gold sector index lower ..

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JOHANNESBURG, South Africa, Capital Markets in Africa —Johannesburg Stock Exchange (JSE) All Share index finished 1.43 percent or 704.93 points higher to close at 50,088.86 points. The JSE Top 40 index also gained 721.72 points or 1.63 percent to end at 44,881.18 points. The JSE financial sector index surged by 1.16 points to end at 42,683.43 points. Both Industrial and Industrial 25 sector indexes higher by 1.65 percent to close at 74,745.80 points and added 1.65 percent to settle at 67,168.54…

Nigerian Equity Markets | 30 Sep 2015: Nigerian Equities Stays Bullish Ahead of ‘The List’ …NSE ASI up 1.3%

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Lagos, Nigeria, Capital Markets in Africa — The Nigerian Equities market sustained its upward trend at the close of trading today as massive buying activity in some blue chip stocks few minutes to the close of trading lifted the Benchmark index 1.3% higher to close at 31, 217.7pts. As a result MTD return settled at 5.2% while YTD return eased to –9.9%. The major stocks that drove market performance were DANGOTE CEMENT (+4.7%), ACCESS (+2.6%)…

Abraaj Group partners with Egyptian education provider Tiba

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Cairo, Egypt, Capital Markets in Africa — The Abraaj Group (‘Abraaj’ or the ‘Group’), a leading investor operating in global growth markets, today announced a partnership, through its second generation North Africa Fund (‘ANAF II’), with Tiba Group (‘Tiba’ or the ‘Company’), an education service provider in Egypt. Tiba operates across three verticals and through seven educational institutions in Egypt, serving approximately 20,000 students. The Group also announced the formation of an Education Management Company that…

Tanzania Equity Markets | 30 Sep 2015: Tanzania’s Stock Market Cap gains US$70 Mill, All Shares Index 0.69% up, Local Index 0.64% down …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — Positive momentum returned to the at the Tanzania Dar es Salaam Stock Exchange equity market at the end of today’s trading session. The equity market capitalization added TZS 151 billion (about US$70.13 million) to end at TZS 22,166 billion relative to market capitalization of TZS 22,016 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) surged by 17.32 points or 0.69…

Cote D’Ivoire Equity Markets | 30 Sep 2015: BRVM Equity Markets in the North Pole, Investors pocket US$53 Mill

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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, higher than the previous day. BRVM 10 index rose from 297.32 to 299.03 points, a gain of 0.58 percent. BRVM Composite index gained 0.47 percent at 298.06 points against 296.68 points previously. The equity market capitalization gained XOF 34 billion (about US$53 million) to close at XOF 7,355 billion relative to previous trading sessions’…

Kenya Equity Markets | 30 Sep 2015: NSE All Share 4bps Up, NSE20 Index 0.37 down, Investors gain US$37 Mill…

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Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange equity markets capitalization closed at KES 2,063 billion after adding KES 3.87 billion (c.US$36.8 million) or 0.19 percent from the market capitalization of KES 2,060 billion recorded at previous trading session. The Nairobi All Share Index surged by 0.04 percent or 0.06 points to end at 146.92 points but the Nairobi Securities Exchange (NSE20) index declined by 15.70 points or 0.37 percent to close at 4,173.52 points. The…

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