African Stock Market March 2016: Bull rules, Egyptian equities rewards local investors with 22.4% gains

African Stock Market March 2016: Bull rules, Egyptian equities rewards local investors with 22.4% gains

LAGOS, Nigeria, Capital Markets in Africa — The Federal Reserve’s dovish stance on U.S. interest rates and a rebound in commodity prices fuelled an African-market rally in March, leading currencies to record monthly gains against the dollar. African equity market performance measured by country equity benchmark index returns ended in positive for the month, with eleven gainers and seven losers on the local currency basis. March’s average return of 2.3 percent was recorded across eighteen African…

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Morocco Equity Markets | 21 Mar 2016: Moroccan Stocks Climb to 7-Month High, Led by Lafarge

Morocco Equity Markets | 21 Mar 2016: Moroccan Stocks Climb to 7-Month High, Led by Lafarge

Casablanca, Morocco, Capital Markets in Africa —Casablanca Stock Exchange witnessed positive return at the end of Monday’s equity trading session. The Moroccan benchmark stock index (measured as MASI Index) went up 1.21 percent to end at 9,409.94 points (with a year-to-date performance to 5.43 percent) with total market capitalization at MAD 471.621 billion (a fall of MAD 4.84 billion or US$28 million relative to previous market capitalization of MAD 466.778). The market activity measured as total…

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African Stock Market February 2016: BRVM Bourse & Kenya Stocks reward local and foreign investors

African Stock Market February 2016: BRVM Bourse & Kenya Stocks reward local and foreign investors

LAGOS, Nigeria, Capital Markets in Africa —Stronger commodity prices helped most African stock markets to rebound in February. The rally has been sparked by a rebound in commodity prices with gold up 21 percent from its December low. Commodities are rallying amid more optimism over economic growth in China, while negative interest rates in countries like Japan and Switzerland are increasing the appeal of gold as a safe haven. Consequently, African equity market performance measured by country equity benchmark index returns…

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Morocco Equity Markets | 31 Dec 2015: Morocco equity investors lose MAD 31bn and All Share index falls 7.22% in 2015 …

Morocco Equity Markets | 31 Dec 2015: Morocco equity investors lose MAD 31bn and All Share index falls 7.22% in 2015 …

Casablanca, Morocco, Capital Markets in Africa —Casablanca Bourse ended Thursday’s trading session; the last trading session of 2015 in a positive region to cushion the overall loses in 2015. The Moroccan benchmark stock index (measured as MASI Index) advanced by 0.64 percent to close at 8,925.71 points (with a year-to-date performance to -7.22 percent) and the equity market capitalization closed 2015 at MAD 453.316 billion (by gaining of MAD 4.62 billion or US$462 million relative to…

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Morocco Equity Markets | 26 Nov 2015: Moroccan equity indices down and investors lose MAD 247 million …

Morocco Equity Markets | 26 Nov 2015: Moroccan equity indices down and investors lose MAD 247 million …

Casablanca, Morocco, Capital Markets in Africa — Casablanca Stock Exchange witnessed negative return at the end of Thursday’s equity trading session. The Moroccan benchmark stock index (measured as MASI Index) went down 0.15 percent to end at 9,108.93 points (with a year-to-date performance to -5.31 percent) with total market capitalization at MAD 458.810 billion (a fall of MAD 247 million or US$28 million relative to previous market capitalization of MAD 459.057). The market activity measured as…

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

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

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…

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Morocco Equity Markets | 24 Nov 2015: All Share index almost flat, market cap adds US$15 million …

Morocco Equity Markets | 24 Nov 2015: All Share index almost flat, market cap adds US$15 million  …

Casablanca, Morocco, Capital Markets in Africa — The Moroccan benchmark stock index (measured as MASI Index) marginally gained 0.09 points to end at 9,108.93 points (with a year-to-date performance to -5.31 percent) with total market capitalization at MAD 458.351 billion (a gain of MAD 142 million or US$14.5 million relative to previous market capitalization of MAD 458.239). The market activity measured as total traded value was recorded at MAD 555.132 million  relatively to the previous total traded…

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