Egypt Market Watch | June 4th 2015: Egyptian equities indices fall, market cap lose EGP 2.2 billion

Egypt Market Watch | June 4th 2015: Egyptian equities indices fall, market cap lose EGP 2.2 billion

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange (EGX) indices were down on Thursday, while equities shed around EGP 2.2 billion of the market capitalisation to end at EGP 498.003 billion against EGP 500.239 billion on Wednesday trading session. The benchmark index EGX30 (which measures the top 30 active stocks), fell 1.4% or 124.84 points to close below the 8800 mark at 8780.76 points and reduced the year-to-date yield to -1.64 percent. Equally, the small and mid-cap…

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Nigeria Market Watch | June 3rd 2015: Nigerian Equities Market In Search of Direction… All Share Index down 54bps

Nigeria Market Watch | June 3rd 2015: Nigerian Equities Market In Search of Direction… All Share Index down 54bps

Lagos, Nigeria (Capital Markets in Africa):- The gain recorded on the Nigerian bourse yesterday was not sustained during today’s trade as the All Share Index (ASI) declined 54bps to close at 33,879.21pts. Hence, investors lost the sum N62.1bn as market capitalisation settled at N11.5tn. Today’s decline was majorly driven by declines in the Oil & Gas and Banking baskets — FORTE OIL (-5.0%) and GUARANTY (-3.7%) respectively. Market activities were however mixed as volume improved by…

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Ghana Market Watch | June 3rd 2015: Ghana equity market cap GHS 11 million, indices down

Ghana Market Watch | June 3rd 2015: Ghana equity market cap GHS 11 million, indices down

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets gave up yesterday gains, so end in negative territory. The benchmark composite index gained 0.82 points (about 0.03 percent) to end the day at 2,367.14, increasing the year- to- date return to 4.66 percent. The financial Index also plummeted by 3.22 points (0.13 percent) to 2,420.10 with a year-to-date return of 7.90 percent. In the same negative mood, the market capitalization shed off nearly GHS 11.2 million (0.02 percent) to settle at…

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Kenya Market Watch | June 3rd 2015: Kenyan equity market cap loses KES 200 million, indices fall

Kenya Market Watch | June 3rd 2015: Kenyan equity market cap loses KES 200 million, indices fall

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity market continued on the downward trend at end of trading sessions. The Nairobi Securities Exchange (NSE20) index  plummeted by 26.16 points to 4,790.50 points and Nairobi All Share Index slid by 0.02 points or 0.01 percent to conclude at 164.23. However, the FTSE NSE 25 and FTSE NSE 15 indices gained 1.80 percent (or 3.80 points) and 1.70 percent (or 3.70 points) to close the day at 218.46…

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Mauritius Market Watch | June 3rd 2015: Mauritius equity market maintains positive trend…

Mauritius Market Watch | June 3rd 2015: Mauritius equity market maintains positive trend…

Port Louis, Mauritius (Capital Markets in Africa):-Mauritius equity market indices maintained positive trend during the session. The Semdex went up by 0.14 percent to 1959.73 points while the SEM-10 gained 0.17 percent to close at 371.45 points. Looking at the market activity, today’s overall turnover on the market amounted to 53.0m and was mainly geared towards CFS and SBMH which accounted for 78.2 percent. CFS gained 0.4 percent to MUR 9.78 on a total volume of 2.4…

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Cote d’Ivoire Market Watch | June 3rd 2015: BRVM equity market cap adds XOF 70 billion and composite index rise

Cote d’Ivoire Market Watch | June 3rd 2015: BRVM equity market cap adds XOF 70 billion and composite index rise

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) BRVM main indices closed the trading session this Wednesday lower than the previous day for BRVM 10, and higher for BRVM Composite. BRVM 10 index decreased from 276.13 to 275.83 points, a drop of 0.11%. BRVM Composite index gained 0.24% to 270.31 against 269.66 points previously. Likewise, the equity market capitalization added XOF 70 billion to close at XOF 6,…

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Morocco Market Watch | June 3rd 2015: Moroccan equity market retracts, adds MAD 1.13 billion

Morocco Market Watch | June 3rd 2015: Moroccan equity market retracts, adds MAD 1.13 billion

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity market retracted the  bearish mood today. Morocco’s benchmark stock index (MASI Index) added 0.26 percent to close at 9,701.77 points (increased year-to-date performance to 0.85 percent) with total market capitalization at MAD 492.583 billion  (rose by MAD 1.13 billion compared to previous trading sessions market capitalization of MAD 491.454 billion) and market activities measured as total traded value was recorded at MAD 90.161 million (an increase of 23…

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