Zimbabwe Market Watch | May 13th 2015: Zimbabwe stock market gains 0.29% with market cap US$4.1 billion

Zimbabwe Market Watch | May 13th 2015: Zimbabwe stock market gains 0.29% with market cap US$4.1 billion

Harare, Zimbabwe (Capital Markets in Africa):- The Zimbabwe Stock Exchange (ZSE) ended on a positive note today. The Industrial index closed higher at 154.22 points adding 0.45 points (0.29%) with total market capitalization of US$4.088 billion. Today’s market activities measured by total turnover was recorded at US$1.436 million exchanging in nine securities and 23 transactions. Foreign investors buy US$1.192 million and sell US$ 710,603. Out the nine traded securities Innscor Africa Limited, Zimbabwe, Econet Wireless…

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Kenya Market Watch | May 12th 2015: Kenya equity indices end in Red….

Kenya Market Watch | May 12th 2015: Kenya equity indices end in Red….

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Security Exchange top 20 (NSE 20) Index declined by 29.58 points to close at 5,012.94 points today. Likewise, the Nairobi All Share Index went down by 1.19 points to close at 169.46 points with total market capitalization at KES 2,387.19 billion. The highest market gainers were Housing Finance edging up by 6.20 percent to close at KES 34.25, Crown Berger Paint Kenya gained 5.96 percent to settle…

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Cote d’Ivoire Market Watch | May 12th 2015: BRVM gained XOF 7.7 billion today

Cote d’Ivoire Market Watch | May 12th 2015: BRVM gained XOF 7.7 billion today

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day. BRVM 10 index rose from 271.35 to 272.34 points, a gain of 0.36%. BRVM Composite index gained 0.11% to 262.47 against 262.17 points previously. The equity market capitalization closed at XOF 6, 476.67 billion compared to XOF 6,469.11 billion recorded an increase of XOF 7.56 billion to previously trading session….

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Ghana Market Watch | May 12th 2015: Ghana Equities sustain its bullish ….

Ghana Market Watch | May 12th 2015: Ghana Equities sustain its bullish ….

Accra, Ghana (Capital Markets in Africa):- Ghana Stock exchange sustains its positive run today, with the benchmark Composite index rising by 5.12 points (0.36%) to close trading at 2,281.14 points; this brings its year-to-date performance to 0.89%. Likewise, the financial index added 7.24 points (1.16%) to close at 2,300.00 points (3.71% year-to-date performance). The market capitalization was recorded at GHS 63,606 million. A market activity, measured by volume, was recorded at 126.507. Shares valued at GHS 907,917 (lower than previous trading turnover)…

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Nigeria Market Watch | May 12th 2015: Nigerian Equity All Share Index pares 66bps

Nigeria Market Watch | May 12th 2015: Nigerian Equity All Share Index pares 66bps

Lagos, Nigeria (Capital Markets in Africa):- There is no respite yet for Nigerian Equities as the market extended its losing streak with the benchmark index shedding 66bps today to close at 34,115.49 points. Consequently, Month-to-date performance inched further southwards to 1.7%. The extended bearish run remained hinged on the bleak macroeconomic picture dampening sentiment for equities, most especially in relation to the policy direction of the incoming administration. Against this backdrop, investors further took profit in…

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Egypt Market Watch | May 12th 2015: Egyptian equities shed off about EGP 1.4 billion

Egypt Market Watch | May 12th 2015: Egyptian equities shed off about EGP 1.4 billion

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange (EGX) indices ended Tuesday’s trading on southward, due to uncertainty on the government decision on the controversial capital gains tax and pressured by institutional sell-offs. The Egyptian equity market capitalisation shed off about EGP 1.4 billion to settle at EGP 497.8 billion. Likewise, the benchmark index EGX30 fell 0.20%, or 17.51 points to close at 8674.34 points. Also, the small and mid-cap index declined by 0.91% to…

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Cote d’Ivoire Market Watch | May 13th 2015: BRVM composite index gain 76 bps

Cote d’Ivoire Market Watch | May 13th 2015: BRVM composite index gain 76 bps

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day for both BRVM 10 index and BRVM Composite. BRVM 10 index rose from 269.30 to 271.35 points, a gain of 0.76%. BRVM Composite index gained 0.42% to 262.17 against 261.08 points previously.   The equity market capitalization was recorded at XOF 6,491.11 billion. Likewise, the traded value was recorded at…

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