Market Watch | - Part 194

African Market Watch: Friday, 10th April 2015

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day for both BRVM 10 index and BRVM Composite. The BRVM 10 index fell from 268.21pts to 266.59pts, a drop of 0.63%. The BRVM Composite index decreased by 0.46% to 257.18pts against 258.38pts previously. The equity market capitalization was recorded at XOF 6,345.97 billion. Likewise, the traded value was recorded at…

Nigeria Capital Market: Week Ended 10th April, 2015

Posted on by The Editorial Team

Investors to Re-price Financial Assets… as 2015 Polls Close Out After the historic Presidential and National Assembly elections conducted a fortnight ago, Nigerians are gearing up for the Gubernatorial and State parliamentary elections scheduled to hold tomorrow, 11th April 2015. The Gubernatorial elections will be held in 29 states while the Parliamentary elections will hold in all the 36 states. In contrast to the public apprehension that preceded the March 28th elections, the generally peaceful…

African Market Watch: Thurs, 9th April 2015

Posted on by The Editorial Team

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day for both BRVM 10 index and BRVM Composite. BRVM 10 index fell from 269.11pts to 268.21pts, a drop of 0.33%. BRVM Composite index decreased by 0.62% to 258.38pts against 259.98pts previously. The equity market capitalization was recorded at XOF 6,375.58 billion. Likewise, the traded value was recorded at XOF 248.091…

African Market Watch: Wed, 8th April 2015

Posted on by The Editorial Team

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day for BRVM 10 index, and lower for BRVM Composite. BRVM 10 index rose from 269.02pts to 269.11pts, a gain of 0.03%. BRVM Composite index lost 0.79% to 259.98pts against 262.04pts previously. The equity market capitalization was recorded at XOF 6,415.10 billion. Likewise, the traded value was recorded at XOF 462.256…

African Market Watch: Tuesday, 7th April 2015

Posted on by The Editorial Team

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day. BRVM 10 index fell from 269.02pts to 269.20pts, a lost of 0.07%. BRVM Composite index gained 0.23% to 262.04pts against 262.64pts previously. The equity market capitalization was recorded at XOF 6,466.06 billion. Likewise, the traded value was recorded at XOF 915.240 million and total volumes recorded at 223,641 shares in…

Egyptian Stock Exchange recorded EGP 79.8bn turnover in first quarter of 2015

Posted on by The Editorial Team

The total value of stocks traded in the first quarter (Q1) of 2015 registered EGP 79.8bn, compared to EGP 64.9 billion the previous quarter (Q4 of 2014), according to quarterly report issued by the Egyptian Stock Exchange. Also the report, stated that the stocks trading accounted for 68.54% of the total value traded of the main market, while the remaining 31.46% were captured by bonds over the quarter. In the report, the total volume traded…

Nigeria Capital Market: Week Ended 2nd April, 2015

Posted on by The Editorial Team

Domestic Polity Stability Spurs Capital Market Resurgence Following an extended period of political uncertainty and weakening macro-economic indicators which depressed investors’ confidence and beclouded the performance of Africa’s largest economy, the economy seems to be rebounding. The rear outcome of the presidential election which saw the unseating of the incumbent People’s Democratic Party’s Goodluck Jonathan and the historic victory of General Muhammadu Buhari is telling on the future of Nigeria as the African economic power…

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