African Stock Market Performance in First Quarter, 2015

African Stock Market Performance in First Quarter, 2015

The Uganda Securities Exchange closed the first quarter (Q1) 2015 as the best performer (in local currency term), leading others on the continent. The exchange appreciated by 7.8 per cent. On the contrary, Nigerian Stock Exchange closed as the worst performer, shedding about 8.4 percent in the Q1.   Apart from Uganda that led with 7.8 per cent, the Nairobi Securities Exchange closed the Q1 with a growth of 7.5%, as well as Casablanca Stock Exchange, Morocco,…

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Nigerian Equity: Week Ending 27th March 2015

Nigerian Equity: Week Ending 27th March 2015

The week ending 27th March 2015, heavy transactions in the shares of some banks and insurance companies, especially United Bank for Africa (UBA), Mansard Insurance, lifted the volume of shares traded, as a turnover of 2.509 billion shares worth NGN24.115 billion were exchanged in 19,971 deals by investors on the floor of the Nigerian Stock Exchange. In comparison to previous week, a total of 1.382 billion shares valued at NGN12.053 billion changed hands in 16,877…

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African Market Watch: Thurs, 26th March 2015

African Market Watch: Thurs, 26th March 2015

BRVM [he 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. BRVM 10 index rose from 270.42pts to 270.97pts, a gain of 0.20%. BRVM Composite index gained 0.28% to 266.05pts against 265.32pts previously. The equity market capitalization was recorded at XOF 6,564.81 billion. Likewise, the traded value was recorded at XOF 395.679 million and total volumes recorded at 56,555 shares in…

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African Market Watch: Wed, 25th March 2015

African Market Watch: Wed, 25th March 2015

BRVM [he 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. BRVM 10 index rose from 268.74 to 270.42pts, a gain of 0.63%. BRVM Composite index gained 0.53% to 265.32 against 263.91pts previously. The equity market capitalization was recorded at XOF 6,546.91 billion. Likewise, the traded value was recorded at XOF 806.047 million and total volumes recorded at 1,613,293 shares in…

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African Market Watch: Tuesday, 24th March 2015

African Market Watch: Tuesday, 24th March 2015

BRVM [he 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 decreased from 269.39 to 268.74pts, a drop of 0.21%. BRVM Composite index lost 0.21% to 263.91 against 264.46pts previously. The equity market capitalization was recorded at XOF 6,512.01 billion. Likewise, the traded value was recorded at XOF 301.086 million and total volumes recorded at 902,438 shares in…

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African Market Watch: Monday, 23rd March 2015

African Market Watch: Monday, 23rd March 2015

BRVM [he Regional Stock Exchange, Cote d’Ivoire] BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, slightly higher than the previous day. BRVM 10 index rose from 269.37 to 269.39 points, a gain of 0.01%. BRVM Composite index gained 0.02% to 264.46 against 264.41 points previously. The equity market capitalization was recorded at XOF 6 525.66 billion. Likewise, the traded value was recorded at XOF 922.082 million and total volumes recorded…

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African Market Watch: Friday, 20th March 2015

African Market Watch: Friday, 20th March 2015

BRVM [he Regional Stock Exchange, Cote d’Ivoire] BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous trading day. BRVM 10 index rose from 268.38 to 269.37 points, a gain of 0.37%. BRVM Composite index gained 0.41% to 264.41 against 263.34 points previously. The equity market capitalization was recorded at XOF 6,524.51 billion, Likewise, the traded value was recorded at XOF 368.363 million and total volumes recorded at…

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