Africa stock market

Morocco Market Watch | June 2nd 2015: Moroccan equity market continues in red

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity market continued it bearish mood today. Morocco’s benchmark stock index (MASI Index) lost 0.14 percent to close at 9,674.37 points (reduced year-to-date performance to 0.56 percent) with total market capitalization at MAD 491.454 billion (decreased by MAD 452 million compared to previous trading sessions market capitalization of MAD 491.906 billion) and market activities measured as total traded value was recorded at MAD 73.212 million (an increase of 245…

Cote d’Ivoire Market Watch | June 2nd 2015: BRVM stock market gains XOF 54 billion and indices rise

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) BRVM closed its trading session this Tuesday, higher than the previous day. BRVM 10 index rose from 273.46 to 276.13 points, a gain of 0.98%. BRVM Composite index gained 0.82% to 269.66 against 267.48 points previously. The equity market capitalization added XOF 54 billion to close recorded at XOF 6,600.34 billion. Looking at the market activity, today trading activity improved…

Egypt Market Watch | June 2nd 2015: Egypt’s stock market recovers and market cap gains EGP 3.5 billion.

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):- Egypt’s stock market recovered at end of Tuesday’s trading sessions, gaining around EGP 3.5 billion to end market capitalization at EGP 499,008 billion, backed by local institutions’ strong buying appetite. The benchmark index EGX30 (which measures the top 30 active stocks) retreated it early slide , closing with a gain of 1.17 percent or 102.55 points to end the day at 8,847.59 points. In the same positive trend, the small and mid-cap index EGX70 surge by…

Egypt Market Watch | June 1st 2015: Egypt equities continue to slide losing EGP 164 million

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity markets plummeted today, the first day of the week and month of June. The market capitalization lost GBP164 million to end at EGP 495.542, compared with previous market capitalization of EGP 495.705 billion. The benchmark index EGX30 (which measures the top 30 active stocks) retreated it early upsurge to later decline by 0.43 percent or 37.51 points to end the day at 8,745.04 points. Likewise, the small and mid-cap index EGX70 went…

Morocco Market Watch | June 1st 2015: Moroccan equity market returns to negative trend

Posted on by The Editorial Team

Casablanca, Morocco (Capital Markets in Africa):- Morocco’s benchmark stock index (MASI Index) lost 0.24 percent to close at 9,687.63 points (reduced year-to-date performance to 0.70 percent) with total market capitalization at MAD 491,906 billion (decreased by MAD 1.16 billion compared to previous trading sessions market capitalization of MAD 493.119 billion) and market activities measured as total traded value was recorded at MAD 21.195 million (a decrease from previous trading session of MAD 967.881 million). Likewise, Moroccan…

Cote d’Ivoire Market Watch | June 1st 2015: BRVM stock market begins on bearish by losing XOF 13bn

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Monday, lower than the previous trading sessions. BRVM 10 index decreased from 273.88 to 273.46 points, a drop of 0.15%. BRVM Composite index lost 0.19% to 267.48 against 268 points previously. The equity market capitalization was recorded at XOF 6,600.34 billion compared to XOF 6,613.04 billion previously (lost almost XOF 13 billion). Looking at the…

Egypt Market Watch | May 31st 2015: Egypt equities continue to slide losing EGP 5.4bn

Posted on by The Editorial Team

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity markets slipped today, pressured by a selling tendency among Arab investors. The market capitalization lost EGP 5.4 billion to close at EGP 495.705, compared with EGP 501.110 billion on previous trading sessions. The benchmark index EGX30 declined by 1.45 percent or 129.50 points to end the day at 8,782.55 points (-1.614 percent year-to-date performance). Likewise, the small and mid-cap index EGX70 went down by 1.76 percent (or 8.42 points) to settle at…

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