Botswana Market Watch | May 18th 2015: Botswana stocks kicked off on a slower pace

Botswana Market Watch | May 18th 2015: Botswana stocks kicked off  on a slower pace

Gaborone, Botswana (Capital Markets in Africa):- Botswana stock exchange kicked off the week on a slower pace as reflected by the relatively thin trades (volume of 63,472 and total turnover of BWP 130,467) and market capitalization recorded at BWP 381.192 billion. Only 11 counters exchanged hands with only 2 movers. The domestic composite index took a deep breath from its bull run as it shed 1.52 points to close at 10,392.98 points while the foreign composite…

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Mauritius Market Watch | May 18th 2015: Mauritius equity closed in negative

Mauritius Market Watch | May 18th 2015: Mauritius equity closed in negative

Port Louis, Mauritius (Capital Markets in Africa):-Stock Exchange of Mauritius indices closed in negative territory with the Semdex and SEM-10 losing 0.03 percent and 0.10 percent to reach 1,975.46 points and 375.47 points respectively. The market capitalization was recorded at MUR 219.714 billion. Looking at the market activity, overall market turnover amounted to MUR 90.0 million, geared towards CIEL Limited, Mauritius Commercial Bank (MCB) Group, Mauritius Development Trust Co, Limited (MDIT) and Lux Island Resorts Limited which…

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Egypt Market Watch | May 18th 2015: Equity equities surge by EGP 20.3 billion…

Egypt Market Watch | May 18th 2015: Equity equities surge by EGP 20.3 billion…

Cairo, Egypt (Capital Markets in Africa):- Egypt’s stock market indices rose and market capitalisation added about EGP 20.3 billion to close at EGP 501.590 billion amid announcement that the government decided to delay implementation of a much debated capital gains tax, which traders have criticised on the grounds that it is keeping away potential investment. The benchmark index EGX30 witnessed its biggest gains in 22 months, gaining 6.5 percent to close at 8,798.17 points (-1.44 percent year-to-date performance)….

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Egypt Market Watch | May 17th 2015: EGX indices slip and market cap EGP 960m down

Egypt Market Watch | May 17th 2015: EGX indices slip and market cap EGP 960m down

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange (EGX) indices open the week on a negative mood, while market capitalization lost nearly EGP 960 million to close at EGP 481.727 billion. On similar note, Sunday’s traded volume amounted to 158.3 million shares, exchanged at turnover of EGP 352.214 million. Foreign investors were net buyers by EGP 44.4 million while National and Arab traders were net sellers by EGP 21.4 million and EGP 23.1 million, respectively….

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Morocco Market Watch | May 15th 2015: Moroccan equity marginally up..

Morocco Market Watch | May 15th 2015: Moroccan equity marginally up..

Casablanca, Morocco (Capital Markets in Africa):- Morocco’s benchmark stock index (MASI Index) marginally rose by 0.06 percent to close at 9,851.75 points (2.41 percent year-to-date performance) with total market capitalization at MAD 498.269 billion and market activities measured as total traded value was closed at MAD 26.781 million. Likewise, Moroccan most active share index (MADEX) closed at 8,133.42pts (slightly advanced by 0.07 percent compared to previous trading day). In addition, FTSE CSE Morocco 15 Index gained…

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Mauritius Market Watch | May 15th 2015: Mauritius equity extends the gains..

Mauritius Market Watch | May 15th 2015: Mauritius equity extends the gains..

Port Louis, Mauritius (Capital Markets in Africa):-Stock Exchange of Mauritius indices were up during the session mainly on the back of Mauritius Commercial Bank (MCB) Group which went up after announcing a profit surge of 91.4% for the quarter ended 31 March 2015. The Semdex and the SEM-10 gained 0.56% and 0.58% respectively. Market turnover was mainly geared towards Mauritius Commercial Bank (MCB) Group and CIEL Group which together accounted for 76.9% of total value traded. MCB Group saw a cross…

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Kenya Market Watch | May 15th 2015: All Share Index slightly lost 0.05 percent

Kenya Market Watch | May 15th 2015: All Share Index slightly lost 0.05 percent

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE 20) rose by 1.00 points to close at 4,980.71 while Nairobi All Share Index went down by 0.09 points (-0.05 percent) to close at 167.73. On the one hand, the highest market gainer was Total Kenya Limited gaining 6.59 percent to close at KES 24.25, followed by Carbacid Investments rose 5.19 percent to end the day at KES 21.25. Likewise, Olympia Capital Holdings and Eveready East Africa appreciated by 5.15 percent (to…

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