African Capital Markets

Cote D’Ivoire Stock Markets | 24 Nov 2015: Negative sentiment stays onBRVM Bourse equity markets … indices and market cap down

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday lower than the previous day. BRVM 10 index decreased from 297.46 to 295.08 points, a drop of 0.80 percent. BRVM Composite index lost 0.37 percent at 302.35 points against 303.47 points previously. The equity market capitalization dropped XOF 27.7 billion (about US$46 million) to close at XOF 7,461 billion relative to the previous trading…

Mauritius Equity Markets | 24 Nov 2015: SBM Holding, MCB Group Pull Equity index higher …

Posted on by The Editorial Team

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets bounced back to positive territory. The equity market capitalization ended at MUR 201.997 billion after dropping MUR 125 million (about US$3.3 million) relatively to the previous market capitalization of MUR 201.872. The Mauritius All Share Index (SEMDEX index) gained 0.06 percent or 1.12 points to close at 1,813.86 and SEM10 index added 0.18 percent or 0.61 points to end at 347.73…

Cote D’Ivoire Stock Markets | 23 Nov 2015: BRVM equity settle in the red, market cap US$207 million lower …

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 day. BRVM 10 index decreased from 304.46 to 297.46 points, a drop of 2.30 percent. BRVM Composite index lost 1.64 percent at 303.47 points against 308.52 points previously. The equity market capitalization dropped XOF 124.6 billion (about US$207 million) to close at XOF 7,488 billion relative to the previous trading…

Mauritius Equity Markets | 23 Nov 2015: Mauritius Equity Trading Ends in Red, SEMDEX 0.20% down …

Posted on by The Editorial Team

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets opened the week in the negative zone. The equity market capitalization ended at MUR 201.872 billion. The Mauritius All Share Index (SEMDEX index) dipped by 0.20 percent or 3.60 points to end at 1,812.74 and SEM10 index dropped 0.04 percent or 0.13 points to end at 347.11 points. From the market activity viewpoint, the overall total volume trade ended at 5,768…

Africa’s much-trumpeted growth is a reality but not a quality growth — Dr. Calos Lopes

Posted on by The Editorial Team

Kinshasa, DR Congo, Capital Markets in Africa — The most urgent challenge faced by Africa at the present time is how to eradicate poverty while promoting prosperity. While we seem to be doing well on the latter front, with average economic growth of 5 per cent over the past decade – well above the global average – the picture is much less encouraging with regard to the fight against poverty. Africa’s much-trumpeted growth is a…

South Africa Reserve Bank hikes Repo Rate to curtail inflation and strengthen rand …

Posted on by The Editorial Team

Johannesburg, South Africa, Capital Markets in Africa — The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) unexpectedly raised the Repurchase Rate by 25 basis points to 6.25 percent, according to the press release issued on Thursday 19 November 2015 and signed by the SARB Governor Lesetja Kganyago. The MPC also lowered its inflation and growth forecasts for 2015, it also warned of the risk of price pressures spreading because of a weakening rand…

Mauritius Equity Markets | 19 Nov 2015: Mauritius equities continue to shed blood…market cap loses US$44 million …

Posted on by The Editorial Team

PORT LOUIS, Mauritius, Capital Markets in Africa — Negative sentiment persisted on the Stock Exchange of Mauritius equity markets at the end of Thursday’s trading session. The equity market capitalization closed at MUR 203.293 billion after losing MUR 1.7 billion (about US$44 million) relatively to the previous market capitalization of MUR 205.117. The Mauritius All Share Index (SEMDEX index) dipped by 0.37 percent or 6.72 points to end at 1,825.49 and SEM10 index plummeted by 0.44…

« 1 2 3 4 5 6 … 18 »