Mauritius Market Watch | June 2nd 2015: Mauritius equity market indices maintains positive trend

Mauritius Market Watch | June 2nd 2015: Mauritius equity market indices maintains positive trend

Port Louis, Mauritius (Capital Markets in Africa):-Mauritius equity market indices maintained upwards trend during today’s session. The Semdex gained 0.17 percent to 1956.99 points and the SEM-10 rose by 0.19 percent to 370.81 points. With regard to market shakers, overall total market turnover amounted to MUR 50.8 million mainly geared towards SBM Holdings which accounted for 53.4 percent of total market turnover. SBM Holdings traded flat at MUR 0.93 on 29.2 million shares. MCB Group…

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Nigeria Market Watch | June 1st 2015: Nigerian Equities Market Drags on Buhari’s Torch…NSE ASI down 0.8%

Nigeria Market Watch | June 1st 2015: Nigerian Equities Market Drags on Buhari’s Torch…NSE ASI down 0.8%

Lagos, Nigeria (Capital Markets in Africa):- The Nigerian Bourse fell 0.8% at the close of market today and berthed at 34,044.65 points. Today’s decline was largely due to price depreciation in NIGERIAN BREWERIES (-2.1%) and ZENITH BANK (-2.5%). Market capitalization shed N90.3bn to close at N11.6tn. Market activity also weakened as volume and value dropped 52.1% and 53.9% to dock at 340.6m units and N5.5bn respectively.  The Industrial sector Index rose marginally by 1bps as ASHAKA CEMENT added 0.3%. All other sectors closed…

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Mauritius Market Watch | June 1st 2015: Mauritius equity market Semdex index gained 0.08%

Mauritius Market Watch | June 1st 2015: Mauritius equity market Semdex index gained 0.08%

Port Louis, Mauritius (Capital Markets in Africa):-Mauritius equity market Semdex gained 0.08% to 1953.59 points and the SEM-10 increased by 0.15% to 370.10 points. The market capitalization ended the trading session at MUR 217.195 billion. From the market activity perspective, today total market turnover amounted to MUR 64.2 million mainly geared towards Sanlam, New Mauritius Hotel and SBM Holidngs Mauritius which accounted for 76.2% of total market turnover. In term of price movers, Sanlam lost 4.2 percent to reach MUR 5.50 on a volume of 93,400 shares. While SBM…

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Botswana Market Watch | June 1st 2015: Botswana equity market starts June with positive trend.

Botswana Market Watch | June 1st 2015: Botswana equity market starts June with positive trend.

Gaborone, Botswana (Capital Markets in Africa):- The Botswana domestic composite index starts the week on a positive trend, adding 0.03 percent to extend its year-to-date growth by 10.59 percent. However, the foreign composite index remained flat to close at 1,569 points and year-to-date return is still in the red. The equity market capitalization gained BWP 608 million to end the day at BWP 382,197. From the market activity viewpoint, the markets started the start day of the week with a snail’s…

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Mauritius Market Watch | May 29th 2015: Mauritius equity market indices ended the week on a negative note today

Mauritius Market Watch | May 29th 2015: Mauritius equity market indices ended the week on a negative note today

Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity market indices ended the week on a negative note today. The SEMDEX index lost 0.21 percent to end at 1952.00 points and the SEM10 index fell by 0.41 percent to 369.56 points. The market capitalization was recorded at MUR 217.018 billion at end of today’s trading sessions. Looking at the market activity, today total market turnover amounted to MUR 145.2 million mainly geared towards SBM Holdings, MCB Group…

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Egypt bourse to reduce free float required to list on EGX 30

Egypt bourse to reduce free float required to list on EGX 30

Cairo (Capital Markets in Africa):- – Egypt’s stock exchange said on Thursday it would reduce the free float required for new companies to list on its benchmark EGX 30, as part of structural changes to the index. Companies previously had to have a 15 percent free float to list on the EGX 30. Under the new rules, which take effect on August 1, firms will be able to join with a minimum 5 percent free float…

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Botswana Market Watch | May 28th 2015: Botswana equity market gains 0.1%

Botswana Market Watch | May 28th 2015: Botswana equity market gains 0.1%

Gaborone, Botswana (Capital Markets in Africa):- The Botswana domestic composite index continued to head northwards, gaining 0.08 percent to extend its year-to-date growth by 10.15 percent. However, the foreign composite index remained flat to close at 1,569 points and year-to-date return is still in the red, reflecting the depressed international commodity market. The equity market capitalization was recorded at BWP 381.589 billion. From the market activity viewpoint; the total volume and total turnover were recorded at 8.442 million (increased by 122 percent…

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