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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Zambia to export 800,000 T of white maize to neighbouring states

LUSAKA (Reuters) – Zambia plans to export 800,000 tonnes of white maize to neighbouring countries after producing its biggest ever harvest, leaving the southern African nation with a large surplus, the agriculture minister said on Monday. Given Lubinda said on Hot FM Radio that Zambia had a surplus of over 1.1 million tonnes of white maize after its harvest rose by a third, to 3.3 million tonnes in the 2013/2014 (October-April) season compared with the…

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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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Zambia central bank to address volatile kwacha

LUSAKA (Reuters) – Zambia’s central bank will take measures to deal with the volatility in the kwacha’s exchange rate against the dollar, including tightening liquidity in the market, new Governor Denny Kalyalya said on Friday. The kwacha turned on his comments, firming by 1.3 percent to 7.55, having earlier fallen more than 1.1 percent against the greenback. The currency weakened to a record low of 7.7500 on Thursday. The local unit has fallen about 20…

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African Market Watch: Thurs, 19th March 2015

African Market Watch: Thurs, 19th 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 lower than the previous day. BRVM 10 index decreased from 268.47 to 268.38 points, a drop of 0.03%. BRVM Composite index lost 0.37% to 263.34 against 264.32 points previously. The equity market capitalization was recorded at XOF 6,498.11 billion, Likewise, the traded value was recorded at XOF 734.348 million and total volumes recorded at…

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African Market Watch: Wed, 18th March 2015

African Market Watch: Wed, 18th 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 gained 0.27% to close at 268.47pts and BRVM Composite index gained 0.04% to 264.32pts against 264.21pts previously. The equity market capitalization was recorded at XOF 6 522.15 billion, Likewise, the traded value was recorded at XOF 812.95 million and total volumes recorded at 150 410 shares in 157…

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African Market Watch: Tuesday, 17th March 2015

African Market Watch: Tuesday, 17th March 2015

BRVM [he Regional Stock Exchange, Cote d’Ivoire] 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 268.67 to 267.74 points, a drop of 0.35% and BRVM Composite index lost 0.25% to 264.21 against 264.86 points previously. The traded value is XOF 714.02 million against XOF 1.21 billion last Monday. Equity Market capitalization is XOF 6,519.64 billion and the top security…

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