The Editorial Team

Cote d’Ivoire Equity Watch | 13 Aug 2015: BRVM Equities market capitalization US$61 million up …

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Thursday, higher than the previous day. BRVM 10 index rose from 307.75 to 308.58 points, a gain of 0.27 percent. BRVM Composite index gained 0.48 percent to 302.32 against 300.87 points previously. The equity market capitalization added XOF 36 billion (about US$61 million) to close at XOF 7,460 billion relative to previous trading sessions’ market…

South Africa Market Watch | 13 Aug 2015: Johannesburg Stock Exchange ends in green, with gains across the main sectors except gold mining

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Johannesburg, South Africa (Capital Markets in Africa) —Johannesburg Stock Exchange (JSE) rebound to green region, with gains across the main sector indices except gold mining sector index. Johannesburg Stock Exchange (JSE) All Share plunged by 804.84 or 1.59 percent to close at 51,375.44 points and the JSE Top 40 index plummeted by 897.36 points or 2.00 percent to end at 45,877.71 points. On the same trend, financial sector index surged by 0.93 percent or 416.29 points at 45,334.83…

Tanzania Equity Watch | 13 Aug 2015: Dar es Salaam Stock Exchange index surges by 0.36%, investors add US$40 million

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Dar es Salaam, Tanzania (Capital Markets in Africa):- The Dar es Salaam Stock Exchange index (DSEI) surged by 9.19 points or 0.36 percent to close at 2,592.45 points and the Tanzanian domestic Share Index rose by 49.84 points or 1.09 percent to close at 4,602.96 points. Likewise, the Banks, Finance & Investment sector index advanced by 142.58 points or 5.13 percent to close at 2,923.48 points but the Industrial & Allied sector index sagged by…

Nigeria Equity Watch | 13 Aug 2015: Nigeria Equities Extend Bearish Run on Banking Stocks Rout … ASI dips 114bps

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Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Equity Market extended losses to the third day as the All Share Index (ASI) dipped 114bps to close at 30,752.63, paring MTD performance +1.9% whilst driving YTD losses rose to -11.3%. The extended bearish run in the market was against the backdrop of sell-down pressure on Banking, Industrial and Consumer Goods bellwether counters: GUARANTY (-4.0%), ZENITH (-2.9%), FBNH (-4.9%), UBA (-8.3%), DANGCEM (-0.6%), and NIGERIAN BREWERIES…

Kenya Equity Watch | 13 Aug 2015: The bear persists … market capitalization 0.80% about US$172 million …

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Nairobi, Kenya (Capital Markets in Africa) — The bear persists at the end of Thursday’s trading session, hence the market capitalization plunged by 0.80 percent or KES 17.35 billion (almost US$172 million) to end at KES 2,148 billion relative to market capitalization of KES 2,165 billion recorded at previous trading session. In the same mood, the Nairobi Securities Exchange (NSE20) index sagged by3.54 points or 0.08 percent to close at 4,492.52 points and the Nairobi All…

Mauritius Equity Watch | 13 Aug 2015 : The Bull rescues equity traders from the bear, indices and market cap surge

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Port Louis, Mauritius (Capital Markets in Africa) — On Thursday the Bull rescued equity traders on Stock Exchange of Mauritius trading floor from the Bear. The market capitalization gained MUR 476 billion (US$7 million) to close at MUR 218.572 billion relative to previous market capitalization of MUR 218.096 billion. The Mauritius All Share Index (SEMDEX index) surged by 0.22 percent or 4.29 points to close at 1,965.75 points and the SEM10 index closed at 374.85 points after…

African power utility sector shines bright about the outlook ahead: PwC report

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JOHANNESBURG, South-Africa, (Capital Markets in Africa) — Survey finds companies and sector stakeholders optimistic about a range of key African electricity issues. 96% say there is a medium or high probability that load shedding will be the exception rather than the norm by 2025. Technological change expected to transform prospects for rural electrification. Business model transformation lies ahead for many power utility companies. Power utility companies and stakeholders across Africa anticipate a brighter and different outlook…

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