Morocco Equity Watch | 3rd July 2015: Morocco equity markets rally as Market sentiment recovers to move index up 80 points..

Morocco Equity Watch | 3rd July 2015: Morocco equity markets rally as Market sentiment recovers to move index up 80 points..

Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets rallied to recover ending the week up following on from previous days losses. The Moroccan benchmark stock index (measured as MASI Index) gained by 0.73 percent to close at 9,621.22 up 80.09 points from the 9,541.13 points recorded yesterday (with a year-to-date performance to 0.01 percent).  On the same note, the Moroccan most active share index (MADEX) closed at 7,878,91 up from the 7,812.59 points recorded…

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Botswana Equity Watch | 2nd July 2015: Botswana equity market sees slow recovery as DCI gains 0.07, LASI down 0.01 percent

Botswana Equity Watch | 2nd July 2015: Botswana equity market sees slow recovery as DCI gains 0.07, LASI down 0.01 percent

Gaborone, Botswana (Capital Markets in Africa):- The Botswana domestic composite index gained 0.07 percent to close at BWP 10,697.69 up 7.60 points from its last close of BWP 10,690.08. The foreign composite index however remained flat recording no change to close at 1,571.85 points to settle on the same points as the previous day. The Local Asset Sector Index (LASI) recorded a slight change closing 797.33 down 0.01 percent from its previous close of 797.40 signifying a…

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Egypt Equity Watch | 2nd July 2015: Egyptian equity continue downward, market cap down EGP 1.2 billion

Egypt Equity Watch | 2nd July 2015: Egyptian equity continue downward, market cap down EGP 1.2 billion

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets continued its downward trend losing EGP 1.19 billion in market capitalization, confirming a weakening market which ended at EGP 483.980 billion; relative to EGP 485.175 billion recorded at yesterday’s trading session. The benchmark index EGX30 dropped 0.68 percent to end the day at 8314.72 points or 56.81 points from the previous days value of 8,371.53 points (with the resultant year-to-date performance of -6.8544 percent). Likewise, EGX70, which measures small and mid-cap index, plunged by  -0.55 percent or 2.43 points to settle at 442.26…

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Zimbabwe Market Watch | 2nd July 2015: Zimbabwe equities continue in red zone, market cap gives away US$21 Mill…

Zimbabwe Market Watch | 2nd July 2015: Zimbabwe equities continue in red zone, market cap gives away US$21 Mill…

Harare, Zimbabwe (Capital Markets in Africa):– The Zimbabwe Stock Exchange (ZSE) industrial index and market capitalization continued see red at the end of the day’s session. The industrial index tumbled by -0.67 percent or a further 0.67 points on Wednesday’s session to end at 146.23 points, stretching the year-to-date to -10.17 percent and -21.58 on year-on-year basis. The mining index also tumbled by -2.70 percent or -2.70 percent to settle at 39.64 points (-44.72 percent…

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Ghana Equity Watch | 2 July 2015: Ghana equity markets indices and market capitalization bearish today, US$ 52 million down

Ghana Equity Watch | 2 July 2015: Ghana equity markets indices and market capitalization bearish today, US$ 52 million down

Accra, Ghana (Capital Markets in Africa):- Ghana stock market was closed yesterday for the independent day and closed on negative note today’s trading session. The benchmark composite index plunged by 9.44 points or about 0.40 percent to end the day at 2,342.79, bringing the year- to- date return to 3.62 percent. Equally, the financial Index dropped by 13.06 points or 0.55 percent to 2,381.62 with a year-to-date return of 6.15 percent. Likewise, the market capitalization nearly dropped by GHS 51.5 million (or…

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Nigeria Equity Watch | 2 July 2015 : Nigerian Bourse Records Soft Readings…NSE ASI down 38bps.

Nigeria Equity Watch | 2 July 2015 : Nigerian Bourse Records Soft Readings…NSE ASI down 38bps.

Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Bourse sustained bearish trend although at a rate lower than the previous session as the NSE ASI eased 0.4% further to settle at 32,739.11 points. Market capitalization shed N42.4bn and closed at N11.2tn. Today’s decline was driven majorly by losses in UNILEVER (-1.1%) and 7UP (-1.6%). Similarly, Market value and volume traded declined 62.6% and 42.3% to berth at N1.8bn and 186.7m units respectively. The Oil…

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Kenya Equity Watch | 2 July 2015: Kenya equity markets continues on downtrend, NSE20 index shed 0.39% … market cap KES 12 billion down

Kenya Equity Watch | 2 July 2015: Kenya equity markets continues on downtrend, NSE20 index shed 0.39% … market cap KES 12 billion down

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity markets continued to trade in negative. The market capitalization closed at to close at KES 2,273.05 billion, by dropping KES 12.0 billion or 0.53 percent relative to market capitalization of KES 2,285.09 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index shed a further 18.82 points or 0.39 percent to close at 4,839.60 points and Nairobi All Share Index tumbled by 0.86 points or 0.53…

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