Cote d’Ivoire Equity Watch | 1 July 2015: BRVM Equity markets closed lower today, market cap XOF 4.4 billion down

Cote d’Ivoire Equity Watch | 1 July 2015: BRVM Equity markets closed lower today, market cap XOF 4.4 billion down

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) BRVM closed the first day in the July trading session, lower than the previous day. BRVM 10 index decreased from 279.08 to 278.27 points, a drop of 0.29%. BRVM Composite index lost 0.06% to 278.26 against 278.44 points previously. The equity market capitalization lost XOF 4.4 billion to close at XOF 6,866.24 billion relative to previous trading sessions’ market capitalization…

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Nigeria: Helios and Vitol acquire equity stake in Oando’s downstream businesses

Nigeria: Helios and Vitol acquire equity stake in Oando’s downstream businesses

LAGOS, Nigeria (Capitla Markets in Africa) — A consortium comprising Helios Investment Partners (“Helios”, acting on behalf of funds it advises) and The Vitol Group (“Vitol”) (together, the “Consortium”) today announced it has reached an agreement to acquire 60 per cent of the economic rights and 51 per cent of the voting rights in the West African downstream business of Oando Plc, an integrated oil and gas company headquartered in Nigeria, for a sum of…

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Nigeria Equity Watch | 30 June 2015: Nigerian Bourse took a bullish leap as last-minute rally …

Nigeria Equity Watch | 30 June 2015: Nigerian Bourse took a bullish leap as last-minute rally …

Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Bourse took a bullish leap as last-minute rally in DANGOTE CEMENT (+3.5%), NIGERIAN BREWERIES (+1.9%) and UBN (+4.7%) fired up the Index. Intraday market movement indicated a broadly bearish session before a last minute jump saved the day. Hence, NSE ASI went up 0.6% to berth at 33,456.83 points and YtD loss moderated to 3.5%. We believe this last-minute rally was driven by mid-year portfolio reassessment…

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Kenya Equity Watch | 30 June 2015: Kenya equity market sustains the bullish run, market cap KES 21 billion up

Kenya Equity Watch | 30 June 2015: Kenya equity market sustains the bullish run, market cap KES 21 billion up

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity markets sustained yesterday’s gains. The market capitalization closed at to close at KES 2,301.88 billion, by adding KES 20.86 billion or 0.91 percent relative to market capitalization of KES 2,281.02 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index edged higher by 68.49 points or 1.42 percent to close at 4,906.07 points and Nairobi All Share Index surged by 1.33 points or 0.81 percent to…

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Mauritius Equity Watch | 30 June 2015: Mauritius equity market reverts to positive, add MUR 87 million

Mauritius Equity Watch | 30 June 2015: Mauritius equity market reverts to positive, add MUR 87 million

Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity markets reverted to positive after yesterday’s lost. The Mauritius All Share Index (SEMDEX index) marginally surged by 0.04 percent or 0.79 points to close 1,980.90 points and the SEM10 rose by 0.05 percent or 0.18 points to end at 378.45 points. The market capitalization was recorded at MUR 220.231 billion, by adding MUR 87 million (as against MUR 220.144 recorded at yesterday’s trading session) and overall total volume trade…

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Tanzania Equity Watch | 30 June 2015: Tanzania equity market drops TSZ 641 billion and indices fall

Tanzania Equity Watch | 30 June 2015: Tanzania equity market drops TSZ 641 billion and indices fall

Dar es Salaam, Tanzania (Capital Markets in Africa):- Tanzanian stock markets continued on bearish path. The market capitalization further lost TZS 641 billion to end at TZS 23,865 billion relative to TZS 24,506 recorded at yesterday’s trading session. The Dar es Salaam Stock Exchange (DSEI) fell by 2.60 points or 72.82 percent to close at 2,726.77 points. Also, the domestic Share Index plunged by 12.54 points or 0.27 percent to close at 4,684.09 points. Likewise,…

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Cote d’Ivoire Equity Watch | 29 June 2015: BRVM Equity markets higher today, market cap XOF 69 billion up

Cote d’Ivoire Equity Watch | 29 June 2015: BRVM Equity markets higher today, market cap XOF 69 billion up

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Monday, higher than the previous day. BRVM 10 index rose from 273.72 to 277.26 points, a gain of 1.29%. BRVM Composite index gained 1.02% to 277.32 against 274.53 points previously. Likewise, the equity market capitalization gained XOF 68.87 billion to close at XOF 6,842.93 billion compared with previous trading sessions’ market capitalization of XOF 6,774.06…

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