Nigeria Market Watch | June 23rd 2015: Activity Level Softens on Nigerian bourse… NSE ASI closes flat

Nigeria Market Watch | June 23rd 2015: Activity Level Softens on Nigerian bourse… NSE ASI closes flat

Lagos, Nigeria (Capital Markets in Africa) — Nigerian Equities Market closed flat today as the benchmark index -All Share Index (ASI) held steady at 33,381.45 pts after easing 1bps. Similarly, market capitalization shed N1.1bn firming at N11.4tn. Price appreciation in Banking and Oil and Gas heavy weights such as ZENITH (+2.1%) ETI (+2.0%), FORTE OIL (+5.0%) and SEPLAT (+5.0%) were countered by losses in Industrial and Consumer Goods majors such as DANGOTE CEMENT (-0.8%) and…

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South Africa Market Watch | June 23rd 2015: South African equities up as Greece hopes improve sentiment

South Africa Market Watch | June 23rd 2015: South African equities up as Greece hopes improve sentiment

Johannesburg, South Africa (Capital Markets in Africa) — The South African equities rally maintained on Tuesday, amid of investor hopes on Greek debt crisis. With resource shares leading the Johannesburg Stock Exchange (JSE) upwards, the All Share index ended 0.77% higher on Tuesday with gains across the board. Equally, the Top 40 index which was 0.91% stronger on Monday added another 0.74% on Tuesday to trade at 46 934 points. The financial sector, which gained about 2% on Monday,…

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Kenya Market Watch | June 23rd 2015: Kenya equity market ends in red, market cap KES 15 billion falls

Kenya Market Watch | June 23rd 2015: Kenya equity market ends in red, market cap KES 15 billion falls

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity markets reverted yesterday gains. The Nairobi Securities Exchange (NSE20) index somersaulted by 4.13 points or 0.09 percent to close at 4,776.35 points and Nairobi All Share Index fell by 1.07 points or 0.66 percent to settle at 162.27. However, the FTSE NSE 25 and FTSE NSE 15 indices rose by 0.22 points or 0.10 percent to close at 216.59 and 0.02 points to close at 215.80 points respectively….

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Tanzania Market Watch | June 23rd 2015: Tanzania equity market falls TSZ 435 billion and indices down

Tanzania Market Watch | June 23rd 2015: Tanzania equity market falls TSZ 435 billion and indices down

Dar es Salaam, Tanzania (Capital Markets in Africa):- The Dar es Salaam Stock Exchange (DSEI) fell by 50.43 points or 1.77 percent to close at 2,796.65 points and market capitalization recorded at TZS 24,477 billion (a decrease of about TSZ 435 billion against previous trade session market cap of TSZ 24,911 billion). Also, the domestic Share Index plunged by 80.53 points or 1.68 percent to close at 4,712.88 points. From the market activity angle, a…

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Cote d’Ivoire Market Watch | June 23rd 2015: BRVM Equity markets lower today, market cap XOF 14 billion down

Cote d’Ivoire Market Watch | June 23rd 2015: BRVM Equity markets lower today, market cap XOF 14 billion down

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- 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 272.20 to 270.83 points, a drop of 0.50%. BRVM Composite index lost 0.21% to 273.55 against 274.12 points previously. In the same way, the equity market capitalization lost XOF 14.20 billion to close at XOF 6,749.89 billion compared with previous trading sessions’ market capitalization…

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Botswana Market Watch | June 23rd 2015: Botswana equity market cap marginally adds BWP 5million

Botswana Market Watch | June 23rd 2015: Botswana equity market cap marginally adds BWP 5million

Gaborone, Botswana (Capital Markets in Africa):- The Botswana domestic composite index gained 0.01 percent or 1.00 point to close at BWP 10,603.57. However, the foreign composite index remained unchanged to close at 1,570.91 points. Likewise, the equity market capitalization settled at BWP 420,431 billion, by adding BWP 5 million relative to yesterday market cap of BWP 420.428 billion. From the market activity viewpoint, the daily volume and turnover settle at 120,587 and BWP 430,199. CHOPPIES 36,611 traded shares at BWP 164,020 turnover, LETSHEGO…

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South Africa’s rand weakens as rally for riskier assets pauses

South Africa’s rand weakens as rally for riskier assets pauses

Johannesburg, South Africa (Capital Markets in Africa) – South Africa’s rand weakened more than one percent to the dollar on Tuesday, softening to a one week low of 12.2300 per greenback as a recent rally for riskier assets petered out. According to one trader, technical factors were also beginning to filter through with the 12.30 support level in sight, putting some strain on the dollar rand cross.    

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