Cote d’Ivoire Market Watch | June 17th 2015: Equity market cap rises by XOF 62 billion

Cote d’Ivoire Market Watch | June 17th 2015: Equity market cap rises by XOF 62 billion

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Wednesday, higher than the previous day. BRVM 10 index rose from 271.02 to 274.41 points, a gain of 1.25%. BRVM Composite index gained 0.92% to 275.29 against 272.77 points previously.  Equally, the equity market capitalization gained by XOF 62.20 billion to close at XOF 6,792.94 billion compared with previous trading sessions’ market capitalization of XOF…

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Nigeria Market Watch | June 17th 2015: Biding Time to Make Quick wins …NSE ASI sheds 37bps

Nigeria Market Watch | June 17th 2015: Biding Time to Make Quick wins …NSE ASI sheds 37bps

Lagos, Nigeria (Capital Markets in Africa) —The Nigerian Bourse slipped further at the close of market today as the NSE All Share Index (ASI) shed 0.4% to close at 33,478.42 points. The decline in the benchmark index today was on the back of price depreciation in bellwethers such as DANGOTECEMENT (-1.1%) and ZENITHBANK (-2.0%). Today’s market activity was marked by 13.0% decline in volume traded to 194.0m units and 13.0% increase in value traded to…

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Ghana Market Watch | June 17th 2015: Ghana equity markets indices and market capitalization bounce to green today, GHS 117 million up

Ghana Market Watch | June 17th 2015: Ghana equity markets indices and market capitalization bounce to green today, GHS 117 million up

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization climbed at the end of today’s trading session, amid of increased investor appetite. The benchmark composite index surged 21.14 points or about 0.77 percent to end the day at 2,382.07, bringing the year- to- date return to 5.35 percent. Equally, the financial Index climbed by 32.1 points or 1.11 percent to 2,446.19 with a year-to-date return of 9.03 percent. Likewise, the market capitalization gained nearly GHS 116.7 million (rose…

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Tanzania Market Watch | June 17th 2015: Tanzania equity market adds TSZ 50 billion and index up by 0.17%

Tanzania Market Watch | June 17th 2015: Tanzania equity market adds TSZ 50 billion and index up by 0.17%

Dar es Salaam, Tanzania (Capital Markets in Africa):- The Dar es Salaam Stock Exchange (DSEI) rose by 4.86 points or 0.17 percent to close at 2,833.80 points and market capitalization recorded at TZS 24,803.07 billion (an increase of about TSZ 49.60 billion against previous trade session market cap of TSZ 24,852.67). However, the domestic Share Index declined by 0.70 points or 0.01 percent to close at 4,769.94 points. From the market activity angle, a total…

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Kenya Market Watch | June 17th 2015: Kenya equity market continued on the positive region, market cap adds KES 2.0 billion

Kenya Market Watch | June 17th 2015: Kenya equity market continued on the positive region, market cap adds KES 2.0 billion

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity market continued on the positive region at the end of today’s trading session. The Nairobi Securities Exchange (NSE20) index surged by 17.20 points to close at 4,790.42 points and Nairobi All Share Index slide by 0.14 points to settle at 163.02. However, the FTSE NSE 25 and FTSE NSE 15 indices remained flat to close at 217.67 and 217.31 points respectively. The market capitalization added KES 2.01 billion…

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Egypt bourse to show strong performance, says Merrill Lynch

Egypt bourse to show strong performance, says Merrill Lynch

Cairo, Egypt (Capital Markets in Africa) — Egypt’s stock market is likely to show strong improvement in the near term, said BofA Merrill Lynch in its emerging markets report. The Egyptian Exchange has suffered steep declines in recent months, but the bullish performance in May partially pared such losses, especially after concerns about the local currency abated and the capital gains tax was delayed for two years, according to the report. Merrill Lynch also said…

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Mauritius Market Watch | June 16th 2015: Mauritius equity market adds MUR 61 million and indices marginally up

Mauritius Market Watch | June 16th 2015: Mauritius equity market adds MUR 61 million and indices marginally up

Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity market retracted today to end in positive region, the SEMDEX index climbed by 0.03 percent or 0.58 points to close 1,973.34 points and the Sem-10 advanced by 0.08 percent or 0.31 points to 375.93 points. The market capitalization was recorded at MUR 219.391 billion, by adding MUR 61 million (against MUR 219.326 billion recorded at previous trading day) and overall total volume trade recorded at 1.339 million and…

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