Morocco Market Watch | May 18th 2015: Moroccan equity indices went up..

Morocco Market Watch | May 18th 2015: Moroccan equity indices went up..

Casablanca, Morocco (Capital Markets in Africa):- Morocco’s benchmark stock index (MASI Index) rose by 0.27 percent to close at 9,878.59 points (2.69 percent year-to-date performance) with total market capitalization at MAD 499.229 billion (against 498.269 billion in previous trading sessions) and market activities measured as total traded value was closed at MAD 87.498 million. Likewise, Moroccan most active share index (MADEX) closed at 8,083.47pts (advanced by 0.29 percent compared to previous trading day). In addition, FTSE…

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Nigeria Market Watch | May 18th 2015:Nigerian Equities Market opens High

Nigeria Market Watch | May 18th 2015:Nigerian Equities Market opens High

Lagos, Nigeria (Capital Markets in Africa):- The Nigerian Bourse opened the week on a positive note, extending the uptrend observed in recent sessions to the fourth consecutive day. The Nigerian All Share Index added 99bps to berth at 34,781.5 points. The positive close was broadly driven by gains recorded in FORTE OIL (+9.1%), ZENITH (+2.7%) and GTBANK (+1.7%). Market Capitalization followed suit, improving by N120.2bn to close at N11.8tn.  Market activity also strengthened as volume and…

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Kenya Market Watch | May 18th 2015: Kenyan equities start on negative mood..

Kenya Market Watch | May 18th 2015: Kenyan equities start on negative mood..

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE20) index went down by 48.39 points to close at 4,932.32 and Nairobi All Share Index fell by 0.25 points to close at 167.48. Likewise, the market capitalization fell by 0.25 percent to close at KES 2,342.1 billion. The market breadth ended positive, with 14 gainers and 27 losers. On the one hand, the highest market gainer was Eveready surged 8.33 percent to close at KES 4.55…

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Botswana Market Watch | May 18th 2015: Botswana stocks kicked off on a slower pace

Botswana Market Watch | May 18th 2015: Botswana stocks kicked off  on a slower pace

Gaborone, Botswana (Capital Markets in Africa):- Botswana stock exchange kicked off the week on a slower pace as reflected by the relatively thin trades (volume of 63,472 and total turnover of BWP 130,467) and market capitalization recorded at BWP 381.192 billion. Only 11 counters exchanged hands with only 2 movers. The domestic composite index took a deep breath from its bull run as it shed 1.52 points to close at 10,392.98 points while the foreign composite…

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Cote d’Ivoire Market Watch | May 18th 2015: BRVM closed today higher by XOF 25bn

Cote d’Ivoire Market Watch | May 18th 2015: BRVM closed today higher by XOF 25bn

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 272.57 to 273.19 points, a gain of 0.23%. BRVM Composite index gained 0.38% to 263.58 against 262.57 points previously. The equity market capitalization was recorded at XOF 6,503.90 billion, an increase of XOF 25 billion compared to previous trading session. From market activity perspectives, the…

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Mauritius Market Watch | May 18th 2015: Mauritius equity closed in negative

Mauritius Market Watch | May 18th 2015: Mauritius equity closed in negative

Port Louis, Mauritius (Capital Markets in Africa):-Stock Exchange of Mauritius indices closed in negative territory with the Semdex and SEM-10 losing 0.03 percent and 0.10 percent to reach 1,975.46 points and 375.47 points respectively. The market capitalization was recorded at MUR 219.714 billion. Looking at the market activity, overall market turnover amounted to MUR 90.0 million, geared towards CIEL Limited, Mauritius Commercial Bank (MCB) Group, Mauritius Development Trust Co, Limited (MDIT) and Lux Island Resorts Limited which…

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Private Equity activity expected to increase by 83% over the next 12 months – Deloitte

Private Equity activity expected to increase by 83% over the next 12 months – Deloitte

Johannesburg, South Africa (Capital Markets in Africa) :- The African continent is becoming an increasingly attractive investment destination for private equity players looking to access its high-growth economies and rapidly emerging consumer class. A survey by Deloitte, partnered by The Southern African Venture Capital and Private Equity Association, SAVCA, showed that the interest has been buoyed by oil and gas discoveries and a growing consumer class. The expectation that emerging markets will generate growth has seen a…

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