The Editorial Team |

South Africa Equity Markets |16 Sep 2015: Johannesburg Stock Exchange Trading floor is greener today …

Johannesburg, South Africa Capital Markets in Africa — On Wednesday, it all greener at the closed of equity trading session, with all key sector indices in the North Pole. Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) gathered 3.11 percent or 1,537.56 points to settle at 51,029.24 points and the benchmark JSE Top 40 index closed 1,602.64 points or 3.64 percent lower to end at 45,588.01 points. Looking at the…

Cote D’Ivoire Stock Markets | 16 Sep 2015: BRVM Composite index gains 0.29%, BRVM 10 index 0.42% higher …

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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 293.92 to 295.16 points, a gain of 0.42 percent. BRVM Composite index gained 0.29 percent to 296.07 against 295.21 points previously. The equity market capitalization lost XOF 21 billion (about US$36 million) to close at XOF 7,306 billion relative to previous trading sessions’ market…

Ghana Equity Markets | 16 Sep 2015: Ghana equities continue to bleed, indices lower, investors unhappy …

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Accra, Ghana Capital Markets in Africa — At the end of today’s equity trading session, the equities market capitalization lost GHS 16 million (about US$4.2 million) to close at GHS 62,510 million relative to market capitalization of GHS 62,526 recorded at previous trading session. The benchmark composite index sagged by 0.14 percent or 2.94 points to close the day at 2,070.49 points, representing a year-to-date performance 0f -8.43 percent. The financial Index slumped by 0.25 percent or 9.82 points to trade…

Nigerian Equity Markets | 16 Sep 2015: Nigerian Equity Market Rebounds at Close of Trading …NSE ASI up 16bps

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Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market rebounded from its previous negative close as the Benchmark index- All Share Index- reversed losses, gaining 0.2% to close for the day at 30, 359.47 points. Increased interest in UBN (+3.7%), ZENITH (+2.5%) and GUARANTY (+2.2%) lifted the market as investors gained a total of N16.4bn to bring market capitalization to N10.4tn. Market activity however weakened today as volume and value traded fell 59.0%…

Tanzania Equity Markets | 16 Sep 2015 : Negative run persists, market cap US$34 Mill down …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — The Bear continued on the Dar es Salaam Stock Exchange equity market on Wednesday and the equity market capitalization sagged by TZS 72.7 billion (about US$33.6 million) to end at TZS 22,248 billion relative to market capitalization of TZS 22,321.11 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) tumbled 9.86 points or 0.39 percent to end at 2,540.52 points. The…

Kenya Equity Markets | 16 Sep 2015: Kenya equity markets witness the bear, investors value US$62 down

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Nairobi, Kenya Capital Markets in Africa — The equity market capitalization closed at KES 2,088 billion by losing KES 6.5 billion (c.US$62 million) or 0.31 percent from the market capitalization of KES 2,095 billion recorded at previous trading session. The Nairobi All Share Index sagged by 0.31 percent or 0.46 points to end at 148.68 points but the Nairobi Securities Exchange (NSE20) index rose by 6.67 points or 0.16 percent to close at 4,257.27 points. The FTSE NSE…

Guinea plans to build a US$2 Billion Hydropower Dam

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Conakry, Guinea, Capital Market in Africa — Guinea is in talks with China International Water & Electric Corporation (CWE) to build a US$2 billion hydropower dam that would boost the West African country’s energy output, according to Ministry for Energy official, Lansana Fofana. Lansana Fofana, said the proposed dam would double the country’s energy output, providing new capacity for the expansion of bauxite processing. “The idea is to feed the mining industry,” Fofana, the head of…

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