Mauritius Equity Watch | 6 July 2015: Mauritius equity market opens in mixed feelings, adds MUR 26 million, SEMDEX 0.01% up, SEM10 3bps down

Mauritius Equity Watch | 6 July 2015: Mauritius equity market opens in mixed feelings, adds MUR 26 million, SEMDEX 0.01% up, SEM10 3bps down

 Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity markets opened the week on mixed feelings. The Mauritius All Share Index (SEMDEX index) slightly rose by 0.01 percent or 0.23 points to close 1,964.65 points and the SEM10 index narrowly fell 0.03 percent or 0.12 points to end at 373.72 points. The market capitalization added MUR 26 million to settle at MUR 218.425 billion (as against MUR 218.399   billion recorded at yesterday’s trading session). The overall total…

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South Africa Market Watch | 3 July 2015: South African JSE falls 0.48%, losses led by resources but gold index adds 2.15%

South Africa Market Watch | 3 July 2015: South African JSE falls 0.48%, losses led by resources but gold index adds 2.15%

Johannesburg, South Africa (Capital Markets in Africa) —South African equity markets returned to negative at end of today’s trading session. The Johannesburg Stock Exchange (JSE) All Share finished 0.48 percent or 248.39 points lower to close at 51,967.08 points. The JSE Top 40 index also declined by  0.58 percent or 272.17 points to end at 46,355.60 points and JSE Financial sector index lost 0.97 points at 43,855.98 points. Both Industrial sector index and industrial 25 index…

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Mauritius Equity Watch | 3 July 2015: Mauritius equity market down by MUR 1.75 billion in the week

Mauritius Equity Watch | 3 July 2015: Mauritius equity market down by MUR 1.75 billion in the week

 Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity markets ended the week in red. The Mauritius All Share Index (SEMDEX index) slightly slid by 0.09 percent or 1.75 points to close 1,964.42 points and the SEM10 index narrowly fell 0.01 percent or 0.02 points to end at 373.84 points. The market capitalization fell by MUR 197 million to settle at MUR 218.399 billion (as against MUR 218.596  billion recorded at yesterday’s trading session). The overall total…

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South Africa Market Watch | 2 July 2015: South African equity sustains uptrend, All share index gains 0.63%

South Africa Market Watch | 2 July 2015: South African equity sustains uptrend, All share index gains 0.63%

Johannesburg, South Africa (Capital Markets in Africa) — South African equity markets maintained the bullish momentum. The Johannesburg Stock Exchange (JSE) All Share finished 0.63 percent or 327.43 points higher to close at 52,215.47 points. The JSE Top 40 index surged by  0.68 percent or 314.41 points to end at 46,627.77 points and JSE Financial sector index gained 0.49 percent at 43,856.95 points. Both Industrial sector index and industrial 25 index grew by 0.58 percent (to…

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Mozambique on strong growth performance and low inflation say IMF

Maputo, Mozambique (Capital Markets in Africa) – Following the Executive Board’s discussion, Mr. Min Zhu, Deputy Managing Director and Acting Chair, issued the following statement: “Mozambique’s continued strong growth performance and low inflation are commendable. Investments in large coal and natural gas projects underpin a positive medium-term outlook, but low commodity prices have increased near-term risks. “Recent program performance under the Fund’s Policy Support Instrument has been mixed. While structural reforms have been proceeding, there were macroeconomic policy…

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Rwanda targets $1.2 bln foreign investment in 2015

Rwanda targets $1.2 bln foreign investment in 2015

Kigali, Rwanda (Capital Markets in Africa) – Rwanda aims to increase foreign direct investment in 2015 to $1.2 billion, a fourfold jump from two years ago, helped by a new investment code that offers tax breaks and other incentives, a senior official said on Thursday. World Bank rankings show Rwanda is one of the easiest places to do business in Africa, after Mauritius and South Africa, but the country has struggled to meet past investment…

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Mauritius Equity Watch | 2 July 2015: Mauritius equity market stays in red territory, MUR 758 million down

Mauritius Equity Watch | 2 July 2015: Mauritius equity market stays in red territory, MUR 758 million down

 Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity markets kept yesterday bearish mood at the end of today’s trading session. The Mauritius All Share Index (SEMDEX index) plunged by 0.35 percent or 6.82 points to close 1,966.19 points and the SEM10 index tumbled by 0.32 percent or 1.20 points to end at 373.86 points. The market capitalization further lost MUR 758 million to close at MUR 218.596 billion (as against MUR 219.354 billion recorded at yesterday’s…

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