Kenya Equity Markets | 02 Nov 2015: Nairobi Equity trading opens in red, investors lose US$47 million …

Kenya Equity Markets | 02 Nov 2015: Nairobi Equity trading opens in red, investors lose US$47 million …

Nairobi, Kenya Capital Markets in Africa — The Nairobi Securities Exchange began the week and November on a negative and bearish sentiment. The equity market capitalization closed at KES 1,926 billion by dropping KES 4.83 billion (c.US$47 million) or 0.25 percent from the market capitalization of KES 1,932 billion recorded at the previous trading session. The Nairobi All Share Index fell by 0.25 percent or 0.35 points to end at 136.93 points and the Nairobi Securities Exchange (NSE20)…

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Cote D’Ivoire Stock Markets | 02 Nov 2015: BRVM Bourse opens Nov in green mood, market cap US$45 million higher and indices up …

Cote D’Ivoire Stock Markets | 02 Nov 2015: BRVM Bourse opens Nov in green mood, market cap US$45 million higher and indices up …

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 301.47 to 302.36 points, a gain of 0.30 percent. BRVM Composite index gained 0.35 percent at 304.37 points against 303.31 points previously. The equity market capitalization added XOF 26 billion (about US$45 million) to close at XOF 7,511 billion relative to the previous trading…

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Morocco Equity Markets | 02 Nov 2015: Casablanca equity trading marginally ends in green, shareholder value US$1 Mill up …

Morocco Equity Markets | 02 Nov 2015: Casablanca equity trading marginally ends in green, shareholder value US$1 Mill up …

Casablanca, Morocco, Capital Markets in Africa —The Casablanca Stock Exchange started the week and November on a bullish sentiment. The Moroccan benchmark stock index (measured as MASI Index) advanced by 0.03 percent to end at 9,084.32 points (with a year-to-date performance to -5.57 percent) with total market capitalization at MAD 457.647 billion (a decrease of MAD 1 million or US$103,413 relatively to the previous market capitalization of MAD 457.646 billion). The market activity measured as total…

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African Stock Market October 2015 Performance: South African equity best performer for local and foreign investors in October, BRVM YTD leader …

African Stock Market October 2015 Performance: South African equity best performer for local and foreign investors in October, BRVM YTD leader …

Lagos, Nigeria Capital Markets in Africa — African stock market performance measured by country equity benchmark index returns ended in negative for the month of October, with six gainers and twelve losers on the local currency basis. Still on local basis return, the October’s average return of -0.9 percent was recorded across eighteen African stock indices and October monthly returns range from  -6.6 percent recorded by the Kenyan equity markets (measured by NSE All Share Index) to +7.4 percent registered by the South African…

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African Development Bank issues 0.75% US$1 billion 2-year global benchmark due 3 November 2017

African Development Bank issues  0.75% US$1 billion 2-year global benchmark due 3 November 2017

On Tuesday, October 27, 2015, the African Development Bank (AfDB) successfully launched and priced a new 1 billion 2-year US dollar global benchmark due November 3, 2017. This is the AfDB’s second US dollar global benchmark of the year following a successful 5-year benchmark transaction executed in February, and its first 2-year global benchmark since 2009. The 2-year benchmark transaction was announced on Monday, October 26th at 1:30 p.m. London time with initial pricing thoughts in…

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Ease of Doing Business: Mauritius is the African champ, Eritrea worst globally …

Ease of Doing Business: Mauritius is the African champ, Eritrea worst globally …

Lagos, Nigeria, Capital Markets in Africa — The Doing Business 2016: Measuring Regulatory Quality and Efficiency, a World Bank Group flagship publication, was released on 27th October 2016. Singapore remained the world’s easiest place to do business for the ninth year in a row the World Bank said in its report that ranks 189 countries based on 10 criteria tied to the business climate, such as ease of opening a business, paying taxes or getting…

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Nigerian Equity Markets | 30 Oct 2015: Nigerian Equities end the week negative … NSE ASI 90bps lower

Nigerian Equity Markets | 30 Oct 2015: Nigerian Equities end the week negative … NSE ASI 90bps lower

Lagos, Nigeria, Capital Markets in Africa — The Nigerian Equities market ended the week negative, closing the last trading session for the week 0.9% lower as the All share Index settled at 29,190.54pts, sustaining a week-long of bearish sentiment. Market capitalisation equally shed N87.4bn to berth at N9.9tn for the week. Today’s decline remained on account of sell pressure on OANDO. We observed that the Oil and Gas Stock has plunged 40.0% since the submission of…

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