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OANDO PLC announces FYE 2014 results, posts NGN 425.7 billion top line revenue

Lagos, Nigeria, Capital Markets in African — Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for the twelve months period ended 31 December, 2014, with the following highlights: Financial Highlights: – Turnover decreased by 7%, N425.7billion compared to N457 billion (2013) – Gross Profit increased by 17%, N69.8billion compared to N59.4 billion (2013) …

Ghana Equity Markets | 26 Oct 2015: Ghana equity starts in red, GSE All Share index marginally down, market cap drops US$2 Mill …

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Accra, Ghana, Capital Markets in Africa — The Ghana Stock Exchange equity trading opened the week in negative territory as indices and market capitalization down. The market capitalization declined by GHS 5.8 million (about US$1.5 million) to close at GHS 62,057 million relatively to a market capitalization of GHS 62,063 recorded at the previous trading session. The benchmark composite index marginally lost 1.60 points or 0.05 percent to close the day at 1,986.31 points, representing a year-to-date performance 0f…

Tanzania Equity Markets | 26 Oct 2015 : After Election equity markets open with bullish mood, investors gain US$54 million …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — It is all greener at the Tanzania Dar Es Salaam Stock Exchange equity markets trading floor as all indices and market capitalization closed higher. The equity market capitalization gained TZS 115.1 billion (about US$53.5 million) to end at TZS 21,147 billion relative to a market capitalization of TZS 21,032 billion recorded at the previous trading session. The Dar Es Salaam Stock Exchange All Share index (DSEI)…

Kenya Equity Markets | 26 Oct 2015: Investors show cold shoulder, market capitalization US$174 million lower …

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Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange equity markets started the week in a negative sentiment. The equity market capitalization ended at KES 1,945 billion after down by KES 17.76 billion (c.US$174 million) or 0.90 percent from the market capitalization of KES 1,963 billion recorded at the previous trading session. The Nairobi All Share Index sagged by 0.90 percent or 1.26 points to end at 138.28 points and the Nairobi Securities Exchange (NSE20) index plunged…

Cote D’Ivoire Stock Markets | 26 Oct 2015: BRVM equity markets start the week in north, composite index 0.52% greater …

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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 Monday higher than the previous day. BRVM 10 index rose from 303.72 to 305.78 points, a gain of 0.68 percent. BRVM Composite index gained 0.52 percent at 305.82 points against 304.25 points previously. The equity market capitalization grew by XOF 38.8 billion (about US$671million) to close at XOF 7,546 billion relative to the previous trading…

Morocco Equity Markets | 26 Oct 2015: Morocco equity market opens in green, MADEX 0.14% higher …

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Casablanca, Morocco, Capital Markets in Africa —The bull opened the week, the Moroccan benchmark stock index (measured as MASI Index) soared by 0.14 percent to end at 9,018.66 points (with a year-to-date performance to -6.25 percent) with total market capitalization at MAD 454.897 billion (an increase of MAD 643 million or US$68 million relatively to the previous market capitalization of MAD 452.254 billion). The market activity measured as total traded value was recorded at MAD 30.192…

Mauritius Equity Markets | 26 Oct 2015: Positive momentum opens the equity market, investors gain US$23 million …

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PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity trading opened the week on a bullish momentum. The equity market capitalization closed at MUR 209.172 billion after adding MUR 798 million (about US$23 million) compared to previous market capitalization of MUR 208.374 billion. In the same bullish sentiment, the Mauritius All Share Index (SEMDEX index) grew by 0.38 percent or 7.17 points to close at 1,878.33 and SEM10 index soared by…

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