Nigerian Equity Markets | 19 Oct 2015: Late DANGCEM Rally uplifts Nigerian Equity Market…NSE ASI up 1.3%

Nigerian Equity Markets | 19 Oct 2015: Late DANGCEM Rally uplifts Nigerian Equity Market…NSE ASI up 1.3%

Lagos, Nigeria, Capital Markets in Africa — The Nigerian bourse opened the week positive as the Benchmark Index — All Share Index — was up 129bps to close at 30, 219.01 points. The Market was heading for a marginal gain up until a massive rally in DANGCEM (+4.9%) few minutes to the close of trade uplifted the bourse. Some other counters that drove the positive performance were GUARANTY (+0.2%) and ZENITH (+0.1%). Similarly, a total of…

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Kenya Equity Markets | 19 Oct 2015: Nairobi Securities Exchange All Share index 0.78% up, Market capitalization US$148 million higher …

Kenya Equity Markets | 19 Oct 2015: Nairobi Securities Exchange All Share index 0.78% up, Market capitalization US$148 million higher …

Nairobi, Kenya Capital Markets in Africa — Nairobi Securities Exchange stock markets began the week on a bullish mood, as a result the equity market capitalization ended at KES 1,941 billion after gaining KES 15.2 billion (c.US$148 million) or 0.79 percent from the market capitalization of KES 1,926 billion recorded at previous trading session. The Nairobi All Share Index went up by 0.78 percent or 1.07 points to end at 138.01 points and the Nairobi Securities Exchange (NSE20)…

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Cote D’Ivoire Stock Markets | 19 Oct 2015: BRVM Composite index 0.09% higher, BRVM 10 index 0.01 lower …

Cote D’Ivoire Stock Markets | 19 Oct 2015: BRVM Composite index 0.09% higher, BRVM 10 index 0.01 lower …

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) main indices closed the trading session this Monday, lower than the previous day for BRVM 10, and higher for BRVM Composite. BRVM 10 index decreased from 303.65 to 303.63 points, a marginal drop of 0.01 percent. BRVM Composite index gained 0.09 percent at 303.73 points against 303.47 points previously The equity market capitalization gained XOF 6.3 billion (about US$10.8 million)…

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Morocco Equity Markets | 19 Oct 2015: Casablanca Stock Exchange equity market opens in green, MADEX 0.28% higher …

Morocco Equity Markets | 19 Oct 2015: Casablanca Stock Exchange equity market opens in green, MADEX 0.28% higher …

Casablanca, Morocco, Capital Markets in Africa —On Monday, the equity trading witnessed a positive sentiment. The Moroccan benchmark stock index (measured as MASI Index) surged by 0.26 percent to close at 9,030.81 points (with a year-to-date performance to -6.13 percent) with total market capitalization at MAD 454.890 billion (a gain of MAD 1.5 billion or US$152 million relative to previous market capitalization of MAD 453.427). The market activity measured as total traded value was recorded at…

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Mauritius Equity Markets | 19 Oct 2015 : Mauritius stocks open in positive, Investors reward with US$18 Million …

Mauritius Equity Markets | 19 Oct 2015 : Mauritius stocks open in positive, Investors reward with US$18 Million …

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchanges of Mauritius opened the week on a bullish sentiments after in the red for ten consecutive trading days. The equity market capitalization ended at MUR 207.704 billion after gaining MUR 627 million (about US$17.8 million) compared to previous market capitalization of MUR 207.077 billion. The Mauritius All Share Index (SEMDEX index) added 0.30 percent or 5.64 points to close at 1,865.14 and SEM10 index advanced by…

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Chart of the Week: Top Worst African Currency in 2015 ….

Chart of the Week: Top Worst African Currency in 2015 ….

Lagos, Nigeria, Capital Markets in Africa  — Most African currencies had depreciated against the US dollar this year, with the exception of Gambian Dalasi, CFA Fran and Botswana Pula appreciated by about 0.07 percent each. The top five most worst currencies in 2015 as at 16th of October 2015 were Zambian Kwacha, Ugandan Shilling, Angola Kwanza, Mozambican Metical and Tanzania Shillings. 

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TANESCO’s Managing Director to address Tanzania’s leading investors at forum for power sector development this December

TANESCO’s Managing Director to address Tanzania’s leading investors at forum for power sector development this December

As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long-term goal of becoming a regional hub. The Powering Africa: Tanzania investment briefing will take place from 3-4 December at the Hyatt Regency Dar es Salaam hotel. The meeting is designed for professionals…

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