Nigerian Equity Markets | 02 Oct 2015: Nigerian Equities Market Records 2.0% Decline Post-Independence Day Celebration

Nigerian Equity Markets | 02 Oct 2015: Nigerian Equities Market Records 2.0% Decline Post-Independence Day Celebration

Lagos, Nigeria, Capital Markets in Africa — The All Share Index (ASI) dipped 2.0% on the first trading day of the month to 30,588.41pts as a result of drags from bellwether stocks  – DANGOTE CEMENT (-5.0%), NIGERIAN BREWERIES (-4.8%), NESTLE (-4.6%) and ZENITH (-2.1%). Thus YTD and W-o-W returns were brought to -11.7% and +0.1% in that order. Market capitalization sank to N10.5tn from N10.7tn the previous day. Similarly market activity decreased as volume and value…

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Tanzania Equity Markets | 02 Oct 2015: Down Trends Persist on Tanzania Equity Markets, Investors Lose US$102 Million …

Tanzania Equity Markets | 02 Oct 2015: Down Trends Persist on Tanzania Equity Markets, Investors Lose US$102 Million …

DAR ES SALAAM Tanzania, Capital Markets in Africa — Tanzania Dar es Salaam Stock Exchange equity market bearish sentiment persisted at the end of Friday trading session. The equity market capitalization sagged by TZS 220 billion (about US$102 million) to end at TZS 21,788 billion relative to market capitalization of TZS 22,008 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) sagged by 25.30 points or 1.01 percent to end…

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Cote D’Ivoire Equity Markets | 02 Oct 2015: BRVM Equity Markets End the Week in the Green, BRVM Composite index 0.83% up…

Cote D’Ivoire Equity Markets | 02 Oct 2015: BRVM Equity Markets End the Week in the Green, BRVM Composite index 0.83% up…

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Friday higher than the previous day. BRVM 10 index rose from 300.26 to 303.62 points, a gain of 1.12 percent. BRVM Composite index gained 0.83 percent at 301.70 points against 299.21 points previously. The equity market capitalization added XOF 61 billion (about US$105 million) to close at XOF 7,445 billion relative to previous trading sessions’…

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Kenya Equity Markets | 02 Oct 2015: Kenya Equity Trading Continues in the Red, US$307 Million Lower …

Kenya Equity Markets | 02 Oct 2015: Kenya Equity Trading Continues in the Red, US$307 Million Lower …

Nairobi, Kenya Capital Markets in Africa — At Friday trading session, the Nairobi Securities Exchange continued in the negative moods after the equity markets capitalization closed  at KES 2,014 billion after losing KES 32.03 billion (c.US$307 million) or 1.57 percent from the market capitalization of KES 2,046 billion recorded at previous trading session. The Nairobi All Share Index fell by 1.71 percent or 2.49 points to end at 143.16 points and the Nairobi Securities Exchange (NSE20) index declined…

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African Development Bank speeds US$16 million relief for water and sanitation in Zimbabwe

African Development Bank speeds US$16 million relief for water and sanitation in Zimbabwe

Harare, Zimbabwe, Capital Markets in Africa — The African Development Bank Group (AfDB) fast-tracked a grant of US $16-million on Wednesday, September 30, to help clean up the poorest suburbs of the Zimbabwean capital. The first stage of the project will concentrate on removing the raw sewage currently spilled into residential areas and securing the water supply for the most vulnerable areas of Greater Harare, home to 2 million people. Decades of neglect have paid…

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Morocco Equity Markets | 02 Oct 2015: Equity Traders Smile Home with US$161 Million …

Morocco Equity Markets | 02 Oct 2015: Equity Traders Smile Home with US$161 Million …

Casablanca, Morocco, Capital Markets in Africa —On Friday, the equity trading witnessed a relief by ending in positive mood. The Moroccan benchmark stock index (measured as MASI Index) surged by 0.23 percent to close at 9,117.50 points (with a year-to-date performance to -5.22 percent) with total market capitalization at MAD 458.968 billion (an increase of MAD 1.7 billion or US$161 million relative to previous market capitalization of MAD 457.400). The market activity measured as total traded…

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Mauritius Equity Markets | 02 Oct 2015 : Equity Trading Ends in Mixed Sentiment, Indices Higher, Market Cap Higher

Mauritius Equity Markets | 02 Oct 2015 : Equity Trading Ends in Mixed Sentiment, Indices Higher, Market Cap Higher

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets trading closed the week in the mixed sentiment. The equity market capitalization ended at MUR 213.290 billion by going down MUR 51 million (about US$1.5 million) compared to previous market capitalization of MUR 213.239 billion. The Mauritius All Share Index (SEMDEX index) moved up by 0.02 percent or 0.46 points to close at 1,915.20 and SEM10 index added 0.08 percent or…

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