South Africa Equity Markets | 22 Sep 2015 : Bear sentiment persists, All Share index 1.74% lower …

South Africa Equity Markets | 22 Sep 2015 : Bear sentiment persists, All Share index 1.74% lower …

JOHANNESBURG, South Africa, Capital Markets in Africa —The South Africa equity markets continued to stay in the red district at the end of today’s trading session. Johannesburg Stock Exchange (JSE) All Share index ended 1.74 percent or 884.05 points lower to close at 49,853.09 points. The JSE Top 40 index also fell by 856.20 points or 1.89 percent to end at 44,523.72 points. The JSE Financial sector index sagged by 0.86 percent or 371.92 points to end…

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Ghana Equity Markets | 22 Sep 2015: Ghana Equity Markets Open lower, Benchmark Index 0.49% lower ..

Ghana Equity Markets | 22 Sep 2015: Ghana Equity Markets Open lower, Benchmark Index 0.49% lower ..

Accra, Ghana Capital Markets in Africa —  On Tuesday, the first trading day of the at the Ghana Stock Exchange ended in negative zone compared to last Friday trading session. The equities market capitalization lost GHS 54 million (about US$14 million) to close at GHS 62,340.15 million relative to market capitalization of GHS 62,394.15 recorded at previous trading session. The benchmark composite index down by 0.49 percent or 9.81 points to close the day at 2,039.23 points, representing a…

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Tanzania Equity Markets | 22 Sep 2015 : Bearish mood stays on DSE, Market Capitalization gains US$57Mill…

Tanzania Equity Markets | 22 Sep 2015 : Bearish mood stays on DSE, Market Capitalization gains US$57Mill…

DAR ES SALAAM Tanzania, Capital Markets in Africa — The Dar es Salaam Stock Exchange equity market continued to stay in the red zone, after equity market capitalization and All Share index lower. The equity market capitalization lost TZS 122 billion (about US$56.6 million) to end at TZS 22,152 billion relative to market capitalization of TZS 22,274 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) plunged by 14.91 points…

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Nigerian Equity Markets | 22 Sep 2015: NSE-ASI Rises 0.5% as MPC Slashes CRR to 25.0%

Nigerian Equity Markets | 22 Sep 2015: NSE-ASI Rises 0.5% as MPC Slashes CRR to 25.0%

Lagos, Nigeria, Capital Markets in Africa —  Investors’ sentiment in equities strengthened today in contrast to what was witnessed in the last two sessions as the All Share index closed 53bps higher to settle at 30,426.0pts. This brought YTD loss to -12.2%. Uptrend was predominantly boosted by gains in DANGOTE CEMENT (+1.2%), SEPLAT (+4.9%), UBN (+3.4%) and FORTE OIL (+1.0%). In like manner, market capitalization expanded to N10.4tn as investors’ value rose by N51.6bn at…

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Cote D’Ivoire Stock Markets | 22 Sep 2015: BRVM Equity indices end higher, Distribution sector index lower …

Cote D’Ivoire Stock Markets | 22 Sep 2015: BRVM Equity indices end higher, Distribution sector index lower …

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday, higher than the previous day. BRVM 10 index rose from 291.46 to 293.07 points, a gain of 0.55 percent. BRVM Composite index gained 0.30 percent to 293.45 against 292.58 points previously. The equity market capitalization sagged by XOF 21 billion (about US$35.6 million) to close at XOF 7,241 billion relative to previous trading sessions’…

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Emerging Capital Partners exits Continental Reinsurance Plc

Emerging Capital Partners exits Continental Reinsurance Plc

Lagos, Nigeria, Capital Markets in Africa — Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, along with its investment partners, announces the sale of C-Re Holding Limited (“C-Re Holding”) to Saham Finances S.A (“Saham”), the insurance arm of Saham Group. C-Re Holding holds a 53.6% stake in Continental Reinsurance Plc (“Continental Re”), a private reinsurance company in Africa, excluding South Africa. Under ECP’s ownership, Continental Re has…

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Kenya Equity Markets | 22 Sep 2015: Kenya Stock Markets gains KES 200 Million, All Share index marginally higher ..

Kenya Equity Markets | 22 Sep 2015: Kenya Stock Markets gains KES 200 Million, All Share index marginally higher ..

Nairobi, Kenya Capital Markets in Africa — The equity market capitalization ended at KES 2,065.7 billion after gaining KES 200 million (c.US$1.90 million) or 0.01 percent from the market capitalization of KES 2,065.5 billion recorded at previous trading session. The Nairobi All Share Index marginally advanced by 0.01 percent or 0.02 points to end at 147.29 points but the Nairobi Securities Exchange (NSE20) index sagged by 30.15 points or 0.71 percent to close at 4,212.11 points. The FTSE…

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