Zimbabwe Market Watch | 1 July 2015: Zimbabwe equities extends its bleeding, market cap US$41 million falls and indices massively down.

Zimbabwe Market Watch | 1 July 2015: Zimbabwe equities extends its bleeding, market cap US$41 million falls and indices massively down.

Harare, Zimbabwe (Capital Markets in Africa):- The Zimbabwe Stock Exchange (ZSE) industrial index and market capitalization continued to walk in the red district at end of today’s session. The industrial index somersaulted  by 1.10 percent or 1.50 points to end at 146.90 points, resulting to -9.76 percent year-to-date and -21.25 on year-on-year basis. Also, the mining index tumbled by 4.42 percent or 1.95 percent to settle at 42.34 points (-40.95 percent and 30.95 percent year-to-date and…

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Tanzania Equity Watch | 1 July 2015: Tanzania equity market continues on the bearish mood, drops TSZ 517 billion

Tanzania Equity Watch | 1 July 2015: Tanzania equity market continues on the bearish mood, drops TSZ 517 billion

Dar es Salaam, Tanzania (Capital Markets in Africa):- Tanzanian stock markets continued on bearish path for third day. The market capitalization further lost TZS 516.6 billion to end at TZS 23,349 billion relative to TZS 23,865 recorded at yesterday’s trading session. The Dar es Salaam Stock Exchange (DSEI) fell by 59.88 points or 2.18 percent to close at 2,667.39 points. However, the Tanzanian domestic Share Index slightly rose by 5.54 points or 0.12 percent to…

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Kenya Equity Watch | 1 July 2015: Kenya equity market reverts to red, market cap KES 17 billion down

Kenya Equity Watch | 1 July 2015: Kenya equity market reverts to red, market cap KES 17 billion down

Nairobi, Kenya (Capital Markets in Africa):- Kenya equity markets reverted yesterday’s gains to begin July on a bearish note. The market capitalization closed at to close at KES 2,285.09 billion, by dropping KES 16.8 billion or 0.73 percent relative to market capitalization of KES 2,301.88 billion recorded at previous trading session. The Nairobi Securities Exchange (NSE20) index dropped by 47.65 points or 0.97 percent to close at 4,858.42 points and Nairobi All Share Index tumbled by…

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Mauritius Equity Watch | 1 July 2015: Mauritius equity market start July on bearish mood, down US$25 million

Mauritius Equity Watch | 1 July 2015: Mauritius equity market start July on bearish mood, down US$25 million

Port Louis, Mauritius (Capital Markets in Africa):- Mauritius equity markets started the month on bearish note, reversing yesterday gains. The Mauritius All Share Index (SEMDEX index) somersaulted by 0.40 percent or 7.89 points to close 1,973.01 points and the SEM10 index plunged by 0.89 percent or 3.38 points to end at 375.06 points. The market capitalization was recorded at MUR 219.354 billion, by falling MUR 877 million (as against MUR 220.231 recorded at yesterday’s trading session) and overall…

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Nigeria Equity Watch | 1 July 2015: Nigerian Market Fizzles on H2 Portfolio Readjustment…NSE ASI down 177bps

Nigeria Equity Watch | 1 July 2015: Nigerian Market Fizzles on H2 Portfolio Readjustment…NSE ASI down 177bps

Lagos, Nigeria (Capital Markets in Africa) — The Nigerian bourse reverted a 2-day gain as the benchmark index tumbled 1.8% to berth at 32,863.43 points today. Intraday market movement indicated that the NSE ASI slumped from 33300pts at mid-day to 32800pt before adjusting upwards at close of trade. We link the sharp decline of the index to sell down in DANGOTE CEMENT (-4.4%), STANBIC (-4.0%) and NIGERIAN BREWERIES (-1.0%) in today’s trading. As a result,…

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Cote d’Ivoire Equity Watch | 1 July 2015: BRVM Equity markets closed lower today, market cap XOF 4.4 billion down

Cote d’Ivoire Equity Watch | 1 July 2015: BRVM Equity markets closed lower today, market cap XOF 4.4 billion down

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) BRVM closed the first day in the July trading session, lower than the previous day. BRVM 10 index decreased from 279.08 to 278.27 points, a drop of 0.29%. BRVM Composite index lost 0.06% to 278.26 against 278.44 points previously. The equity market capitalization lost XOF 4.4 billion to close at XOF 6,866.24 billion relative to previous trading sessions’ market capitalization…

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Ghana Equity Watch | 30 June 2015: Ghana equity markets indices and market capitalization close in red today, US$ 24 million down

Ghana Equity Watch | 30 June 2015: Ghana equity markets indices and market capitalization close in red today, US$ 24 million down

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization tumbled at the end of today’s trading session. The benchmark composite index plunged by 18.92 points or about 0.80 percent to end the day at 2,352.23, bringing the year- to- date return to 4.03 percent. Equally, the financial Index dropped by 1.08 percent or 26.18 points to 2,394.68 with a year-to-date return of 6.73 percent. Likewise, the market capitalization fell nearly GHS 103.2 million (or 0.16 percent relative to…

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