Kenya Market Watch | May 19th 2015: Kenyan equities gain KES 5.6bn and indices up

Kenya Market Watch | May 19th 2015: Kenyan equities gain KES 5.6bn and indices up

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE20) index went up to 4,941.71 points, by adding 9.28 points and Nairobi All Share Index (NASI) added 0.35 points to close at 167.83. At the same time, the market capitalization gained KES 5.6 billion (about 0.21 percent) to close at KES 2,347.664 billion. Looking at the market activities, KAPCHORUA TEA edged up by 8.62 percent to close at KES 126.00 to become today trading sessions’ top gainer….

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Nigeria Market Watch | May 19th 2015: Nigerian equities market reversed its 4-Day uptrend

Nigeria Market Watch | May 19th 2015: Nigerian equities market reversed its 4-Day uptrend

Lagos, Nigeria (Capital Markets in Africa):- The Nigerian Equities market reversed its 4-Day uptrend as the market slipped 21bps to close at 34,706.93 points. Today’s decline was against the backdrop of losses sustained in NIGERIAN BREWERIES (-1.9%), DANGOTE CEMENT (-0.3%) and WAPCO (-2.1%). Similarly, market capitalization eased N25.3bn to close at N11.8tn. Nevertheless, market activity strengthened as volume and value traded appreciated 16.9% and 39.3% to close at 357.2m units and N4.1bn respectively. Mixed Sector Performance…

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Egypt Market Watch | May 19th 2015: Egypt stocks surge as bliss continues on tax cessation

Egypt Market Watch | May 19th 2015: Egypt stocks surge as bliss continues on tax cessation

Cairo, Egypt (Capital Markets in Africa):-Egyptian equity market continued yesterday positive momentum that was spurred by the government’s decision to suspend new capital gain tax implementation for two years. The market capitalisation rose by EGP 1.20 billion compared to yesterday’s gain of EGP 20.3 billion to close at EGP 502.475 billion. The benchmark index EGX30 commenced trading with strong gains that took it above the 9,000 mark. But, retreated to a gain of 0.9% to…

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Zimbabwe Market Watch | May 18th 2015: Zimbabwe stock industrial index added 0.16% …

Zimbabwe Market Watch | May 18th 2015: Zimbabwe stock industrial index added 0.16% …

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) the industrial index added 0.25 points (0.16%) to settle at 155.09 points. Likewise, the market capitalization was recorded at US$ 4.024 billion by adding US$ 6 million. From the market activity perspective, today’s total volume and turnover was recorded at 11.88 million and US$612,364 respectively exchanging in nine shares via 29 transactions. Foreign investor buys US$357,859.. Out of the nine traded securities, Mashonaland Holdings Limited Zimbabwe contributed nearly…

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Morocco Market Watch | May 18th 2015: Moroccan equity indices went up..

Morocco Market Watch | May 18th 2015: Moroccan equity indices went up..

Casablanca, Morocco (Capital Markets in Africa):- Morocco’s benchmark stock index (MASI Index) rose by 0.27 percent to close at 9,878.59 points (2.69 percent year-to-date performance) with total market capitalization at MAD 499.229 billion (against 498.269 billion in previous trading sessions) and market activities measured as total traded value was closed at MAD 87.498 million. Likewise, Moroccan most active share index (MADEX) closed at 8,083.47pts (advanced by 0.29 percent compared to previous trading day). In addition, FTSE…

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Nigeria Market Watch | May 18th 2015:Nigerian Equities Market opens High

Nigeria Market Watch | May 18th 2015:Nigerian Equities Market opens High

Lagos, Nigeria (Capital Markets in Africa):- The Nigerian Bourse opened the week on a positive note, extending the uptrend observed in recent sessions to the fourth consecutive day. The Nigerian All Share Index added 99bps to berth at 34,781.5 points. The positive close was broadly driven by gains recorded in FORTE OIL (+9.1%), ZENITH (+2.7%) and GTBANK (+1.7%). Market Capitalization followed suit, improving by N120.2bn to close at N11.8tn.  Market activity also strengthened as volume and…

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Kenya Market Watch | May 18th 2015: Kenyan equities start on negative mood..

Kenya Market Watch | May 18th 2015: Kenyan equities start on negative mood..

Nairobi, Kenya (Capital Markets in Africa):- The Nairobi Securities Exchange (NSE20) index went down by 48.39 points to close at 4,932.32 and Nairobi All Share Index fell by 0.25 points to close at 167.48. Likewise, the market capitalization fell by 0.25 percent to close at KES 2,342.1 billion. The market breadth ended positive, with 14 gainers and 27 losers. On the one hand, the highest market gainer was Eveready surged 8.33 percent to close at KES 4.55…

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