Nigerian Equity Markets | 16 Nov 2015: Bears Claw Market Back as Sentiment Wanes … NSE ASI Down 107bps

Nigerian Equity Markets | 16 Nov 2015: Bears Claw Market Back as Sentiment Wanes … NSE ASI Down 107bps

Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market dipped into the red at the close of trade today, to erase the marginal gain recorded last Friday. The Benchmark Index –All Share Index- fell 1.1% to close at 28, 532.81points. The bears’ hold on the market further tightened as seen from the losses in bellwether Banking and Consumer Goods counters –  ZENITH (-4.8%), GUARANTY (-3.7%) and NIGERIAN BREWERIES (-2.1%) which drove the negative performance….

Read More

Cote D’Ivoire Stock Markets | 16 Nov 2015: Agriculture, Transport and Distribution pull indices to red zone …

Cote D’Ivoire Stock Markets | 16 Nov 2015: Agriculture, Transport and Distribution pull indices to red zone …

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Monday lower than the previous day. BRVM 10 index decreased from 297.77 to 295.64 points, a drop of 0.72 percent. BRVM Composite index lost 0.47 percent at 301.72 points against 303.14 points previously. The equity market capitalization dropped XOF 33 billion (about US$58.5 million) to close at XOF 7,445 billion relatively to the previous trading…

Read More

Egypt Equity Markets | 16 Nov 2015: Egyptian ends in mixed mood, market caps higher but EGX 30 index lower …

Egypt Equity Markets | 16 Nov 2015: Egyptian ends in mixed mood, market caps higher but EGX 30 index lower …

Cairo, Egypt, Capital Markets in Africa —– Egyptian Exchange equity trading started the week on a mixed note after the equity market capitalization gained EGP 1.38 billion (nearly US$172 million) to end at EGP 419.269 billion from EGP 417.889 billion recorded at the previous day trading session.  However, the benchmark index EGX30 sagged by 76.10 points or 1.07 percent to end 7,158.10 points. The equal-weighted indexes EGX50 soared by 0.44 percent or 4.85 points to settle at 1,102.30 points. EGX70…

Read More

Morocco Equity Markets | 16 Nov 2015: Morocco Equity Market Resumes in the week in Red … investors lose US$245 million

Morocco Equity Markets | 16 Nov 2015: Morocco Equity Market Resumes in the week in Red … investors lose US$245 million

Casablanca, Morocco, Capital Markets in Africa —On Monday, the equity trading ended in negative both the market indices and market capitalization closed lower. The Moroccan benchmark stock index (measured as MASI Index) sagged by 0.54 percent to close at 9,211.08 points (with a year-to-date performance to -4.25 percent) with total market capitalization at MAD 463.101 billion (a drop of MAD 2.5 billion or US$254 million relative to previous market capitalization of MAD 455.782). The market activity…

Read More

Mauritius Equity Markets | 16 Nov 2015: Bearish sentiment opens in the week … Market Capitalization of MUR 495 million lower

Mauritius Equity Markets | 16 Nov 2015: Bearish sentiment opens in the week … Market Capitalization of MUR 495 million lower

PORT LOUIS, Mauritius, Capital Markets in Africa — The Stock Exchange of Mauritius equity markets trading opened the week in the negative region. The equity market capitalization ended at MUR 205.117 billion after dropping MUR 494.832 million (about US$13.9 million).  The Mauritius All Share Index (SEMDEX index) fell by 0.24 percent or 4.44 points to end at 1,850.44 and SEM10 index declined by 0.41 percent or 1.46 points to end at 355.01 points. From the market…

Read More

Africa Equity Weekly | 13 Nov 2015: Uganda, Kenya in the positive but Egypt, Nigeria, South Africa in the red zone …

Africa Equity Weekly | 13 Nov 2015: Uganda, Kenya in the positive but Egypt, Nigeria, South Africa in the red zone …

Lagos, Nigeria, Capital Markets in Africa — It was a bearish mood this week for most equity markets as news flows from several markets dampened investors’ sentiments.  Equally, the impressive US October jobs report released last week which moved the US Fed closer to raising its benchmark interest rate during its next meeting in December further spurred sell-offs in equities. The African equity markets ended in the red zone at the end of Friday 13 November 2015,…

Read More

Nigerian Equity Markets | 12 Nov 2015: Equities Market Pullback on Loss in NIGERIAN BREWERIES…. ASI Drops 74bps

Nigerian Equity Markets | 12 Nov 2015: Equities Market Pullback on Loss in NIGERIAN BREWERIES…. ASI Drops 74bps

Lagos, Nigeria, Capital Markets in Africa — The Nigerian Equities market retreated into the negative territory after the marginal gain recorded yesterday as the All Share Index (ASI) declined 74bps to close at 28,798.67pts, whilst market capitalization shed N74.3bn to close N9.9bn. Consequently, MTD and YTD losses widened to 1.3% and 16.9%. The pullback in the broader index was majorly due to the sustained sell-pressure in NIGERIAN BREWERIES (-2.3%) and depreciations in WAPCO (-4.0%) and ETI…

Read More
1 43 44 45 46 47 200