Nigerian Equity Markets | 10 Nov 2015: Sell-down Pressure Persists in the Bourse… ASI Sheds 0.6%

Nigerian Equity Markets | 10 Nov 2015: Sell-down Pressure Persists in the Bourse… ASI Sheds 0.6%

Lagos, Nigeria, Capital Markets in Africa — The Nigerian equity market closed southwards today as sentiment swung negative, extending the bearish run in the market which has seen the All Share Index closing negative on 13 out of the last 15 trading sessions. The All Share Index (ASI) declined 64bps today to close at 28,981.12 points whilst YTD loss rose to16.4% – pressured by sell-down pressure in NIGERIAN BREWERIES (-4.1%), ZENITH (-4.0%), FORTE OIL (-2.8%), STANBIC…

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Cote D’Ivoire Stock Markets | 10 Nov 2015: BRVM closes equity trading session lower, market capitalization drops US$29 million …

Cote D’Ivoire Stock Markets | 10 Nov 2015:  BRVM closes equity trading session lower, market capitalization drops US$29 million …

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday lower than the previous day. BRVM 10 index decreased from 299.01 to 298.17 points, a drop of 0.28 percent. BRVM Composite index lost 0.23 percent at 303.53 points against 304.24 points previously. The equity market capitalization fell by XOF 17.43 billion (about US$28.9 million) to close at XOF 7,490 billion relative to the previous…

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Morocco Equity Markets | 10 Nov 2015: Moroccan equity markets end in red, benchmark index 0.21% down

Morocco Equity Markets | 10 Nov 2015: Moroccan equity markets end in red, benchmark index 0.21% down

Casablanca, Morocco, Capital Markets in Africa — The bear appeared on the Casablanca Stock Exchange and the Moroccan benchmark stock index (measured as MASI Index) fell by 0.21 percent to close at 9,212.45 points (with a year-to-date performance to -4.24 percent). The equity market capitalization recorded at MAD 463.801 billion (a decrease of MAD 1.1 million or US$114 million relatively to the previous market capitalization of MAD 464.902 billion). The market activity measured as total traded…

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Mauritius Equity Markets | 10 Nov 2015 : Negative mood continues on the Mauritius equity trading, SEMDEX index down, investors shed off US$12 Mill …

Mauritius Equity Markets | 10 Nov 2015 : Negative mood continues on the Mauritius equity trading, SEMDEX index down, investors shed off US$12 Mill …

PORT LOUIS, Mauritius, Capital Markets in Africa — The bearish mood persisted as the Mauritius official market equity market capitalization ended at MUR 208.457 billion after dipping by MUR 416 million (about US$11.6 million) compared to the previous market capitalization of MUR 208.736 billion. The Mauritius All Share Index (SEMDEX index) dropped 0.13 percent or 2.51 points to end at 1,871.86 and SEM10 index marginally fell by 0.12 points or 0.03 percent to close at 360.91…

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South Africa Equity Markets | 09 Nov 2015: Equity starts the week in green, all key sectors end in the south …

South Africa Equity Markets | 09 Nov 2015: Equity starts the week in green, all key sectors end in the south …

Johannesburg, South Africa Capital Markets in Africa —The Johannesburg Stock Exchange (JSE) equity trading opened the week on a positive note. The JSE All Share (the broadest measure of the equity market performance) gained 0.77 percent or 407.16 points to settle at 53,371.23 points and the JSE Top 40 index closed 0.89 percent or 424.19 points higher to end at 47,964.96 points. The financial sector index added 0.13 percent or 57.84 points at 44,706.91 points. Industrial sector index and industrial…

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Nigerian Equity Markets | 09 Nov 2015: Equities Open Soft on Blue Chips Sell-down…. ASI declines 3bps

Nigerian Equity Markets | 09 Nov 2015: Equities Open Soft on Blue Chips Sell-down…. ASI declines 3bps

Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market closed soft on the first trading day of the week as investors continue to trade cautiously despite the attractive upside value stocks currently presents. Although sentiment swung positive with more gainers than losers, sell down pressure recorded in blue-chip counters — DANGOTE CEMENT (-0.6%) and NIGERIAN BREWERIES (-0.7%) led to a mild 3bps decline in the benchmark equity All Share Index to 29,168.04 points, whilst…

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Kenya Equity Markets | 09 Nov 2015: Positive sentiment opens the markets, investors gain US$64 million …

Kenya Equity Markets | 09 Nov 2015: Positive sentiment opens the markets, investors gain US$64 million …

Nairobi, Kenya Capital Markets in Africa — Positive sentiment opened the week at the Nairobi Securities Exchange equity trading session after key indices ended higher and shareholder value increased. The equity market capitalization closed at KES 1,978 billion after adding KES 6.51 billion (c.US$63.6 million) or 0.33 percent from the market capitalization of KES 1,971 billion recorded at the previous trading session. The Nairobi All Share Index rose by 0.33 percent or 0.46 points to end at 140.64…

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