Morocco Equity Market | 26 Aug 2015: Moroccan equity markets continue in red zone, MASI down -0.68%…

Morocco Equity Market | 26 Aug 2015: Moroccan equity markets continue in red zone, MASI down -0.68%…

Casablanca, Morocco (Capital Markets in Africa):- Moroccan equity markets continued in the red zone at the end of today’s trading session. The Moroccan benchmark stock index (measured as MASI Index) slumped by 63.35 points or -0.68 percent to close at 9,252,66 points (with a year-to-date performance to -3.82 percent) with total market capitalization at MAD 565.471 58,743 billion relative to previous market capitalization of MAD 475.863. Likewise, Moroccan most active share index (MADEX) closed at 7,560,98 points (a deduction of -0.73percent…

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Nigeria Equity Watch | 26 Aug 2015 : Nigerian Equities Market Continues to Bleed …NSE ASI down 2.3%

Nigeria Equity Watch | 26 Aug 2015 : Nigerian Equities Market Continues to Bleed …NSE ASI down 2.3%

Lagos, Nigeria (Capital Markets in Africa) —The bears continue to dominate the Nigeria Bourse. Hence, the All Share Index dipped 2.3% to 28,137.65pts. Today’s decline was on the back of further losses sustained in DANGOTE CEMENT (-2.3%), NESTLE (-5.0%) and GUARANTY (-3.4%). Investors lost N230.0bn in paring market capitalization to N9.7tn. Market activity was mixed as volume traded lessened 19.9% to 483.7m units while value increased 74.3% to N5.1bn. Sector performance also reflected the overall…

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Egypt Equity Market | 26 Aug 2015 : Egyptian equities bullish sentiment sustains, EGX30 0.53% higher, EGX100 up 1.12%..

Egypt Equity Market | 26 Aug 2015 : Egyptian equities bullish sentiment sustains, EGX30 0.53% higher, EGX100 up 1.12%..

Cairo, Egypt (Capital Markets in Africa):- The Egyptian Exchange bullish sentiment was sustained today as indices rebounded and the market capitalization ended at EGP 424.890 billion relative to EGP 420.8 billion recorded at previous days trading session although stock price losers outweighed gainers. The benchmark index EGX30 surged by 0.53 percent or 36.54 points to end 6873.49 6,836.95 points conversely, the equal-weighted indexes EGX50 fell by -0.10 percent or 1.20 points to settle at 1172.54 points. EGX70, which measures small and mid-cap index, added o.34 percent or 1.28 points to settle…

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Mauritius Equity Watch | 26 Aug 2015 : Mauritius equities remain bearish, market cap US$22 million lower

Mauritius Equity Watch | 26 Aug 2015 : Mauritius equities remain bearish, market cap US$22 million lower

Port Louis, Mauritius (Capital Markets in Africa) — Stock Exchange of Mauritius remained in the red district. The equity market capitalization ended at MUR 215.682 billion after sagging by MUR 760 million (US$22 million) relative to previous market capitalization of MUR 216.442 billion.   The Mauritius All Share Index (SEMDEX index) plunged by 0.26 percent or 5.03 points to close at 1,938.57 points and SEM10 index ended at 369.54 points after sagging by 0.22 percent or 0.83…

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Africa Equity’s Black Monday in Pictures: $28bn knocked off the market on Monday 24th Aug

Africa Equity’s Black Monday in Pictures: $28bn knocked off the market on Monday 24th Aug

Lagos, Nigeria (Capital Markets in Africa) —  On Monday 24th August, about $1.6 trillion was wiped off the global equity market capitalization, as panic on China’s trading floors sent shock waves through global markets. African equity markets were not spared in the attack and about $28 billion was shed off its equity market capitalization with slumps in key markets. For breakdown and details see the chart below …. 

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Morocco Equity Market | 25 Aug 2015: Moroccan equity markets remain in red zone

Morocco Equity Market | 25 Aug 2015: Moroccan equity markets remain in red zone

Casablanca, Morocco (Capital Markets in Africa):- Moroccan equity markets remained in red zone at the end of Tuesday’s trading session. The Moroccan benchmark stock index (measured as MASI Index) slumped by 114.10 point or 1.21 percent to close at 9,316.01 points (with a year-to-date performance to -3.61 percent) with total market capitalization at MAD 475.863 billion (a fall of MAD 4.8 billion relative to previous market capitalization of MAD 480.673) and market activities measured as total…

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Nigeria Equity Watch | 25 Aug 2015 : Nigerian Equities Market Rout Continues… NSE ASI down 1.4%

Nigeria Equity Watch | 25 Aug 2015 : Nigerian Equities Market Rout Continues… NSE ASI down 1.4%

Lagos, Nigeria (Capital Markets in Africa) — As the global equities quiver on the Chinese market rumble, the Nigerian Bourse sustains further loses as against rebounds noticed in some European and the US Markets. This was on the back of additional depreciation in large cap stocks such as NIGERIAN BREWERIES (-5.0%), GUARANTY (-3.9%) and DANGOTE CEMENT (-0.6%). The All Share Index declined 1.4% to 28,807.13pts thereby extending YTD loss to 16.9% while W-o-W decline berthed…

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