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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Morocco Equity Markets | 09 Nov 2015: Equity market capitalization US$242 higher, all sector indices in green except Bank …

Morocco Equity Markets | 09 Nov 2015: Equity market capitalization US$242 higher, all sector indices in green except Bank …

Casablanca, Morocco, Capital Markets in Africa — The Bull opened the week after the Moroccan benchmark stock index (measured as MASI Index) advanced by 0.65 percent to end at 9,232.25 points (with a year-to-date performance to -4.03 percent). The equity market capitalization ended at MAD 464.902 billion (an increase of MAD 2.3 million or US$242 million relatively to the previous market capitalization of MAD 462.554 billion). The market activity measured as total traded value was recorded…

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Mauritius Equity Markets | 09 Nov 2015 : Equity Market ends in Negative, SEDMEX index 0.07% down …

Mauritius Equity Markets | 09 Nov 2015 : Equity Market ends in Negative, SEDMEX index 0.07% down …

PORT LOUIS, Mauritius, Capital Markets in Africa — The bear opened the week and the Mauritius official market equity market capitalization ended at MUR 208.736 billion after dropping MUR 200 million (about US$5.2 million) compared to the previous market capitalization of MUR 208.877 billion. In the same bearish mood, the Mauritius All Share Index (SEMDEX index) sagged by 0.07 percent or 1.26 points to close at 1,874,37 and SEM10 index marginally fell by 0.01 points to…

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Nigerian Q3 Earnings Season Review: Macroeconomic Challenges Weigh on Companies Scorecards

Nigerian Q3 Earnings Season Review: Macroeconomic Challenges Weigh on Companies Scorecards

Lagos, Nigeria, Capital Markets in Africa — The year 2015 has been characterized by a cocktail of macroeconomic challenges which trailed the decline in crude oil prices, and the political and policy uncertainties that shaped the direction of the economy so far in 2015. This is reflected in the trend of key macroeconomic indicators such as the slowing economic growth (Real GDP growth slowed to a 10-year low of 2.4% in Q2:2015), the steadily rising…

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African capital markets play an important role in fostering African economic growth — Sunil Benimadhu, CEO, Stock Exchange of Mauritius

African capital markets play an important role in fostering African economic growth — Sunil Benimadhu, CEO, Stock Exchange of Mauritius

Sunil Benimadhu, Chief Executive of the Stock Exchange of Mauritius (SEM) gives an exclusive interview to Capital Markets in Africa and elaborates on aspects of capital markets development in Africa. Sunil has played an instrumental role in uplifting the operational, technical and regulatory infrastructure of the SEM and contributed to its emergence as one of the leading Exchanges in Africa. He is a regular speaker on emerging markets and on African markets in international stock exchange conferences  To…

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