Ghana Equity Watch | 6 July 2015: Ghana equity markets indices and market capitalization bullish today, US$ 10 million up

Ghana Equity Watch | 6 July 2015: Ghana equity markets indices and market capitalization bullish today, US$ 10 million up

Accra, Ghana (Capital Markets in Africa):- Ghana stock markets started the week bullish. The benchmark composite index surged by 6.81 points or 0.30 percent to end the day at 2,348.67, its year- to- date performance improves to 3.88 percent. At the same time, the financial Index gained 9.51 points or 0.41 percent to trade at 2,389.22 with a year-to-date return of 6.49 percent. Likewise, the market capitalization nearly added GHS 38.61 million (relative to previous trading sessions’  market cap of GHS 64,558.49)…

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Ghana Equity Watch | 2 July 2015: Ghana equity markets indices and market capitalization bearish today, US$ 52 million down

Ghana Equity Watch | 2 July 2015: Ghana equity markets indices and market capitalization bearish today, US$ 52 million down

Accra, Ghana (Capital Markets in Africa):- Ghana stock market was closed yesterday for the independent day and closed on negative note today’s trading session. The benchmark composite index plunged by 9.44 points or about 0.40 percent to end the day at 2,342.79, bringing the year- to- date return to 3.62 percent. Equally, the financial Index dropped by 13.06 points or 0.55 percent to 2,381.62 with a year-to-date return of 6.15 percent. Likewise, the market capitalization nearly dropped by GHS 51.5 million (or…

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Ghana Equity Watch | 30 June 2015: Ghana equity markets indices and market capitalization close in red today, US$ 24 million down

Ghana Equity Watch | 30 June 2015: Ghana equity markets indices and market capitalization close in red today, US$ 24 million down

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization tumbled at the end of today’s trading session. The benchmark composite index plunged by 18.92 points or about 0.80 percent to end the day at 2,352.23, bringing the year- to- date return to 4.03 percent. Equally, the financial Index dropped by 1.08 percent or 26.18 points to 2,394.68 with a year-to-date return of 6.73 percent. Likewise, the market capitalization fell nearly GHS 103.2 million (or 0.16 percent relative to…

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South Africa’s rand weakens as rally for riskier assets pauses

South Africa’s rand weakens as rally for riskier assets pauses

Johannesburg, South Africa (Capital Markets in Africa) – South Africa’s rand weakened more than one percent to the dollar on Tuesday, softening to a one week low of 12.2300 per greenback as a recent rally for riskier assets petered out. According to one trader, technical factors were also beginning to filter through with the 12.30 support level in sight, putting some strain on the dollar rand cross.    

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Morocco’s Foreign Currency Reserves rise 16% on year-on-year

Morocco’s Foreign Currency Reserves rise 16% on year-on-year

Casablanca, Morocco (Capital Markets in Africa):- Morocco’s net foreign currency reserves amounted to MAD 193.9 billion till 12 June, an increase of 16% year-on-year, according to local gazette Hespress. On 17 June, Morocco’s central bank, or Bank Al-Maghrib, kept its benchmark interest rate unchanged at 2.5% , saying that inflation would remain consistent with price stability targets. Inflation is expected to reach 1.5% in 2015 and 1.4% on average over the next six quarters. However, there…

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Ghana Market Watch | June 18th 2015: Ghana equity markets indices and market capitalization return to red today, GHS 24 million down

Ghana Market Watch | June 18th 2015: Ghana equity markets indices and market capitalization return to red today, GHS 24 million down

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization tumbled at the end of today’s trading session. The benchmark composite index plunged by 4.41 points or about 0.18 percent to end the day at 2,377.66, bringing the year- to- date return to 5.16 percent. Equally, the financial Index dropped by 0.28 percent or 6.73 points to 2,439.49 with a year-to-date return of 8.73 percent. Likewise, the market capitalization fell nearly GHS 24.01 million (lose 0.04 percent relative to…

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Ghana Market Watch | June 17th 2015: Ghana equity markets indices and market capitalization bounce to green today, GHS 117 million up

Ghana Market Watch | June 17th 2015: Ghana equity markets indices and market capitalization bounce to green today, GHS 117 million up

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization climbed at the end of today’s trading session, amid of increased investor appetite. The benchmark composite index surged 21.14 points or about 0.77 percent to end the day at 2,382.07, bringing the year- to- date return to 5.35 percent. Equally, the financial Index climbed by 32.1 points or 1.11 percent to 2,446.19 with a year-to-date return of 9.03 percent. Likewise, the market capitalization gained nearly GHS 116.7 million (rose…

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