African Market Watch: Wed, 8th April 2015

African Market Watch: Wed, 8th April 2015

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day for BRVM 10 index, and lower for BRVM Composite. BRVM 10 index rose from 269.02pts to 269.11pts, a gain of 0.03%. BRVM Composite index lost 0.79% to 259.98pts against 262.04pts previously. The equity market capitalization was recorded at XOF 6,415.10 billion. Likewise, the traded value was recorded at XOF 462.256…

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African Market Watch: Tuesday, 7th April 2015

African Market Watch: Tuesday, 7th April 2015

BRVM [The Regional Stock Exchange, Cote d’Ivoire]: BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day. BRVM 10 index fell from 269.02pts to 269.20pts, a lost of 0.07%. BRVM Composite index gained 0.23% to 262.04pts against 262.64pts previously. The equity market capitalization was recorded at XOF 6,466.06 billion. Likewise, the traded value was recorded at XOF 915.240 million and total volumes recorded at 223,641 shares in…

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IMF says Rwanda economy to expand by 6.5 pct this year

IMF says Rwanda economy to expand by 6.5 pct this year

KIGALI (Reuters) – Rwanda’s economy is expected to grow by 6.5 percent this year from 7.0 percent in 2014, while inflation will remain contained, the International Monetary Fund said on Thursday. Rwanda’s government has said last year’s economic growth was buoyed by robust expansion in farming, services and industrial sectors, rising from 4.6 percent in the previous year. The east African nation’s 2013 growth suffered from cuts in budgetary support by donors, after United Nations…

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African Market Watch: Thurs, 26th March 2015

African Market Watch: Thurs, 26th March 2015

BRVM [he Regional Stock Exchange, Cote d’Ivoire] BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day. BRVM 10 index rose from 270.42pts to 270.97pts, a gain of 0.20%. BRVM Composite index gained 0.28% to 266.05pts against 265.32pts previously. The equity market capitalization was recorded at XOF 6,564.81 billion. Likewise, the traded value was recorded at XOF 395.679 million and total volumes recorded at 56,555 shares in…

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Rwanda holds rates at 6.5 pct, inflation seen in check

KIGALI (Reuters) – Rwanda’s central bank held its key repo rate at 6.5 percent on Thursday, Governor John Rwangombwa said, adding inflation had been low in the past two months and was not expected to exceed 3.5 percent by the end of 2015. Rwanda’s urban year-on-year inflation rate fell to 0.7 percent in February from 1.4 percent the previous month, which the statistics bureau had said was due to a drop in transport costs. “Despite…

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African Market Watch: Wed, 25th March 2015

African Market Watch: Wed, 25th March 2015

BRVM [he Regional Stock Exchange, Cote d’Ivoire] BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, higher than the previous day. BRVM 10 index rose from 268.74 to 270.42pts, a gain of 0.63%. BRVM Composite index gained 0.53% to 265.32 against 263.91pts previously. The equity market capitalization was recorded at XOF 6,546.91 billion. Likewise, the traded value was recorded at XOF 806.047 million and total volumes recorded at 1,613,293 shares in…

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African Market Watch: Tuesday, 24th March 2015

African Market Watch: Tuesday, 24th March 2015

BRVM [he Regional Stock Exchange, Cote d’Ivoire] BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session today, lower than the previous day. BRVM 10 index decreased from 269.39 to 268.74pts, a drop of 0.21%. BRVM Composite index lost 0.21% to 263.91 against 264.46pts previously. The equity market capitalization was recorded at XOF 6,512.01 billion. Likewise, the traded value was recorded at XOF 301.086 million and total volumes recorded at 902,438 shares in…

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