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Egypt: EGX Rebounds Before Weekend, Index Up 3.39 Percent

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Posted by admin 1 day 18 hours ago (http://allafrica.com)
[Egypt Online]The Egyptian Stock Exchange (EGX) rebounded on closing for the weekend on Thursday, backed by purchases of foreign institutions and investment funds.

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Zimbabwe: Negative Investor Sentiment Hits ZSE

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Posted by admin 1 day 18 hours ago (http://allafrica.com)
[Zimbabwe Independent]ZIMBABWE'S economic challenges, largely stemming from policy inconsistency and bad governance, have taken a toll on the country's bourse, latest statistics show.

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Nigeria: CBN Reduces Forex Trading Position of Banks to Zero Percent

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Posted by admin 2 days ago (http://allafrica.com)
[Independent (Lagos)]Sunday -The Central Bank of Nigeria (CBN) has reviewed the foreign exchange trading position of banks and Bureau De Change operators (BDC's) from 1 percent to zero percent of shareholders' funds (SHF) unimpaired by losses.

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Nigeria: Unity Bank, Seplat to Join NSE 30 Index

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Posted by admin 2 days ago (http://allafrica.com)
[Vanguard]Unity Bank Plc, Seplat Petroleum and Sterling Bank Plc are among the stocks that have been penciled down by the Nigerian Stock Exchange, NSE, to join its NSE 30 Index as it finalizes end of year review of the Index.

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Nigeria: NSE Index Rises By 1.2 Percent as Bulls Return

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Posted by admin 2 days ago (http://allafrica.com)
[This Day]Respite came the way of investors in the Nigerian equities market yesterday as it recorded the first positive close after eight days of a free fall. The Nigerian Stock Exchange (NSE) All-Share Index (ASI)appreciated by 1.2 per cent to close at 29,311.25 after a decline of 2.8 per cent the previous day.

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Kenya: Kenya Airways Swims Against Tide With a 5 Percent Drop

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Posted by admin 2 days ago (http://allafrica.com)
[The Star]Global markets have been contaminated of late with Petro-Economies like Russia coming under extreme pressure. Naturally this spilled over into the big SSA Petro-Economies like Nigeria where the naira is at an all time low and the Central Bank is running out of ammunition. The Nigeria All Share is at 23 month lows. The Angola kwanza is at a record low. The extreme price action seen in SS

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Nigeria: Stocks Rebound, Halting Eight-Day Losing Streak

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Posted by admin 2 days ago (http://allafrica.com)
[Guardian]THE equities market closed yesterday on a positive note, as Nigerian Stock Exchange [NSE] All Share Index [ASI] appreciated by 1.21 per cent to close at 29,311.25 basis points, compared with the 2.78 per cent depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 29.08 per cent.

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Tanzania: Speculation Hits Dar Bourse

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Posted by admin 2 days ago (http://allafrica.com)
[Daily News]THE Dar es Salaam Stock Exchange (DSE) has experienced a bearish mode in the last six months, thanks to end year holidays and shrinking speculation.

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