Stock Market

Zimbabwe: Consilium Investment Has Stake in FBC

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Posted by admin 1 day 19 hours ago (http://allafrica.com)

[Zimbabwe Independent]A United States investment management firm Consilium Investment Management has acquired a stake in local banking group FBC Holdings.

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Zimbabwe: Stockbrokers Express Concern Over Bill

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Posted by admin 1 day 19 hours ago (http://allafrica.com)

[Zimbabwe Independent]Stockbrokers have expressed concern with a clause in the new Securities Amendment Bill, passed in the lower house of parliament this week, relating to the corpus of the investor protection fund amid fears it could increase operating costs.

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Zimbabwe: Frontier Markets Need to Cease the Moment

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Posted by admin 1 day 19 hours ago (http://allafrica.com)

[Zimbabwe Independent]Global recession has led to slow growth in most developed economies.

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Kenya: Kenolkobil Has Rallied 17.29 Per Cent Over Two Sessions

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Posted by admin 1 day 19 hours ago (http://allafrica.com)

[The Star]The Nairobi All Share rallied 1.0866% to close at 126.52 and has closed at an all time high for the 2nd consecutive session. The Nairobi All Share has rallied 2.958% over the last 2 sessions.

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Nigeria: NSE Moves 380.90 Million Shares As Index Improves By 0.45 Percent

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Posted by admin 2 days ago (http://allafrica.com)

[Leadership]Investors on the Nigeria Stock Exchange (NSE) traded a total of 380.90 million shares worth N3.53 billion in 5,638 deals on Thursday.

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Tunisia: Arab Federation of Exchanges Holds Annual Meeting in Tunis

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Posted by admin 2 days ago (http://allafrica.com)

[Tunis Afrique Presse]Tunis -The 38th annual meeting of the Arab Federation of Exchanges (AFE) was held on Thursday in Tunis to take stock of results of the previous year, discuss last innovations in the financial markets of the region and develop the federation's action plan for the next year.

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Nigeria: Capital Market Creates Funds for Infrastructure Development - CSCS

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Posted by admin 2 days ago (http://allafrica.com)

[Daily Trust]The Managing Director, Central Securities Clearing System (CSCS), Mr Kyari Abba-Bukar, said that the capital market had created access to funds for infrastructure development through the sale of bonds and equities.

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Kenya: Kenolkobil Shares Gain From Takeover Reports

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Posted by admin 2 days ago (http://allafrica.com)

[The Star]The Nairobi All Share rallied 1.872% to close at 125.16 which is a fresh 2013 and a multi-year high. The Nairobi All Share is +31.941% in 2013 and high volume push higher represents the beginning of a second leg higher. The Nairobi NSE20 rallied 73.46 points and 1.516% to close at 4918.27.