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Kenya: Safaricom Hits Fresh All Time Closing High

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Posted by admin 1 hour 11 minutes ago (http://allafrica.com)
[The Star] The Nairobi Securities Exchange has been under performing its sub-Saharan Africa peers with Nigeria having ramped +25% since closing at a two-year low on February 13.

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Nigeria: No Plans to Extend Recapitalisation Deadline for Capital Market Operators - SEC Boss

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Posted by admin 1 day 1 hour 10 minutes ago (http://allafrica.com)
[Daily Trust] The Securities and Exchange Commission (SEC) on Thursday said that Sept. 30 deadline for new minimum capital requirement for market operators would not be extended.

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Nigeria: Shareholders Hail SEC Decision On BGL Suspension

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Posted by admin 1 day 1 hour 10 minutes ago (http://allafrica.com)
[Daily Trust] Lagos -Shareholders leaders have praised the Securities and Exchange Commission (SEC) on the decision to suspend management of BGL Plc.

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Ghana: MMH Launches IPO on the Ghana Stock Exchange

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Posted by admin 1 day 1 hour 11 minutes ago (http://allafrica.com)
[Ghanaian Chronicle] The Meridian Marshall Holdings (MMH) first ever education-oriented institution has launched its Initial public offering (IPO) on the Ghana Stock Exchange seeking to raise GHc2.5 million through the issuance of 25 million new ordinary shares at GHc0.10. The Share offer has become necessary because MMT wants to raise funds for the expansion and delivery of innovative and world

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Egypt: Bourse Continues Gains for 2nd Day

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Posted by admin 1 day 1 hour 11 minutes ago (http://allafrica.com)
[Egypt Online] The Egyptian Exchange (EGX) closed on Thursday with gains for the second day backed by share purchases by local and foreign investors.

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Kenya: NSE20 Drops as Foreign Investors Reroute Some Funds

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[The Star] The Nairobi All Share retreated 0.21 points to close at 171.58. The Nairobi NSE20 retreated 16.06 points to close at 5026.79 and this is a fresh closing low for this index this year. Equity turnover clocked 740.194m.

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Kenya: New Rules to Open Up Trading at Bourse

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[The Star] INDIVIDUAL investors may from the third quarter buy into a diverse number of stocks and bonds including highly priced blue chips trading at the Nairobi Securities Exchange.

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Namibia: Swakara Sales Continue to Soar

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Posted by admin 2 days ago (http://allafrica.com)
[Namibian] NINETY three percent of the Swakara offering was sold at the April pelt auction in Denmark.

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