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Nigeria: NSE - Operators Attribute Price Rebound to New Measures

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Posted by admin 182 days ago (http://allafrica.com)
[Leadership]Some capital market operators have attributed the current price rally on the nation's bourse to low returns being offered by money market instruments and the forbearance package to stock brokers.

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Nigeria: Will FG's N22.6 Billion Bailout Curb Excessive Risk-Taking in Capital Market?

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Posted by admin 183 days ago (http://allafrica.com)
[This Day]As the euphoria that greeted the introduction of a N22.6 billion bailout plan for 84 stockbroking firms simmer, informed analysts have begun to wonder whether or not the intervention will deter stockbrokers from plunging their organisations into reckless risk- taking that caused the 2008 capital market, reports Festus Akanbi

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Egypt: ESE Gains EGP 6.4 Billion

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Posted by admin 183 days ago (http://allafrica.com)
[Egypt Online]The Egyptian Stock Exchange (ESE) gained EGP6.4 billion on Sunday's trading on the backdrop of referendum and Foreign investors' sales.

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Nigeria: NSE Index Records Six Week High, As Shares' Value Rises by N324 Billion

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Posted by admin 183 days ago (http://allafrica.com)
[Vanguard]All Share Index of the Nigeria Stock Exchange rose to a six week high last week while total value of shares rose by N234 billion in response to five days of uninterrupted profit making on the Exchange.

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Zimbabwe: Industrial Index Rises On Gains

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Posted by admin 183 days ago (http://allafrica.com)
[The Herald]THE Zimbabwe Stock Exchange industrial index rose marginally last Friday on gains in selected heavyweight and mid-tier stocks while the mining index remained unchanged. After trades, the mainstream index was up 0,14 percent or 0,20 points to 147,48 points. The mining index, of four trading shares, was unchanged at 65,94 points.

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Zimbabwe: ZSE Pushes for Separate SMEs Bourse

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Posted by admin 183 days ago (http://allafrica.com)
[The Herald]THE Zimbabwe Stock Exchange is pushing for the urgent establishment of a small-to-medium enterprises bourse to provide easier access to capital markets to raise funds to support SME growth.

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Kenya: Exchange Moves to Attract Mining, Natural Resource Investment

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Posted by admin 183 days ago (http://allafrica.com)
[The Star]The Nairobi Securities Exchange is fast tracking operations in the Growth Enterprise Market Segment(GEMS) to attract incoming players in the natural resources and mining sector.

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Uganda: Umeme Now Ready to List in Kenya

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Posted by admin 183 days ago (http://allafrica.com)
[Independent]Umeme Limited, Uganda's sole power distributor, has won regulatory approval to list its shares on the Kenyan stock exchange in a bid to improve trading in its stock.

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