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Egypt: EGX Maintains Upward Trend

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Posted by admin 119 days ago (http://allafrica.com)
[Egypt Online]The Egyptian Stock Exchange (EGX) continued to rebound on Sunday 21/12/2014, backed by purchases of Arab and foreign institutions and investment funds.

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Nigeria: Union Bank, FBN Holdings, Others Buoy NSE's Turnover By N46.5 Billion

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Posted by admin 119 days ago (http://allafrica.com)
[Guardian]HEAVY transactions in the shares of some companies, especially Union Bank of Nigeria Plc and FBN Holdings Plc, last week, buoyed the volume of shares traded, as a turnover of 5.409 billion shares worth N46.470 billion was recorded in 22,986 deals by investors on the floor of the Nigeria Stock Exchange (NSE).

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Kenya: NSE Allowed to Set Up Futures Market

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Posted by admin 119 days ago (http://allafrica.com)
[The Star]The Nairobi Securities Exchange has received a provisional licence to set up a derivatives exchange, setting the stage for investors to start trading in futures contracts and options.

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Egypt: EGX Rebounds Before Weekend, Index Up 3.39 Percent

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Posted by admin 121 days 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 121 days 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 122 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 122 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 122 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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