Stock Market

Ghana: BOG to Sanction Companies Pricing in Dollars

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Posted by admin 4 days ago (http://allafrica.com)

[Ghanaian Chronicle]Institutions and companies pricing in dollars without the approval of the Bank of Ghana (BoG) would be sanctioned by the banking and financial sector regular.

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Nigeria: Stock Market Moves 91 Percent Close to 2008 Peak

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Posted by admin 5 days ago (http://allafrica.com)

[This Day]Riding on the back of impressive financial results and growing investor confidence, the Nigerian stock market has moved 91 per cent close to its 2008 peak with the market capitalisation closing at N11.49 trillion last Monday.

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Nigeria: SEC Revives Dispute Resolution Mechanism

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Posted by admin 5 days ago (http://allafrica.com)

[This Day]The Administrative Proceedings Committee (APC) of the Securities and Exchange Commission (SEC) will commence sitting and begin to resolve disputes following the reconstitution of its membership.

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Kenya: Uchumi to Issue 100 Million Shares

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Posted by admin 5 days ago (http://allafrica.com)

[Capital FM]Nairobi -Uchumi Supermarkets has called in investors to buy 100 million shares once rights issues and cross-listing processes are completed in November 2013.

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Kenya: Nairobi Stock Exchange Awaits Safaricom's Earnings

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Posted by admin 5 days ago (http://allafrica.com)

[The Star]The Nairobi All Share edged 0.05 points higher to close at 122.57.It is +29.211% this year . The Nairobi NSE20 Index eased 22.91 points to close at 4866.05. The Nairobi NSE20 Index is +17.735% in 2013. Equity Turnover was 362.33m and lower than the recent average.

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Nigeria: Stock Market Drops By N20 Billion

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Posted by admin 6 days ago (http://allafrica.com)

[Leadership]Trading activities on the floor of the Nigerian Stock Exchange(NSE) closed in the negative trajectory yesterday, following price losses suffered by major blue chip companies, as investors' wealth dropped by N20 billion.

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Nigeria: In Issue of Shares, Don't Follow the Crowd

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Posted by admin 6 days ago (http://allafrica.com)

[Vanguard]If you want to make money investing in shares, you must not follow the crowd. When the stock market was booming and almost every company was selling shares, investment in shares became popular. Every Tom, Dick and Harry started buying shares.

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Nigeria: Shari'ah Compliant Equities Gain More Momentum

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Posted by admin 6 days ago (http://allafrica.com)

[Daily Trust]Lagos -The Nigerian Stock Exchange Lotus Islamic Index (NSELII) has gained more momentum than the NSE All Share Index (ASI). This is an index of companies that are found to be compliant with stringent rules of Shari'ah.