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Nigeria: Dangote Cement Remains Most Capitalised Firm On the Exchange

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Posted by admin 8 days ago (http://allafrica.com)
[Guardian]DANGOTE Cement remains the most capitalized company on the Nigerian Stock Exchange (NSE), as it closed the year, 2013, with a market capitalization of N3.73 trillion.

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Nigeria: NSE Records N14.5 Billion Turnover in Three Trading Days

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Posted by admin 8 days ago (http://allafrica.com)
[Guardian]A TURNOVER of 1.351 billion shares worth N14.471 billion was exchanged in 14,680 deals by investors on the floor of the Nigerian Stock Exchange (NSE) last week, in contrast to a total of 2.588 billion shares valued at N24.902 billion that changed hands in 18,750 deals during the preceding week.

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Nigeria: Shareholders' Group Tasks Royal Exchange on Recapitalization

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Posted by admin 8 days ago (http://allafrica.com)
[Guardian]SHAREHOLDERS group under the aegis of Renaissance Shareholders Association , have urged management of Royal Exchange Plc to ensure that a well planned recapitalisation of the company to the tune of N50 billion, urging them to consider restructuring its business into a Group structure.

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Kenya: Cigarette Maker's Stock Touches Historical Sh1,000 At the Bourse

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Posted by admin 8 days ago (http://allafrica.com)
[The Star]British American Tobacco stock opens trade today as the most expensive share on the Nairobi Securities Exchange, having closed at a historical high of Sh999 on Friday.

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Rwanda: Rwandans Urged to Invest in Uchumi Shares Before Upcoming Rights Issue

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Posted by admin 8 days ago (http://allafrica.com)
[New Times]Local businesses and individuals have been urged to buy regional retailer Uchumi Supermarkets' shares ahead of the firm's rights issuance next month.

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Zambia: JSE Listing to Curb Trade Shocks

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Posted by admin 11 days ago (http://allafrica.com)
[Times of Zambia]TRADE between Zambia and South Africa will no longer be exposed to adverse effects of currency fluctuations following the quoting of the Kwacha on the Johannesburg Stock Exchange (JSE).

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South Africa: South African Bourse Launches Futures Trading for Nigeria's Currency, Others

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Posted by admin 11 days ago (http://allafrica.com)
[Guardian]SOUTH Africa's Johannesburg Stock Exchange [JSE] has launched currency future instruments which will help investors and businesspeople looking to hedge against African currency movements.

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Nigeria: NSE Index Drops By 1.03 Per Cent

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Posted by admin 11 days ago (http://allafrica.com)
[Daily Independent]Lagos -Just as it did the previous day, trading on the floor of The Nigerian Stock Exchange (NSE) on Thursday closed in the negative trajectory when both indicators depreciated by 1.03 percent each, the biggest daily drop in the last six months.

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