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Kenya: Kenyan Tech Firm Eyes NYSE Listing

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Posted by admin 8 days ago (http://allafrica.com)
[The Star]ONFON Media, the valued added telecoms services firm, said yesterday it has initiated a process to list on the New York Stock Exchange in the next three years as it seeks cheap money to drive its innovation business.

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Nigeria: NSE Index Rebounds, As Honeywell Flour Offers 17K Dividend

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Posted by admin 9 days ago (http://allafrica.com)
[Daily Independent]Lagos -After closing in the red on Monday, indicators of the Nigerian bourse headed northward on Tuesday when equities capitalisation closed higher at N13.98 trillion after it appreciated by N26.417 billion, as against N13.872 trillion it recorded on Monday, while the All-Share Index added 80 basis points or 0.19 per cent to close at 42, 092.73 points as against 42,012.73 point

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Nigeria: Rewane - Weak Corporate Earnings Will Constrain Stock Prices in Q3

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Posted by admin 9 days ago (http://allafrica.com)
[This Day]As investors in the Nigerian equities market rue their losses in July following weaker than expected second quarter results released by banks and some fast moving consumer good companies (FMCGs), analysts have predicted that stock prices will be further constrained in the third quarter of this year.

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Uganda: New Stock Market Rules Boost Trade

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Posted by admin 9 days ago (http://allafrica.com)
[Observer]There was an increase among some share prices at the Uganda Securities Exchange after the introduction of the Shs 1 trade early this week.

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Nigeria: CIS Vows to Protect Brokers' Interest in Demutualisation of NSE

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Posted by admin 9 days ago (http://allafrica.com)
[This Day]The President of Chartered Institute of Stockbrokers (CIS), Mr. Albert Okumagba, has vowed that the institute would protect the interest of stockbrokers in the demutualisation of the Nigerian Stock Exchange (NSE) and recapitalisation of capital market operators.

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Tanzania: Swala Shares Gain On Listing Day At Dar Bourse

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Posted by admin 10 days ago (http://allafrica.com)
[Daily News]SWALA Oil and Gas Tanzania listed at the Enterprise Growth Market (EGM), a segment of the Dar es Salaam Stock Exchange (DSE) on Monday to become the first oil and gas company in East Africa to go public.

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Nigeria: NSE Cap Sheds N193 Billion, As NB Leads Losers

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Posted by admin 10 days ago (http://allafrica.com)
[Daily Independent]Lagos -Trading on the floor of The Nigerian Stock Exchange which closed negative at the weekend, took off also on a negative note on Monday when equities market capitalisation closed lower at N13.893 trillion after it went down by N193.408 billion as against N14.065 trillion recorded on Friday.

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Zimbabwe: Trade Slows on Zimbabwe's Stock Market

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Posted by admin 10 days ago (http://allafrica.com)
[New Zimbabwe]MARKET watchers and analysts expect the Zimbabwe Stock Exchange (ZSE) to slow further in the next few months as the country's economy continues to encounter problems.

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