Nigeria: Stock Market Bleeds On Political Uncertainties
June 4, 2018--Concerns over the upcoming 2019 general election as well as the cautious stand adopted by Foreign Portfolio Investors, FPIs, and other domestic portfolio managers over the unfolding political events in the country have resulted in a huge loss of N2.35 trillion to equity investors in the last four months.
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Source: allAfrica.com
JSE up in line with global markets
June 4, 2018--The JSE was lifted on Monday as global markets responded positively to Friday's upbeat US jobs report.
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Source: FIN24
JSE closes weaker after dormant session
May 29, 2018--The JSE closed softer on Monday, following a rather dormant trading session as it struggled to find a catalyst for direction due to the closure of US and UK markets for a public holiday.
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Source: FIN24
Rand feels pain as Italy crisis pounds euro
May 29, 2018--The rand slumped almost 2% on Tuesday, tracking a bruised euro, which extended losses as political uncertainty in Italy stoked fresh fears about the eurozone.
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Source: FIN24