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Nigeria: Nigerian Equities Recorded Highest Returns On Investment in May
June 13, 2016--The Nigerian equities market fetched investors the highest returns in the month of May, 2016 globally despite the economic headwinds, THISDAY checks have revealed.
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Source: AllAfrica.com
Zimbabwe: 'The Rand Will Give Temporary Relief'
June 13, 2016--The use of the South African rand for transactional purposes can make the local industry competitive in the short term, but will not take the economy beyond the horizon, industrialists and economists have said.
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Source: AllAfrica.com
JSE tracks global markets lower
June 13, 2016--Global stocks have been sharply down as the world awaits key central bank decisions and the JSE was no exception, with all major indices lower at mid-morning.
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Source: FIN24
JSE loses ground as poor GDP data hits home
June 10, 2016--Share prices on the JSE have mostly been down, with financial and resources shares trading lower as weak economic numbers raised concerns about growth prospects.<
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Source: FIN24
Rand slips as growth concerns, US rates weigh
June 10, 2016--The rand has weakened as the dollar bounced back from recent weakness, adding pressure further pressure on the currency following a string of poor growth figures.
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Slource: FIN24
Nigeria: Flexible Exchange Rate May Spur Stock Market Investment
June 10, 2016--The much-anticipated flexible exchange regime to be introduced by the Central Bank of Nigeria (CBN) is expected to result in an increased allocation of investments by Pension Fund Administrators (PFAs) in the Nigerian Stock Exchange (NSE).
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Source: AllAfrica.com
JSE slips on GDP blow and global concerns
June 9, 2016--The JSE has traded lower in reaction to a 1.2% loss in first-quarter GDP, with all major indices down by mid-morning and commodities the biggest loser.
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Source: FIN24
Rand stumbles as recession risk rises
June 9, 2016--The rand has retreated as investor confidence was rattled by data showing the economy contracted sharply in the first quarter, raising the risk of recession.
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Source: FIN24
JSE a mixed bag on economic data
June 8, 2016--The JSE was at midday a mixed bag, with industrial and financial shares sharply down but resources and gold reacting solidly on good economic news for China and higher commodity prices.
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Source: FIN24
Rand halts rally, Fitch review keep market wary
June 8, 2016--The rand has pulled back from the previous session's four-week highs against the dollar and traders said GDP data expected to show a small contraction.
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Source: FIN24
