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Nigeria: Trading Disrupted At NSE, Investors Lose N34 Billion
April 19, 2016--The Nigerian Stock Exchange, NSE, yesterday, experienced disruption in trading which resulted in extension of transactions by another two hours, ending at 4:30p.m.
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Source:AllAfricanews.com
China slow growth dampens JSE
April 15, 2016--The news that China's economy has grown in the first quarter at the slowest pace since 2009 has put a damper on the JSE.
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Source: FIN24
Rand retreats but on track for weekly gain
April 15, 2016--The rand has retreated slightly against the dollar but was still on track for a weekly rise, while stocks followed emerging markets higher.
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Soure: FIN24
Rand resilient as JSE moves mostly sideways
April 14, 2016--The rand also softened somewhat against the stronger dollar but is still remarkably resilient, while a new wave of optimism on global markets had little influence on the JSE.
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Source: FIN24
Nigeria:Onyema-Nigeria Remains Investors' Best Choice in Africa
April 13, 2016--The Chief Executive of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has stated that despite the rigidity in the foreign exchange market, Nigeria remains top of investors' choice on the African continent.
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Source: allafrica.com
Nigeria: Yuan to be Included in Foreign Reserves
April 13, 2016--Africa's biggest economy Nigeria agreed Tuesday to include China's yuan currency in its foreign reserves as Beijing seeks closer ties and greater political and economic heft on the resource-rich continent.
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Source: AllAfricanews.com
Rand slips, Chinese data limits losses
April 13, 2016--The rand has weakened against the dollar as support from an emerging market rally ran out of steam, although positive Chinese trade data limited losses.
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Source: FIN24
Rand advances as confidence returns
April 11, 2016--The rand has reached a four-month high against the dollar, as a successful Eurobond sale and a corporate takeover offer boosted confidence.
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Source: FIN24
JSE treads water as rand gathers strength
April 11, 2016--Last week's rally on the JSE continued in early morning trade, but gains were modest and stocks have been losing momentum as the rand upheld its strong recovery.
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Source: FIN24
Nigerian stocks down after MSCI says could remove Nigeria from frontier index
April 11, 2016--Nigerian stocks fell on Monday after index provider MSCI said it could remove Nigeria from its frontier markets index following the central bank's introduction of currency controls last year.
MSCI said late on Thursday that it was seeking feedback from investors on the ease of access to the Nigerian stock market and would announce its decision on or before April 29.
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Source: Reuters
