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Nigeria: Investors Trade N1.9 Billion Shares Amidst Continuing Bear Run
February 18, 2016--The performance of the stock market was mixed on Wednesday as the volume of trading rose while the value of trading declined.
Also, the bears that returned after six days of absence consolidated their hold on the market. Consequently, the Nigerian Stock Exchange (NSE) All-Share Index fell by 1.9 per cent, while market capitalisation shed N157.8 billion to close at 24,056.12 and N8.27 trillion.
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Source: allAfrica.com
Budget jitters take their toll on JSE
February 18, 2016--The JSE has given up early gains, bucking the global trend as weak fundamentals weighed on sentiment amid uncertainty over next week's National Budget.
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Source: FIN24
Robust rand recovers 2016 losses ahead of budget
February 18, 2016--The rand has recovered the losses it incurred since the start of the year, after dramatically low oil prices and a rout in the Chinese markets rocked the local economy.
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Source: FIN24
JSE stabilises as shares consolidate
February 17, 2016--Share prices on the JSE have been consolidating after the previous day's volatility, with the Gold index the only major indicator to show a substantial drop.
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Source: FIN24
Rand retreats ahead of inflation data
February 17, 2016--The rand has retreated ahead of local and offshore data, including consumer inflation figures expected to shed light on Sarb's next interest rate move.
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Source: FIN24
New report urges Africa to address fragility through natural resources management
February 16, 2016--The African Development Bank Group (AfDB) and the Washington-based Environmental Law Institute (ELI) have produced a new report on natural resources management in fragile and conflict-affected countries.
This flagship report examines how African countries in fragile situations can work towards addressing the causes and drivers of fragility by better managing natural resources across sectors.
view the From Fragility to Resilience: Managing Natural Resources in Fragile Situations in Africa report
Source: African Development Bank Group
All-share index tops 50 000 in mid-morning trade
February 16, 2016--The All-share index has exceeded the 50 000-point mark for the first time in 2016 as the JSE followed a global market.
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Source: FIN24
Rand backtracks against firmer dollar, stocks flat
February 16, 2016--The rand has been weaker, giving up some of the gains triggered by the easing of global risk aversion driven by higher oil prices.
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Source: FIN24
JSE rallies but recovery may not last
February 15, 2016--The JSE has followed global markets higher as investors bought undervalued stock after the recent massive sell-off, but analysts warn the bounce may be short-lived.
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Source: FIN24
Nigeria: Survey-Nigerian Capital Market Lost N1.63 Trillion in January
February 5, 2016--The Nigerian stock market lost more than N1.63 trillion in January due to profit-taking and currency volatility,
statistics from the Nigerian Stock Exchange (NSE) showed on Thursday.
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Source: allAfrica.com
