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Rand weaker ahead of GDP data
November 24, 2014--The rand has inched lower against the dollar as investors held-off bets and took in profits ahead
of domestic and overseas GDP data.
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Source: FIN24
JSE soars, miners lead the climb
November 21, 2014--South African stocks edged higehr by more than 3% led by mining companies and tracking global
markets after China cut interest rates to spur growth.
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JSE hit by global sell-off, ascendant rand view more
Rand investors cautious ahead of rates move view more
Nigerian Stock Exchange signs links to London SE Group view more
Iron ore producers drag JSE lower view more
Africa to get new trade bloc in December view more
Nigeria: NSE Index Drops 2.16 Per Cent view more
JSE edges lower, PPC fails to impress view more
interest rates unchanged but indicated they would have to rise eventually.
Source: FIN24
November 20, 2014--South African stocks have logged their biggest one-day
decline in a month, owing to weak overseas economic data and a firmer rand.
Source: FIN24
November 20, 2014--The rand and government bonds have traded within recent ranges with investors treading carefully before the announcement of a
decision on interest rates.
Source: FIN24
November 20, 2014--The Nigerian Stock Exchange (NSE) this week (18 Nov) signed a capital markets agreement with the London Stock Exchange Group (LSEG) to support African companies seeking dual listings in London and Lagos.
It follows implementation earlier in 2014 of a new settlement process between the UK and Nigeria which significantly boosts the efficiency of listing and trading of ordinary shares of Nigerian companies listed in London and those of UK companies on the Nigerian market.
Source: African Capital Markets News
November 19, 2014-South African stocks have dipped, weighed down by iron ore companies after the price of the steel-making ingredient
fell to a fresh five-year low.
Source: FIN24
November 19, 2014--Three African economic blocs will merge into a new 27-nation free-trade zone under an agreement to be signed in Cairo next month, uniting markets worth 58% of the continent's economic activity, Egypt's industry and trade minister said.
The deal will combine the Common Market for Eastern and Southern Africa (COMESA), the South African Development Community (SADC), and the East African Community (EAC).
Source: FIN24
November 19, 2014--The business slide which was experienced on the floor of The Nigerian Stock Exchange (NSE) on Tuesday continued on Wednesday when both indicators closed in the red by 2.16 percent each.
Market Capitalisation closed lower at N11.313 trillion after it depreciated by N250. 758 billion as against N11.564 trillion recorded on Tuesday, while the All Share Index went down by 756.80 basis points to close at 34,145.79 points from 34,903.59 points recorded on Tuesday.
Source: allAfrica.com
November 18, 2014--South African stocks have fallen as cement maker PPC slid the most in more than a year after it
reported flat full-year profit and cut its dividend.
Source: FIN24
