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Nigeria: Investment Drive Threatened As Confidence Index Drops-LCCI
August 4, 2014--Lagos Chamber of Commerce and Industry, LCCI, yesterday, painted a gloomy picture of Nigeria's investment drive, saying business leaders are reluctant about expanding their investment over the next few months.
In a statement, the LCCI said business leaders are largely pessimistic about the state of the economy following the drop of the aggregate Business Confidence Index, BCI from 19.4 per cent it posted in the second quarter 2014 to 14.3 per cent.
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Source: allAfrica.com
JSE rebounds on bargains
August 4, 2014--South African stocks have ended higher
although traders say the main indices may have limited upside momentum.
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Source: FIN24
Rand returns to weaker trend
August 4, 2014--The rand has stumbled against the dollar, resuming a weakening trend after posting rare gains, as markets looked ahead to the
release of economic indicators.
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Source: FIN24
Rand returns to weaker trend
August 4, 2014--The rand has stumbled against the dollar, resuming a weakening trend after posting rare gains, as markets looked ahead to the
release of economic indicators.
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Source: FIN24
Uncertainty returns to the JSE
August 1, 2014--Uncertainty has returned to the JSE on fears that the scenario of low interest rates might
soon be a thing of the past.
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Source: FIN24
Rand weakens for fifth straight day vs dollar
August 1, 2014--The rand has weakened against the dollar for a fifth consecutive day,
as the currency struggled to shake off fundamental economic weakness.
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Source: FIN24
Rand on the back foot ahead of trade data
July 31, 2014--The rand has traded softer against the dollar and could weaken further if the latest trade data
shows a wider-than-expected deficit for June.
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Source: FIN24
JSE falls into familiar groove
July 30, 2014--The JSE has repeated its pattern of the past few weeks,
falling victim to profit-taking after the previous day's strong run.
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Source: FIN24
Rand weakens against resurgent dollar
July 30, 2014--The rand has notched its third straight daily loss against the dollar,
hitting a week-long low as investors gravitated towards the greenback.
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Source: FIN24
Strong run in resources propels JSE
July 29, 2014--The All-share index on the JSE has traded solidly above the 52 000-point level, as the big market
capitalisation shares pushed all the major indices higher.
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Source: FIN24
