Africa Newspapers

AllAfrica News: Stock Markets

• Nigeria: NSE Market Capitalisation Losses N252 Billion to Profit Taking
  [Leadership]The Nigerian Stock Exchange market capitalisation on Thursday depreciated by N252 billion due to profit taking embarked by investors after a two-day consecutive growth.
  
  
• Nigeria: Shareholder Groups Boycott SEC Meeting Over E-Dividend Payment
  [Vanguard]Some shareholder groups said that they boycotted a meeting called by the Securities and Exchange Commission, SEC, to resolve issues on the e-dividend payment because they were not involved in the proposals.
  
  
• Zimbabwe: Good Times Roll for Bullish ZSE
  [The Herald]Since last week a cold spell has been sweeping across the nation announcing the arrival of winter. Most people are stocking up on winter wear in a bid to keep warm and avoid catching a cold.
  
  
• Tanzania: Firms Eye Listing At DSE Alternative Market
  [Daily News]THREE companies have shown interest to list on the Dar es Salaam Stock Exchange's (DSE) second market segment, which has lesser stringent listing requirements.
  
  
• East Africa: EAC Eyes Capital Markets for Development Funds
  [EA Business]Kampala -East African Community (EAC) partner states have been discussing the possibilities of raising more money from international capital markets and reduce donor dependency.
  
  
• Uganda: Increase in Share Prices Boosting USE Trading
  [EA Business]Kampala -Increase in the share price of certain counters at the Uganda Securities Exchange (USE) have boosted trading levels at the bourse.
  
  
• Nigeria: Nigeria Stock Exchange All-Share Index Hits 37,000 Mark
  [Premium Times]The All-Share Index of the Nigerian Stock Exchange, NSE, on Tuesday crossed the 37,000 mark as a result of improvement in the price of some blue chips.
  
  
• Zimbabwe: ZSE Share Volume Up
  [The Herald]THE volume of shares traded on the Zimbabwe Stock Exchange rose 351 percent to 20 502 261 while value also vaulted 300 percent to US$2,345 million on significant gains in only four stocks.
  
  
• Nigeria: NSE and Stakeholders' Unending Wait for Securities Lending
  [This Day]The plan by the Nigerian Stock Exchange (NSE) to introduce securities lending to the nation's capital market was hailed by stakeholders in the capital market. But the Exchange appears to have abandoned the initiative following market recovery, writes Eromosele Abiodun
  
  
• Nigeria: NSE All-Share Index Hits 37,000 Mark
  [Leadership]The All-Share Index of the Nigerian Stock Exchange (NSE) on Tuesday crossed the 37,000 market as a result of improvement in the price of some blue chips.
  
  
• Kenya: CMA Plans a Futures and Options Market Segment At NSE
  [The Star]The Capital Markets Authority will invite and start receiving applications for futures exchanges from August if the regulations are gazetted by then.
  
  
• Tanzania: Moremi Takes Office Amid Brokers' Optimisms
  [Daily News]A CROSS-SECTION of stockbrokers has expressed optimism over the newly appointed Dar es Salaam Stock Exchange (DSE) Chief Executive Officer, saying the tiny bourse is on the right hands.
  
  
• Nigeria: Profit-Taking Halts Four-Day Market Rally
  [This Day]The bull run at the stock market was halted Monday leading to a decline of 0.24 per cent in the Nigerian Stock Exchange (NSE) All-Share Index (ASI). The market was highly bullish last week, recording four days of uninterrupted rally that resulted in a gain of 2.49 per cent for the week and lifted the market to a five-year high.
  
  
• Nigeria: NSE Moves Against Unethical Practices Among Members
  [Daily Trust]Lagos -The Nigerian Stock Exchange (NSE) is considering huge sanctions for any dealing members involved in unethical practices in the nation's capital market.
  
  
• Nigeria: ... Accepts MSCI as Market Data Vendor
  [Daily Trust]The Nigerian Stock Exchange (NSE) has welcomed MSCI on board as a market data vendor of the NSE's market data. The NSE provides real-time and delayed market data feeds directly to financial information providers via its market data feed service.