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Nigeria: Stock Market Investors Lose N1.032 Trillion in Two Months
July 22, 2015--Nearly two months after President Muhammadu Buhari took over the administration of Nigeria, investors in the nation's stock market have lost over N1.032 trillion.
Stakeholders have attributed the development to slow pace of governance, lack of policy direction, high political risk, feud in the federal legislature, no ministerial appointment, amongst others.
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Source:allAficanews.com
Kenya: Obama Visit to Push Activity At NSE-Analysts
July 22, 2015--ANALYSTS expect the securities market to gain momentum after the 2015 Global Entrepreneurship Summit to be co-hosted by President
Uhuru Kenyatta and United States President Barrack Obama on Saturday.
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Source: AllAfricanews.com
Profit-taking continues on JSE
July 22, 2015--Profit-taking on the JSE has continued, but analysts say the
technical picture for shares currently look much better than two or three weeks ago.
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Source: FIN24
Rand weakens after inflation data
July 22, 2015--The rand has weakened against the dollar ahead of the upcoming interest rate decision and
after a lower-than-expected inflation number.
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Source: FIN24
JSE treads water as investors digest gains
July 21, 2015--Share prices on the JSE have hardly moved as investors digest the substantial advances of the last
six to eight trading days.
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Source: FIN24
Rand firms as commodity prices recover
July 21, 2015--The rand has strengthened against the dollar,
supported by a recovery in commodity prices and as the greenback paused its rally against a basket of currencies.
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Source: FIN24
JSE down as gold, platinum sectors bleed
July 20, 2015--Gold and platinum counters took a beating as the price of the precious metals dropped sharply to
their lowest levels in more than five years.
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Source: FIN24
Rand, bonds weaken on US rate hike expectations
July 20, 2015--The rand has weakened in cautious trade against a surging US dollar ahead of local consumer
inflation data and interest rate decision this week.
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Source: FIN24
Rand softer ahead of retail data
July 17, 2015--The rand has snapped a four-day winning streak against the dollar and traders said a weaker than
expected retail sales report could drag the currency lower.
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Source: FIN24
JSE moves sideways
July 17, 2015--The JSE has moved mostly sideways as investors contemplated profit taking after the market's strong
run over the past seven trading days.
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Source: FIN24
