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JSE ends lower, naira hits MTN
November 26, 2014--South African stocks slipped on Wednesday, driven by losses in Africa's largest telecoms operator MTN
after the devaluation of the Nigerian currency.
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Source: FIN24
Africa: NSE CEO Elected President of African Securities Exchanges Association
November 26, 2014--The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar N. Onyema, has been elected President of African Securities Exchanges Association (ASEA).
This decision was reached at the Executive Committee meeting of ASEA after its 18th annual general meeting held in Diana, Kenya.
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Source: allAfrica.com
Nigeria bourse aims to offer derivatives by 2016
November 26, 2014--Bourse plans to change ownership structure
Exchange could decide to launch an IPO
Shares hurt by fall in oil prices, vote jitters
The Nigerian Stock Exchange plans to start allowing trading by 2016 of derivatives such as futures and options in interest rates, currencies and equity indexes, its chief executive said.
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Source: Reuters
Rand firmer as economy improves in Q3
November 25, 2014--The rand has strengthened against the dollar after the latest GDP data showed the
strongest quarterly growth since late last year.
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Source: FIN24
Economy set for 2.5% growth
November 25, 2014--In the absence of another turbulent year in the labour market, the economy looks good for growth of around 2.5% in 2015, shows the the latest RMB/BER business confidence index (BCI).
The BCI showed an increase of five points to 51 in the fourth quarter of 2014.
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Source: FIN24
Infographic: The good, the bad and the ugly of SA's GDP
November 25, 2014--South Africa's gross domestic product grew by 1.4% quarter-on-quarter, says FNB in its analysis of the economy.
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Source: FIN24
JSE slightly lower, led by mines
November 24, 2014--South African stocks have ended lower, weighed down by mining shares,
but strong gains by Naspers and Netcare kept the overall falls in check.
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Source: FIN24
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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interest rates unchanged but indicated they would have to rise eventually.
Source: FIN24
