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Nigeria: Panic Offloading of Equities Triggers Massive Slide Stock Market Capitalisation
November 6, 2014--Trading activities on the Nigerian Stock Exchange, NSE, for the third consecutive day maintained a downward trend on Thursday as market capitalisation lost over N261 billion amidst panic offloading of equities by equities shareholders.
The market capitalization, which opened at N12.170 trillion on Wednesday, lost N261 billion, or 2.14 per cent at the close oftrading on Thursday to close at N11.909 trillion.
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Source: allAfrica.com
JSE slips, gold miners in the doldrums
November 5, 2014--South African stocks have fallen for a second straight session,
led by gold mining companies, as the price of the metal fell.
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Source: FIN24
JSE falls as key commodity prices sink
November 4, 2014--South African stocks have dropped as commodity prices kept heading lower,
but domestic bullion companies got a lift from technical factors.
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Source: FIN24
Rand gets some relief before PMI numbers
November 4, 2014--The rand has edged up against the dollar,
arresting a recent slide against a strong dollar before the release of domestic business-activity figures.
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Source: FIN24
Resources stocks star on JSE
November 3, 2014--Despite all indicators being negative for the sector,
resources shares sparkled while financial and industrial shares slipped as expected.
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Source: SEC.gov
Rand on the retreat as China data weighs
November 3, 2014--The rand has kicked-off the week on the back foot as the currency slipped to its weakest level
in two weeks against a bullish dollar.
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Source: FIN24
Nigeria: Stock Market Investors Lost N1.17 Trillion in Oct
November 3, 2014--In what have come to be regarded as "black October" by some, the value of investments on the Nigerian Stock Exchange (NSE) fell by N1.17 trillion
or 8.60 per cent in the month of October.
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Source: allAfrica.com
Financials fuel JSE rebound
October 31, 2014--Investors on the JSE have not given up on a rebound in share
prices after the losses of the past few weeks.
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Source: FIN24
Rand tumbles in emerging market sell-off
October 31, 2014--The rand has dropped to its weakest level against the dollar in over a week as a sell-off of
emerging market currencies wiped out earlier gains.
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Source: FIN24
Dollar strength hits JSE resources
October 30, 2014--Share prices have consolidated as expected after the strong rebound of the last few days,
with resources stocks mostly pulling the major indices modestly lower.
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Source: FIN24
