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South Africa sees receptive market for $3bn bond sale
March 13, 2018--South Africa plans to tap international markets for as much as $3bn as the country seeks to take advantage of relatively low rates and strong demand from yield-hungry investors.
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Source: FIN24
Local equities softer after flat trading session
March 13, 2018--The JSE closed weaker on Tuesday following a rather lukewarm trading session where the bourse traded mostly flat.
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Source: FIN24
Nigeria:Investors Stake N39 Billion in Equities in Five Trading Days
March 12, 2018--Heavy transactions in the shares of some companies, especially Access Bank, and Capital Oil last week, lifted the volume of shares traded, as a turnover of 3.079 billion shares worth N39.990billion were recorded in 23,086 deals by investors on the floor of the Exchange.
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Source: AllAfrica.com
Nigeria:Operators Bullish On Equities Outlook As Investors Gain N105Bn
March 12, 2018--Stockbrokers in the nation's capital market and other investment analysts have said that the market will sustain its positive momentum this week riding on the back of more earning reports expected to be released by listed firms.
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Source: AllAfrica.com
JSE firms on positive global sentiment
March 12, 2018--The JSE started the week on a positive note as it was buoyed by the current positive sentiment in global equity markets.
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Source: FIN24
JSE struggles to find direction
March 9, 2018--The JSE eventually closed firmer on Friday in a session where the local bourse struggled to find direction.
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Source: FIN24
Local equities give up gains to end the day flat
March 8, 2018--The JSE closed flat on Thursday in a session which saw it reverse most of its earlier gains.
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Source: FIN24
Local equities give up gains to end the day flat
March 8, 2018--The JSE closed flat on Thursday in a session which saw it reverse most of its earlier gains.
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Source: FIN24
Nigeria Exits Recession and Looks Beyond Oil
March 7, 2018--Nigeria's economy is picking up according to the IMF's latest economic review. Growth hit 0.8 percent in 2017 after contracting by 1.6 percent in 2016.
The report attributes the increase-in part-to the recent recovery in oil prices. But as the country emerges from recession, the IMF's Amine Mati says following through on planned reforms regardless of oil price swings and upcoming elections, is key to lifting Nigeria's growth rates to where they should be. Mati heads the IMF team for Nigeria and oversaw this latest economic assessment.
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Source: IMF
JSE soars as GDP beats estimates
March 6, 2018--The JSE jumped on Tuesday after South African GDP data released by Stats SA came in higher than market estimates.
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Source: FIN24
