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Nigeria :Stock Market Hits 9-Year High As Investors Gain N1.7tr in 8 Days
January 12, 2018--The Nigeria Stock Exchange, NSE yesterday continued its record breaking performance with total market capitalisation rising by N437 billion, thus extending investors gain to N1.7 trillion in the first eight trading days of the year.
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Source: AllAfrica.com
All sectors of the JSE close the week higher
January 12, 2018--Resources continued to be the JSE's stand-out sector, finishing the day up 1.99%, while embattled retailer Steinhoff lost another 7.85%.
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Source: FIN24
JSE reviewing day of volatile trading
January 11, 2018--The JSE is aware of the recent volatility in the share prices of certain companies and has noted various media reports in this regard, it tells Fin24.
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Source: FIN24
Rand briefly hits R12.55/$ on rumours Zuma staying put
January 10, 2018--Market analysts have warned that the local currency is particularly sensitive to political rumours, as traders try to anticipate the political manoevres of the ANC.
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Source: FIN24
Another good day for the local market
January 9, 2018--Tuesday has been another good day for the local market with the All-Share index closing up 0.13%, the blue-chip Top40 up 0.12%, industrials up by 0.02% and financials up by 0.33%.
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Source: FIN24
Rand falls as reality of Ramaphosa's task sets in
January 9, 2018--The rand has taken takes a knock as euphoria over Ramaphosa's win dies down, after clocking up its longest weekly winning run since 2010.
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Source: FIN24
All sectors of the JSE in the green at start of new week
January 8, 2018--Resource stocks lead the way to firm by 1.55%, with BHP Billiton and Anglo American up 2.82% and 2.06% respectivel
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Source: FIN24
Rand stable ahead of ANC birthday celebrations
January 8, 2018--Analysts predict the rand will continue to trade in a band between R12.25 and R12.50 to the dollar, ahead of the ANC's birthday celebrations on Saturday.
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Source: FIN24
Nigeria: Nigeria Stock Exchange Rated Africa's Best in 2017
January 6, 2018--Nigeria's Lagos Stock Exchange (NSE) outshone the South African and Kenyan bourses over the past year in a development analysts attributed to political tensions in the latter two countries.
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Source: AllAfrica.com
