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Nigeria: Adeosun-Nigerian Economy Not Structured to Meet Demographic Needs
September 15, 2017--The Minister of Finance, Kemi Adeosun, has said the Nigerian economy is not structured to meet demographic needs of the various sectors of the economy, insisting that the oil model-based economy on which the economy was structured, has failed the country, because it never worked.
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Source: AllAfrica.com
Runaway gains continue as Zimbabwe Stock Exchange soars
September 15, 2017--Zimbabwe Stock exchange continues to soar, with gains of 9.3% on 14 September in its industrials index which closed at 379.95, up by 163% this year.
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Source: africancapitalmarketsnews.com
JSE down amid rating risk and negative sentiment
September 14, 2017--Financial markets continued to be under pressure and all the major indices on the JSE have slipped, with resources the biggest losers.
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Source: FIN24
Rand spikes above R13.20/$ on US CPI
September 14, 2017--The rand spiked through the R13.20 resistance level to a high of R13.27 to the dollar after US CPI came in better than expected.
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Source: FIN24
JSE closes weaker as retail sales disappoint
September 13, 2017--The JSE closed weaker as local retail sales data came in worse than expected, putting pressure on major retailers like Woolworths and Truworths.
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Source: FIN24
Weaker rand buoys JSE as Naspers breaks above R3 000
September 12, 2017--The JSE has closed firmer as the bourse continued to be buoyed mainly by rand hedge stocks and as Naspers managed to yet again break above R3 000 a share.
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Source: FIN24
Naspers, rand hedges give JSE firm start to the week
September 11, 2017--Earlier momentum from Tencent on the Hang Seng has helped propel media giant Naspers to gain 3.10% and close as the top mover in the JSE Top-40.
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Source: FIN24
JSE ends week in the red as resources weigh
September 8, 2017--The JSE has ended the week on a low note as resources shares pulled the market into the red.
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Source: FIN24
JSE slides as banking stocks take a beating
September 7, 2017--The All Share index has dropped 1.18% and the blue-chip Top 40 moved 1.25% down with all major sectors in the red. The financial index took most of the brunt.
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Source: FIN24
Vodacom leads drop as JSE tracks global markets lower
September 6, 2017--Vodacom and some of the high-flying financial shares have led a drop on the JSE, as the local market followed its global counterparts lower for a third day in a row.
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Source: FIN24
