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Nigeria: Stock Market Investors Lose N1.2 Trillion in Four Months
May 16, 2016--The lackluster performance that pervaded the Nigerian Stock Exchange, NSE, in the last two years has continued in 2016 as investors in the market have lost as much as N1.2 trillion in the first four months of the year (January-April).
This automatically leaves the NSE as the worst performing stock exchange among its peers in other African countries.
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Source:: allafrica.com
JSE set to end week lower as economic prospects falter
May 13, 2016--Share prices on the JSE have been lower for a third consecutive day, with financial shares hardest hit by the sober economic picture.
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Source: FIN24
Rand slips as dollar holds on to gains
May 13, 2016--The rand has weakened after the dollar held to gains against major currencies as traders awaited economic data from the United States.
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Source: Fin24
OPEC says oil glut 'may ease' by 2017
May 13, 2016--OPEC says a global crude glut that has squeezed the market and sent prices plunging over the past year "may be easing" as a result of countries outside the cartel.
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Source: FIN24
US disappointment spills over to JSE
May 12, 2016--The JSE, along with other world markets, has been reeling from the aftermath of very disappointing company results from some of the biggest consumer companies in the US.
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Source: FIN24
Commodities in spotlight on lacklustre JSE
May 11, 2016--Commodity shares have been back in the spotlight on the JSE, but all indices moved mostly sideways for most of the morning after some initial gains.
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Source: FIN24
JSE remains vulnerable to further declines, warns OAM
May 11, 2016--The JSE All Share index remains vulnerable to further declines as it appears to be dramatically over-priced, warns Overberg Asset Management
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Source: FIN24
South Africa: Some Reports On Moody's Decision Incorrect
May 10, 2016--The National Treasury has moved to clarify Moody's Investors Service's decision on South Africa's ratings, particularly on the country's outlook.
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Source: allafrica.com
Dual-listed shares shine on the JSE
May 10, 2016--Investors on the JSE have been seeking safety in the big dual-listed shares, all of which were trading higher by mid-morning.
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Source: FIN24
Rand up but fragile as weak jobs numbers weigh
May 10, 2016--The rand has steadied but remained near one-month lows as gloomy economic prospects continued to weigh after the unemployment rate rose to a record high.
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Source: FIN24
