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East Africa Agrees to Fast-Track Unification of Stock Exchanges
January 27, 2016--East Africa has agreed to fast-track the unification of the four bourses via an online portal allowing cross-trading in securities.
In a joint statement the East African Securities Association through the chairman Mr Pierre Celestone Rwabumbuka urged member bourses to fast-track integration of the Kenya, Uganda, Tanzania and Rwanda bourses to create sustainable markets that support growth of individual economies.
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Source: AllAfrica.com
JSE recovery loses steam
January 27, 2016--The JSE has lost some of the momentum gained in early trade, mainly due to the resources sector which shed more than 1% gained during the course of the morning
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Source: FIN24
Rand firmer, but will struggle to sustain gains
January 27, 2016--The rand has been a tad firmer against the dollar, in a market anticipating an interest rate hike as the Reserve Bank fights inflation pressures.
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Source: FIN24
Rand weakens as global market sell-off resumes
January 26, 2016--The rand has softened in early trade as an oil price plunge swang global markets away from riskier assets.
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Source: FIN24
Nigeria: Nigerian Stock Market Indices Up By 0.59 Per Cent
January 23, 2016--The market indices of the Nigerian Stock Exchange (NSE) on Friday, appreciated further by 0.59 per cent following price appreciation.
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Source: AllAfrica.com
JSE bounces back from lows
January 22, 2016--Global markets have recovered steeply, indicating they may be nearing the end of the current panic, while the JSE has also moved decisively from the previous day's low.
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Source: FIN24
Rand to track global trends as market awaits rate call
January 22, 2016--The rand has mostly been flat against the dollar in early trade and is expected to follow global trends as investors await next week's interest rate announcement.
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Source: FIN24
JSE hovers near bear market on global market drop
January 21, 2016--Oil prices gave up the gains of a short rally to reach new 13-year lows, sending stock markets worldwide in a tailspin and putting new pressure on the JSE.
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Source: FIN24
Rand weakens after inflation jumps
January 21, 2016--The rand has dropped, pressured by a rise in inflation figures released before the Reserve Bank is due to decide on interest rates in its first 2016 policy meeting.
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Source: FIN24
Oil price slide puts paid to JSE rally
January 20, 2016--Markets worldwide have fallen sharply after oil dropped to below $28 per barrel, with major indices on the JSE more than 2% down at midday.
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Source: FIN24