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Sanity returns to JSE as oil recovers
December 2, 2014--The oil price recovered
sharply after hitting a five-year low, which gave other resources on the JSE a boost and lifted the Resources index.
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Source: FIN24
Oil price dive causes JSE volatility
December 1, 2014--Commodity stocks dropped alarmingly before rallying again as the tumbling oil price
continues to cause ripple effects throughout the global economy.
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Source: FIN24
Rand extends losses on deficit shocker
December 1, 2014--The rand has extended losses against the dollar,
tumbling towards fresh three-week lows after weaker exports underscored the growing fragility of the economy.
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Source: FIN24
South Africa: "Collaboration of Nigerian, Johannesburg Exchanges Would Create Opportunities for Investment, Economic Growth"
December 1, 2014--Recently, top directors of the Johannesburg Stock Exchange (JSE), South Africa were in Lagos to firm up a working partnership with the Nigerian Stock Exchange (NSE).
Afterwards, JSE's Director, Capital Markets, Donna M. Oosthuyse told OLAWUNMI OJO that the partnership would, among other things, help develop products South African and Nigerian investors could benefit from, opportunities for cross-listings on both Exchanges, chart a course for new African currencies and further engender growth of other African countries' economies.
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Source: allAfrica.com
JSE slides as Sasol hit by oil price
November 28, 2014--South African stocks have edged lower,
with Sasol tumbling after oil hit a four-year low.
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Source: FIN24
Nigeria: Equities Market Gains N274 Billion in Three Days
November 28, 2014--Investors in Nigerian equities market continue to smile as the market rose further to record its third consecutive close yesterday after the Monetary Policy Committee (MPC)of the Central Bank of
Nigeria (CBN) announced decisions expected to have negative impact on the market.
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Source: allAfrica.com
Collaboration of Nigerian, Johannesburg Exchanges Would Create Opportunities For Investment, Economic Growth
November 28, 2014--Recently, top directors of the Johannesburg Stock Exchange (JSE), South Africa were in Lagos to firm up a working partnership with the Nigerian Stock Exchange (NSE).
Afterwards, JSE's Director, Capital Markets, Donna M. Oosthuyse told OLAWUNMI OJO that the partnership would, among other things, help develop products South African and Nigerian investors could benefit from, opportunities for cross-listings on both Exchanges, chart a course for new African currencies and further engender growth of other African countries' economies.
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Firmer rand eyes producer inflation data view more
JSE ends lower, naira hits MTN view more
Africa: NSE CEO Elected President of African Securities Exchanges Association view more
Source: African Capital Markets
November 27, 2014--The rand has firmed, holding on to gains it made in the previous session when the dollar dipped
on data that showed the pace of US economic growth was slowing.
Source: FIN24
November 26, 2014--South African stocks slipped on Wednesday, driven by losses in Africa's largest telecoms operator MTN
after the devaluation of the Nigerian currency.
Source: FIN24
November 26, 2014--The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar N. Onyema, has been elected President of African Securities Exchanges Association (ASEA).
This decision was reached at the Executive Committee meeting of ASEA after its 18th annual general meeting held in Diana, Kenya.
Source: allAfrica.com