Nigeria:'Exchanges Must Influence Government Policies to Attract Investment'
September 12, 2014--First Vice President of the Nigerian Stock Exchange (NSE), Mr. Aigboje Aig-Imoukhuede has stated that African exchanges must lead the 'march for change', in Africa by influencing their governments to implement enabling policies that will encourage the flow of capital and investment to the continent.
He made this known at the third Building African Financial Markets (BAFM) capacity building seminar at the Johannesburg Stock Exchange (JSE) in Sandton, South Africa.
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Source: allAfrica.com
JSE lower, but Steinhoff shines
September 11, 2014--Stocks have inched lower as a solid performance by Steinhoff was offset by a sharp fall in
Vodacom after Credit Suisse cut its rating on the mobile operator.
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Source: FIN24
Rand softens as investors brace for data
September 11, 2014--The rand has weakened towards a seven-month low ahead of mining and manufacturing
numbers expected to show these key sectors are not growing.
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Source: FIN24
JSE inches higher, but FirstRand slumps
September 10, 2014--Stocks have ended slightly higher as the weaker rand prompted investors to pile into miners
and other companies with extensive overseas operations.
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Source: FIN24
JSE quiet as market awaits Reserve Bank data
September 8, 2014--Most JSE indices hardly moved as the market waits for fresh economic indications,
with a widening of the current account deficit a particular worry.
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Source: FIN24
Rand takes a knock
September 8, 2014--The rand has extended losses to a one-month low as analysts bet that key indicators will
show the economy is being hammered.
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Source: FIN24
JSE falls as iron ore producers take a beating
September 5, 2014--Stocks have slipped 0.6%, with shares of ore producers hammered as prices of the steel-making
ingredient hit a five-year low.
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Source: FIN24
JSE rises as Capitec sparkles
September 4, 2014--South African stocks have extended their winning run to a fourth straight session
, with Capitec leading the gainers after the lender flagged higher profits.
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Source: FIN24
JSE extends winning streak, Discovery shines
September 3, 2014--Johannesburg stocks have followed major overseas markets higher,
helping the main indices gain for a third straight day.
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Source: FIN24
Rand bounces back from 3-week low
September 3, 2014--The rand has recovered from a three-week low against the dollar,
pinning its hopes on international market events for further support.
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Source: FIN24