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Markets WRAP: Rand closes at R14.02/$
April 15, 2019--Peregrine Treasury Solutions's Bianca Botes said earlier that the rand traded in a very tight range in the overnight session, following the lack of momentum on Friday.
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Source: FIN24
The Economics of Conflict in Sub-Saharan Africa
April 12, 2019--A third of countries in sub-Saharan Africa are currently involved in conflict or experiencing post-conflict tension, forcing an estimated 18 million people away from their homes and livelihoods.
The IMF's latest Regional Economic Outlook for sub-Saharan Africa provides an in-depth analysis of conflict trends and the socio-economic challenges faced by countries in the region. Economists, Siddharth Kothari and Mahvash Saeed Qureshi spearheaded the study.
view the IMF-Sub-Saharan Africa Regional Economic Outlook: Recovery Amid Elevated Uncertainty report
Source: IMF
Nigeria: NSE Moves 232.77 Million Shares in Positive Trading
April 12, 2019--The Nigerian Stock Exchange (NSE) on Friday moved 232.77 million shares valued N1.97 billion exchanged in 2,677 deals.
The News Agency of Nigeria (NAN) reports that this was in contrast with a turnover of 224.03 million worth N2.10 billion on Thursday.
An analysis of the activity chart indicates that Sovereign Trust Insurance was the most active, exchanging 47.05 million shares worth N11.29 million.
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Source: allafrica.com
Markets WRAP: Rand closes at R13.94/$
April 12, 2019--TreasuryONE said in a note to clients earlier that the rand traded weaker in opening trade after changing hands at R13.88 levels on Thursday.
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Source: FIN24
Markets WRAP: Rand closes at R13.96/$
April 11, 2019--The day's range was between R13.91 and R14.09.
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Source: FIN24
JSE closes weaker as IMF cuts SA's growth forecast
April 10, 2019-The JSE closed weaker on Tuesday as it tracked other global markets lower following the International Monetary Fund's downward revision of its global growth forecast.
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Source: FIN14
Markets WRAP: Rand closes at R13.96/$
April 10, 2019--The day's range was between R13.91 and R14.09.
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Source: FIN24
Markets Wrap: Rand closes at R14.13/$
April 9, 2019--The UK currency is up Monday and a gauge of expected short-term sterling volatility is near a two-week low, showing there's little panic even as the April 12 exit date draws closer.
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Source: FIN24
Nigeria: Stock Market Sheds N547 Billion As Investors' Appetite Remains Weak
April 8, 2019--The Nigerian equities market sustained its downward trend, recording the largest single week decline since September 2018. Despite an increase in value and volume trading, the Nigerian Stock Exchange (NSE) depreciated by 4.6 per cent to close at 29,616.38, while market capitalisation shed N547 billion to close N11.124 trillion.
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Source: allafrica.com
Markets Wrap: Rand closes at R14.13/$
April 8, 2019--The UK currency is up Monday and a gauge of expected short-term sterling volatility is near a two-week low, showing there's little panic even as the April 12 exit date draws close
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Source: FIN24
