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Nigeria: Bitcoin Surges Past $4,000 As Nigerians Trade N1.27bn
March 19, 2019--With the overall cryptocurrency market capitalisation growing by $5 billion, the price of Bitcoin broke the $4,000 benchmark at the weekend and was able to sustain it, as the volume held in naira rose to N1.269 billion.
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Source: allafrica.com
Gains across JSE miners lift local bourse
March 19, 2019--The JSE has inched higher mainly on the back of gains recorded amongst JSE listed miners.
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Source: FIN24
Markets WRAP: Rand closes at R14.41/$
March 18, 2019--TreasuryONE said earlier that the rand was holding on to its Friday gains but the continued load shedding might put a brake on any further strength.
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Source: FIN24
JSE rallies on the back of gains in Asian equities
March 18, 2019--The JSE started the week in the green as it took a leaf from the firmer closes recorded in major Asian markets trading.
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Source: FIN24
Africa's jumbo stock exchanges to link in 2019?
March 17, 2019--An ambitious project to link Africa's 7 biggest securities exchanges is moving to implementation with a call this month for a project manager for the coming year. The African Exchanges Linkage Project (AELP) aims to transform the number of trades on exchanges and investment flows across Africa by creating a platform so an investor in once country can buy or sell shares listed on an exchange in another country.
It's a leading initiative of the African Securities Exchanges Association (ASEA) and the African Development Bank, and will feature a central linked trading platform linked to the different exchange trading systems.
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Source: africancapitalmarketsnews.com
Markets WRAP: Rand closes at R14.41
March 15, 2019--The rand closed at R14.41 on Friday.
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Source: FIN24
Chinese economic stimulus measures lift global stocks
March 15, 2019--The JSE advances on the back of broad-based positive sentiment which saw most equity markets trading firmer.
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Source: FIN24
Local bourse closes softer after mixed trading session
March 14, 2019--Locally, market participants were still digesting the drop in the South African business confidence data which was released on Wednesday.
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Source: FIN24
Nigeria: Investors Lose N120 Billion As Equities Continue Free Fall
March 13, 2019--Trading on the floor of Nigerian Stock Exchange (NSE) extended losses to fifth consecutive trading session as market capitalisation shed N120.6bn to settle at N11.7tn.
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Source: allafrica.com
Markets WRAP: Rand closes at R14.41/$
March 13, 2019--The rand closed at R14.41/$, with all eyes still on the UK.
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Source: FIN24
