Markets - CNBC Africa

Markets

Nigeria

Nigerian stocks hit 4-month high after MSCI re-weights index

02/06/2014 16:45:20

Nigerian stocks surged to a 4-month high on Monday after equity index provider MSCI increased the weight of Africa's biggest economy.

Nigeria's ASI up 1.1 per cent

23/05/2014 10:33:42

The All share Index swung to a positive close yesterday rallying 1.1 per cent to close at 39.553 points.

Nigeria stocks and bonds hammered as foreign investors sell off

13/02/2014 13:13:57

Nigerian stocks hit a 7-week low while the country's shortest tenor bond yield spiked 10 basis points on Thursday.

Nigeria sells 90 billion naira in 3 and 20 year bonds

13/02/2014 12:42:39

Nigeria’s Debt Management Office has issued 30 billion naira worth of three and 20 year bonds.

Kenya

Kenya shilling holds steady as NSE begins offer for IPO sale

24/07/2014 13:34:55

The Kenyan shilling traded steadily against the dollar closing at 87.80/90 to the dollar on Thursday.

Kenyan shares continue to slide

05/06/2014 16:12:39

The Nairobi Securities Exchange (NSE) 20-share index continues to shed points.

Kenya's Equity Bank set for mobile money market

27/05/2014 08:37:21

Kenya’s Equity Bank has unveiled its Mobile Virtual Network Operator (MVNO) strategy set to launch in July 2014.

Nairobi share index low

22/05/2014 16:12:39

The Nairobi Securities Exchange 20 Share Index has continued to drop as Kenya continues to feel the threat of terror attacks.

Currencies

S.Africa's rand touches new 8-mth low vs dollar

29/09/2014 12:22:14

South Africa's rand touched a fresh 8-month low against the dollar on Monday.

Why the S.African rand is undervalued

20/08/2014 16:49:34

The adjusted big mac index revealed that the South African rand is currently one of the most undervalued currencies.

S.Africa's rand flat vs dollar ahead of rates decision

17/07/2014 08:26:06

South Africa's rand was largely flat against the dollar on Thursday ahead of a central bank decision on interest rates later in the session.

S.Africa's rand firmer as global risk appetite rises

20/06/2014 09:38:14

South Africa's rand was still on a firm footing against the dollar on Friday after touching 10-day highs the previous session.

Commodities

Zimbabwe's Jan-July gold output down 26% yr-yr

04/08/2014 15:16:54

Zimbabwe's gold production fell 26 per cent to six tonnes during the January-July period, compared to the same period a year earlier.

Shareholders approve Rand Refinery’s loan facility

25/07/2014 14:34:58

Rand Refinery has announced that its shareholders have approved a 1.2 billion rand irrevocable, subordinated loan facility.

Uganda's unsold sugar affects industry growth

15/07/2014 09:55:38

About 50,000 metric tons of unsold sugar is being held by Ugandan sugar processors which is slowing the industry's expansion programmes.

Numsa’s Eskom members set to down tools

26/06/2014 16:34:54

Numsa members working for Eskom will join other union members when they down tools next Tuesday.

Stocks

Global equities continue to offer investors value

17/06/2014 16:56:03

Global equities are getting more expensive and definitely not the same value experienced in 2008 and 2009.

Zuma’s cabinet not a surprise for markets

26/05/2014 08:46:02

Markets opened Monday morning relatively flat in the industrials, down in the financials and banks and up in the resources.

Update on S.African markets

23/05/2014 09:18:52

The Johannesburg Stock Exchange AltX market welcomed a new company listing on Friday, Visual International.

S.African stocks rise as platinum producers up

21/05/2014 17:51:33

South African stocks inched higher on Wednesday.