Tag: banking index

South African banking index falls over 4% after SARB advises against dividends

South Africa’s banking index opened 4.3% lower on Tuesday, a day after the country’s central bank said it had advised lenders not to pay dividends or bonuses amid the coronavirus outbreak.

NSE ends week on bearish note

Trading activities at Nigeria’s equities market wraps this week on a bearish note led by losses in the banking index. For a review of this week’s trading session on the local bourse, Andrew Tsaku, Trader at Kapital Care Trust joins CNBC Africa for more.
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