It is no longer news that the performance of the Nigerian Stock Exchange – the world’s best-performing stock market for 2020 – was disappointing in the first quarter of 2021. Despite a positive annual reporting […]
The Nairobi Securities Exchange (NSE) has disclosed that it has acquired a 4 per cent stake in the Dar es Salaam Stock Exchange citing strategic reasons. “Back in 2017, we took a position in the […]
The Nairobi Securities Exchange (NSE) has stepped up its push for the sale of additional government stake in Safaricom and cash-rich parastatals like Kenya Ports Authority (KPA) to cut the State appetite for expensive loans […]
The Capital Markets Authority (CMA) has extended a share trading freeze on national carrier Kenya Airways for another nine months as the airline prepares for the State takeover bid. KQ shares were initially suspended from […]
Kampala, Uganda | ISAAC KHISA | 2020 was a tough year in almost all fronts: public health, production, new orders, employment, and demand, among others. The once growing economy contracted and interest rates took a […]
Dar es Salaam Stock Exchange (DSE) equities market turnover has bounced back with impressive performances this week thanks to massive movement from three pre-arranged block trading. The market turnover leaped ten times to 11.66bn/- for […]
Nestlé Nigeria Plc lost a total of N103 billion in market capitalization in the first quarter of 2021, following the decline in the shares of the leading fast-moving consumer goods company. The decline in the […]
The Egyptian Exchange (EGX) announced that trading on Taaleem Management Services’ (TALM) shares will start on April 7th, according to company disclosure. Trading during this session will not be subject to the circuit-breaker mechanism, which pauses trading if a given stock […]
Overall sentiment on African equity markets was mixed. Among the markets we cover, 9 of them advanced during this short week while 8 retreated. Zimbabwe led the pack as equities in Harare gained 4.75%. Conversely, […]
Taaleem Management Services (TALM) said that its public offering was covered 29.38 times on April 1st, according to Al-Mal. The company offered 17.89 million shares, however, the purchasing orders reached 525.6 million, according to the […]
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