Stock market analysts are projecting that banking stocks on the Ghana Stock Exchange (GSE) will perform better next year (2016) than they did this year (2015). All the banking stocks on the stock exchange with the exception of the Trust bank of Gambia recorded declines in their share prices this year as compared to 2014. […]
Tag: stock exchange
Nigeria: Stock Exchange Delays Implementation of SEC’s Rule On Nominal Value
Lagos — The Nigerian Stock Exchange (NSE), Friday, said the new rule on par value is not yet effective. The exchange, in a bulletin issued by Tinuade Awe, the head of legal and regulation division, titled: “The effective date of SEC approved rules”, said that a date when the approved rule of the exchange will […]
Nigeria: Shareholders Laud Suspension of BGL AML, Subsidiaries By SEC
Capital market shareholders have lauded the Securities and Exchange Commission (SEC) decision to suspend BGL Asset Management Limited (AML) and its subsidiaries from capital market activities, saying the development is a indications that the new regime would operate with zero tolerance to market infractions. SEC, at its meeting held on May 19, 2015 considered the […]
Price drop in Rwanda’s most active stocks BK, Bralirwa drags Shares index down
The Rwanda Stock Exchange (RSE) shed 1.49 points on its share index during the week, mainly due to the drop in Bank of Kigali (BK) and Bralirwa’s share prices, yesterday’s market report indicates. BK’s share price dropped from Rwf 296 last Monday to Rwf 295 yesterday while Bralirwa’s dropped from Rwf 374 a share last […]
Tanzania: Shilling Depreciation leads to 40% drop in volumes at Dar bourse
THE shilling depreciation has favoured foreign investors’ participation on Dar es Salaam Stock Exchange (DSE), who are buying more shares as their involvement has increased by 91.35 per cent in the first quarter. The shilling in this year’s first four months sunk to its lowest level in history since the local currency was introduced in […]
