Capital Mkts

JSE follows world markets higher

Tuesday, December 6th, 2011
Trader says investors are more inclined to react strongly to positive news. Johannesburg -- The JSE ended up on Monday after a positive day's trade with global markets adding some slight momentum towards the close. A local trader said: "We seem to be continuing this upwards momentum." He said that investors seemed to be taking well to talks in Europe. "Generally there are certainly attempts to resolve the crisis although a lot still needs to be done." "A lot of the bad news that Read more [...]

Delta Shares Lift ZSE Industrial Index

Friday, December 2nd, 2011
A block of 3,4 million Delta shares valued at US$2,4 million changed hands on the Zimbabwe Stock Exchange yesterday, lifting the industrial index 0,35 percent to close at 144,25 points. The special bargain deal was at a stable price of US72c. The deal executed by Imara Securities lifted the day's turnover to US$3,5 million on 8 501 316 shares. Delta, has been hovering between US70c and US75c for the greater half of the year. Noticeable gains were also recorded in Econet where 213 000 shares Read more [...]

JSE follows US markets lower

Thursday, November 24th, 2011
Johannesburg,  - South African markets were weaker across the board on Wednesday, with the rand weakening to a two-year worst level against the dollar as economic woes in the Eurozone worsened. EQUITIES The JSE (JSE:JSE) ended the day in the red, following US markets lower. A local trader said that the market was still in negative territory on the back of a bad run on their previous trading day. The Dow had also started lower just before the JSE's close. The trader said that trade had Read more [...]

Nation goes live on Dar es Salaam Stock Exchange

Tuesday, February 22nd, 2011
By Alex Mwapachu, Dar Es Salaam The Nation Media Group (NMG) on Tuesday cross-listed its shares at the Dar es Salaam Stock Exchange (DSE), bringing 157 million shares closer to Tanzanian investors in a development that strengthens the company’s regional foothold. The fete graced by Finance and Economic Affairs deputy minister, Mr Gregory Teu, completes the desire by the regional media giant to make its shares available in all the partner states of the East African Community. “It’s Read more [...]
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