29 C
Lagos, South Africa and New York
Saturday, June 6, 2020

African capital markets indicate recovery in 2017 with overall increase in value and volume of equity capital market transactions

ECM activity in 2017 was the second highest since 2013 in terms of volume with 121 issuances, up 25% over the prior year, and the highest since 2013 in terms of value JOHANNESBURG, South Africa, March 6, 2018/ -- Overall, African equity capital market...

South Africa’s rand firms, stocks set to open lower

JOHANNESBURG (Reuters) - South Africa's rand firmed in early trade on Tuesday after three straight session of losses, supported by an easing dollar, with market focus on the ongoing policy conference of the ruling African National Congress (ANC). At 0645 GMT, the rand traded at...

African Markets – Factors to watch on June 29

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - - - - - EVENTS: Mauritius releaseS revised 2017 GDP growth forecast and Q1 growth rate GLOBAL MARKETS ...

African Markets – Factors to watch on May 9

EVENTS: SENEGAL - The International Monetary Fund launches its latest report on the outlook for African economies. GLOBAL MARKETS Asian stock markets were mixed on Tuesday following a flat close on Wall Street, as investors searched for the next catalyst following France's presidential...

African Markets – Factors to watch on March 28

GLOBAL MARKETS Asian stocks advanced on Tuesday after Wall Street steadied and the dollar bounced from a four-month-low, as anxiety over Donald Trump's setback on healthcare reform gave way to tentative hopes for the U.S. President's planned stimulus policies. ...

African Markets – Factors to watch on March 27

Central Bank of Kenya's Monetary Policy Committee meets to decide on its key lending rate. Kenya National Bureau of Statistics to release inflation rate for March. GLOBAL MARKETS U.S. stock futures and the dollar fell on Monday while Asian markets struggled as President Donald Trump's failure on...

African Markets – Factors to watch on March 23

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - - - - - - GLOBAL MARKETS Asian stocks, taking some cues from a steady Wall Street, edged up on Thursday while...

African Markets – Factors to watch on March 21

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - EVENTS: NIGERIA - The central bank sets lending rates. A Reuters poll showed markets expect the benchmark rate to be unchanged. GLOBAL...

African Markets – Factors to watch on March 20

GLOBAL MARKETS Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued to drag the dollar lower. WORLD OIL PRICES Oil prices fell on Monday...

Emerging market hedge fund assets hit record $200 billion – report

The assets of hedge funds investing in emerging markets have surged above the $200 billion mark for the first time, rising by $9.3 billion in 2016, according to industry tracker Hedge Fund Research (HFR) said on Thursday. The Chicago-based group said the growth had been...