MARKETS
Fitch Revises Steinhoff International's Outlook to Stable
Fitch Ratings has revised South
Africa-based consumers goods group Steinhoff International Holdings
Limited's (Steinhoff) Outlook to Stable from Negative.
Casablanca Finance City and CISI Sign new Partnership
Casablanca Finance City (CFC) and
Chartered Institute for Securities & Investment (CISI) signed this
Monday 25th of November, in CFC’s Headquarters in Casablanca, a
Memorandum of Understanding (MoU)…
Morocco's Saham Finances acquires Angola's insurer AG Angola Seguros
Moroccan insurance company Saham Finances
has bought the second-largest insurance provider in the Angolan market,
AG Angola Seguros SA, for an undisclosed amount, it confirmed on
Thursday.
GSK to sell part of its holding in Aspen Pharmacare Holdings
GSK today announces that it intends to
sell up to approximately one-third of its 19% stake in Aspen Pharmacare
Holdings Ltd (Aspen). The disposal will be through a placing of ordinary
shares in Aspen…
The Global Board of Trade (GBOT) is now BOURSE AFRICA
Global Board of Trade Ltd. (GBOT), the
first international multi-asset class exchange from Mauritius will now
be known as BOURSE AFRICA LIMITED (BOURSE AFRICA). The change in the
name symbolizes the…
ICE to acquire Singapore Mercantile Exchange
IntercontinentalExchange Group, Inc.
(ICE), the leading global network of exchanges and clearing houses,
today announced a definitive agreement to acquire Singapore Mercantile
Exchange (SMX) in an…
Chase Bank gets US$10 million Equity investment from DEG
The German development finance institution
DEG, a subsidiary of German development bank KfW, has invested
US$10million in equity into Chase Bank Kenya, the bank said.
South Africa’s Nampak acquires Beverage Can operation in Nigeria for US$301 million
Nampak today announced that an agreement
has been reached whereby it will acquire Alucan Packaging Limited which
is a beverage can manufacturer based in Nigeria. Nampak has also been
granted an…
STOCK MARKETS
Computer Warehouse Group lists on the Nigerian Stock Exchange
Efforts by Nigerian Capital Market
regulators to encourage indigenous firms list their shares on The
Exchange, has yielded more results with the listing of the shares of
Computer Warehouse Group (CWG) Plc on Friday November 15, 2013 on the
daily…
A.M. Best Affirms Ratings of Mansard Insurance
A.M. Best Europe – Rating Services Limited
has affirmed the financial strength rating of B (Fair) and issuer
credit rating of “bb+” of Mansard Insurance Plc (Mansard) (Nigeria). The
outlook for both ratings remains stable.
New Companies joining EGX and NILEX
EGX's listing committee approved yesterday
two companies to be added to the main market (EGX) and another two to
be added to NILEX market for small & mid cap companies.
Anglo American sells Tarmac Building Products to Lafarge Tarmac
Anglo American plc announces that it has
reached an agreement to sell Tarmac Building Products Limited to Lafarge
Tarmac Holdings Limited, the 50:50 joint venture of Lafarge’s and Anglo
American’s…
WARA assigns to Filtisac a first-time rating of A-
West Africa Rating Agency (WARA) announces
today the publication of first-time ratings on Filtisac SA. On WARA’s
regional rating scale, Filtisac’s long-term rating is «A-», an
investment grade…
NGSE daily market report - 14 November 2013
Market closed weak yet again as a result
of continuous fall on prices of weighty stocks like DANGOTE CEMENT,
ZENITH BANK, NESTLE, NIGERIAN BREWERIES and GUINNES. Today, the NSE-ASI
sheds 0.46%, or…
GSE daily market report - 14 November 2013
Volume and value of shares traded improved
significantly today compared to the midweek session. Trading activity
closed on a positive note with the indices propelled by an advancer.
EGX daily market report - 14 November 2013
Egyptian stock exchange main index EGX30
extended loss for the second day and retreated by 0.40 % on Thursday,
amid fluctuated performance, to close at 6,227.92 points, compared to
6,253.24 points on…
ZSE daily market report - 14 November 2013
The industrial index slipped 0.30 points
(0.14%) to close at 215.08 points. SEEDCO retreated 8.90 cents to trade
at 90.10 cents, PPC lost 1.01 cents to settle at 250 cents and ZIMPLOW
shed 0.48 cents…
