STOCK MARKET Archives

Goldman Sachs Predicts Sharp Decline in South Africa’s Inflation and Interest Rate Cuts by 2025

Eniola OladeleNovember 27, 2024

by Eniola OladeleNovember 27, 20240173

Goldman Sachs has expressed optimism regarding South Africa’s economic outlook, forecasting significant improvements in inflation and interest rates by 2025. The bank anticipates a notable...

BUSINESS STOCK MARKET

Chinese Developer Vanke Seeks Adjustments on Two Bank Loan Agreements

Eniola OladeleNovember 25, 2024

by Eniola OladeleNovember 25, 20240199

China Vanke Co. is seeking lenders’ approval to change terms on two offshore loans, people familiar with the matter said, after its finances worsened amid...

Africa STOCK MARKET

2 High-Potential Penny Stocks Rated ‘Strong Buy’ by Analysts

Eniola OladeleNovember 19, 2024

by Eniola OladeleNovember 19, 20240121

Penny stocks often grab investor attention for their low prices and potential for exponential growth. However, these stocks come with a catch heightened risk. Typically...

Africa STOCK MARKET

Trader Bets on 75-Basis-Point ECB Cut Next Month for Tenfold Gain

Eniola OladeleNovember 14, 2024

by Eniola OladeleNovember 14, 2024098

A trader is betting the European Central Bank will deliver a jumbo interest-rate cut next month, a scenario becoming more plausible after Donald Trump’s party...

Africa STOCK MARKET

China EV Stocks Surge Following Robust October Delivery Growth

Eniola OladeleNovember 4, 2024

by Eniola OladeleNovember 4, 20240150

Chinese electric vehicle (EV) stocks surged this week as October delivery numbers exceeded market expectations, signaling strong momentum for the sector as year-end approaches. Major...

ECONOMY STOCK MARKET

Oil Gas Exploration in Somalia Game Changer Energy Minister

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 20240142

Turkish research vessel Oruç Reis last week arrived in Somalia to conduct seismic surveys for oil and natural gas. Speaking at the welcoming ceremony at...

Africa STOCK MARKET

Mahwi Grain Millers Becomes First SME to Join Rwanda Capital Markets, Paving the Way for Small Business Growth

Eniola OladeleOctober 11, 2024

by Eniola OladeleOctober 11, 20240218

Mahwi Grain Millers has made history to officially become the first Rwandan Agri business Small and Medium Enterprise (SME) to float a Rwf5billion corporate bond...

Africa STOCK MARKET

Stock Exchange of Mauritius Launches SEM-AFRICA Index to Track African Market Performance

Eniola OladeleOctober 8, 2024

by Eniola OladeleOctober 8, 20240196

The Stock Exchange of Mauritius (SEM) has introduced a groundbreaking index known as the SEM-AFRICA Index, aimed at tracking the performance of African companies listed...

Africa STOCK MARKET

BRVM Launches Key Principle Index to Track Leading WAEMU Companies

Eniola OladeleOctober 8, 2024

by Eniola OladeleOctober 8, 20240137

The BRVM Principle Index, also known as the BRVM Principle, is the main stock market index of the Bourse Régionale des Valeurs Mobilières (BRVM) exchange,...

Africa STOCK MARKET

Global Markets React to Hawkish U.S. Federal Reserve Stance

Eniola OladeleOctober 2, 2024

by Eniola OladeleOctober 2, 20240174

Global markets experienced significant fluctuations on October 1 as investors responded to hawkish comments from U.S. Federal Reserve Chair Jerome Powell. Powell’s statements, which signaled...

Africa STOCK MARKET

Africa’s Stock Exchanges Gain Momentum as Global Investors Eye Growing Opportunities Amid Economic Diversification

Eniola OladeleSeptember 23, 2024

by Eniola OladeleSeptember 23, 20240164

Africa’s stock exchanges are witnessing a surge in activity as global investors increasingly turn their attention to the continent’s expanding markets. With a growing number...

STOCK MARKET TECHNOLOGY

African Stock Exchanges See Mixed Performance as Global Economic Conditions Shift

Eniola OladeleSeptember 17, 2024

by Eniola OladeleSeptember 17, 20240191

African stock markets experienced a day of mixed performance reflecting broader global economic uncertainty and shifting investor sentiment. While some major exchanges such as South...

STOCK MARKET TECHNOLOGY

Riding the Market Waves: Key Trends Shaping Africa’s Stock Exchanges Today

Eniola OladeleSeptember 16, 2024

by Eniola OladeleSeptember 16, 20240205

As Africa’s economies continue to evolve, the continent’s stock exchanges are experiencing a period of dynamic growth and change. Major markets such as the Johannesburg...

Africa STOCK MARKET TECHNOLOGY

Global Stock Markets Face Volatility as Inflation Fears and Tech Weakness Roil Investors

Eniola OladeleSeptember 13, 2024

by Eniola OladeleSeptember 13, 20240212

Global stock exchanges are experiencing heightened volatility as investors grapple with a mix of inflation concerns, rising interest rates, and a downturn in the once-booming...

Africa BUSINESS STOCK MARKET

Stock Market Caution as Key Economic Data Approaches

Jide AdesinaSeptember 10, 2024

by Jide AdesinaSeptember 10, 20240226

Global stock markets are bracing for critical economic data to be released this week, especially in the U.S., where the labor market report is expected...

Africa STOCK MARKET TECHNOLOGY

Dow and Nasdaq Dip Amid Market Caution as Oil Prices Rebound on Supply Concerns

Jide AdesinaSeptember 10, 2024

by Jide AdesinaSeptember 10, 20240222

Global stock markets are showing signs of unease, with U.S. indices like the Dow Jones Industrial Average and Nasdaq Composite dipping slightly on September 10,...

BUSINESS STOCK MARKET The Afrika Market

Botswana Stock Exchange (BSE) Gains Amid Diamond Sector Recovery

Jide AdesinaSeptember 9, 2024

by Jide AdesinaSeptember 9, 20240185

The Botswana Stock Exchange (BSE) saw positive movement today, driven by a rebound in the diamond sector. Shares in Debswana, a joint venture between De...

BUSINESS International News STOCK MARKET TECHNOLOGY

Nvidia’s Q2 Sales Could Soar, But Even a Small Miss Might Shake Up the Stock!

Jide AdesinaAugust 26, 2024

by Jide AdesinaAugust 26, 20240250

Nvidia is set to announce its second-quarter earnings on Wednesday, with projections indicating that its revenue could more than double. However, investors accustomed to the...

BUSINESS STOCK MARKET

Why investment Schemes Offering Capital Preservation and Growth are ‘Fictional’

Jide AdesinaJuly 2, 2024

by Jide AdesinaJuly 2, 20240324

Rational goals and expectations are key to successful investing Capital preservation means the eradication of any possible volatility. Getty Images Another fictional allure is any investment...

STOCK MARKET

Stock Market Trends across Africa

Jide AdesinaJuly 1, 2024July 1, 2024

by Jide AdesinaJuly 1, 2024July 1, 20240270

PricePerformanceTechnicalFundamental Normal Africa’s stock markets have witnessed significant growth and expansion in recent years, fueled by economic reforms, population growth, and technological advancements. Here is...

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