December 19, 2009

Exchange news

Kenya seeks to change investor protection

Proposed amendments to Kenya’s Capital Markets Authority (CMA: www.cma.or.ke) Act would block institutional investors from getting compensation for money lost in cases of collapse of …

Exchange news

Exotix says Ghana index was worst of 2009 but may jump 30% in 2010

Stockbroker and investment bank Exotix Limited says the Ghana Stock Exchange’s All-Share Index has so far been the world’s worst performer in 2009, falling 49% after being among world beaters in 2008 with a 58% gain. London-based analyst Christopher Hartland-Peel says the index is likely to climb 25% to 30% in 2010 as the west African nation starts producing oil for export.

Exchange news

African Stock Exchange views – news from ASEA 2009 in Abuja

It has been hard to get news of the African Stock Exchanges Association this year, but news reports talk of integration between the Ghana and Nigerian stock exchanges and the Bourse Regionale des Valeurs Mobilieres, an African share prices index and better regulation and corporate governance.