Culled—Proshare September 22, 2020 By Cardinal Stone Research  The monetary policy committee (MPC) commenced its penultimate two-day meeting on the 21st of September 2020 against the backdrop of weak economic growth, rising inflation, relatively illiquid currency markets, and mild capital inflows. In line with the actions of major central banks […]

Culled—Proshare September 22, 2020 By CSL Research Yesterday, Brent crude oil price settled at US$41.44/bbl, down 10.7% from 6-month high of US$45.86/bbl. We note rising emerging concerns on the outlook for oil price in the global market. Cases of coronavirus are now rising faster in many European countries that had […]

Culled—-Proshare September 22, 2020 By FBNQuest Research   Of the three sub-Saharan Africa (SSA) stock markets we periodically cover, the Jo’burg all-share has outperformed its Lagos equivalent by a short distance. Nairobi (NSE20) has been the laggard, and its current performance of -34.0% ytd is worse than that seen in March/April. […]