Updates

South Africa’s rand, stocks weaker after hawkish Fed comments

Sat Aug 20, 2016/Reuters South Africa’s rand retreated for a third consecutive session on Friday to its weakest level in a week against the dollar while stocks also fell, both assets pressured by signs the U.S. central bank could still lift rates this year. By 1600 GMT the rand had […]

OTC Market Receives Volume Traction Even as the Economy Slows

Culled—-Proshare 19/8/2016/NASD OTC Transactions on the OTC Market recorded a significant increase in transactions deals and deal volume as at the end of the first half of 2016, relative to the same period in 2015. This is represented by an increase of 373% and 216% respectively. However, the value of […]

Access Bank Plc Impressive Earnings Beat Estimates, PAT Up by 26% YoY

Culled—–Proshare August 20, 2016/Vetiva Research Strong top line growth amidst cost containment, PAT up 26% y/y ACCESS released H1’16 result showing impressive top and bottom line growth – 3% and 5% ahead of our estimates respectively. The result came in largely in line with the trend observed in Q1’16 with […]