Tag Archives: Stock Exchange

Xenophobic Attacks: Johannesburg Stock Exchange, MTN, Others Lose Profits

MTN

Johannesburg Stock Exchange has felt the heat from the recent xenophobic attack against other nationals in South Africa. www.bnnbloomberg.ca has reported that the growing violence meted out on African nationals living in South Africa is being felt on the Johannesburg stock exchange. According to reports, Africa’s largest mobile phone operator, MTN Group Limited fell as much as 2%, after the …

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Stock Exchange suspends trading in 17 companies over late filing

The Nigerian Stock Exchange, NSE, has placed the shares of 17 companies on suspension for failing to file their various financial statements as at when due. Most of the companies are in the insurance sector, and are also penny stocks. The companies include African Alliance Plc, Equity Assurance Plc, Guinea Insurance Plc, Sovereign Trust Insurance, Goldlink Insurance, Great Nigeria Insurance, …

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