Africa Market Update - July 2015
This report includes the economies of Kenya, Gabon, Tanzania, Uganda, Rwanda and Ethiopia
This report includes the economies of Kenya, Gabon, Tanzania, Uganda, Rwanda and Ethiopia
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MARKET UPDATE – AFRICA | <strong>July</strong> <strong>2015</strong><br />
Coming on the<br />
back of potentially<br />
vast capacity<br />
for natural gas<br />
exploration<br />
and export, the<br />
publication of<br />
the Act creates<br />
investor certainty<br />
on the crucial<br />
oil and gas<br />
landscape of the<br />
economy.<br />
Average Buy Ratio in the Dar<br />
Exchange<br />
(May <strong>2015</strong> – Inner Ring; June <strong>2015</strong> – Outer Ring)<br />
Source: Dar es Salaam Stock Exchange, StratLink <strong>Africa</strong><br />
In June <strong>2015</strong>, average daily purchase value<br />
by foreign investors stood at USD 2.4 Million<br />
compared to an average sale value of USD<br />
751,821.0, in stark contrast to the trend witnessed<br />
in May <strong>2015</strong> in which the average sale<br />
value (USD 6.4 Million) was 2.7 fold the value of<br />
buys 24 .<br />
24 Dar es Salaam Stock Exchange June <strong>2015</strong><br />
16 | StratLink <strong>Africa</strong> Ltd.<br />
www.stratlinkglobal.com
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