Market Commentary

The sentiment was mixed on African equity markets this week. Among the 17 markets we cover, nine advanced while six retreated mildly and two remained flat. The BRVM led the pack as equities in Abidjan gained 3.13%. Conversely, the Johannesburg Stock Exchange was the laggard. South African equities dropped 4.86% this week, the most on the continent.

The sentiment was mainly positive on African equity markets this week. Among the 17 markets we cover, 14 advanced while two retreated mildly and one remained flat. The Nigerian Exchange led the pack as equities in Lagos gained 1.83%. Conversely, the Tunis Stock Exchange was the laggard. Tunisian equities shed 0.14% this week, the most on the continent.

The sentiment was mixed on African equity markets this week. Among the 17 markets we cover, ten advanced while seven retreated. The Namibian Exchange led the performance charts for the second week in a row as equities in Windhoek jumped another 3.63%. Conversely, the Lusaka Stock Exchange was the laggard. Zambian equities shed 1.25% this week, the most on the continent.

The sentiment was positive on African equity markets this week. Among the 17 markets we cover, twelve advanced while four retreated, and one remained flat. The Namibian Exchange led the performance charts as equities in Windhoek jumped 4.21%. Conversely, the Dar Es Salaam Stock Exchange, last week’s top performer, was the laggard. Tanzanian equities dropped 6.35% this week, the most on the continent.