Recent Posts

Financial Editors Subscription.

Get the latest company news in your inbox

 

Archives

Categories

Login

NEWS FROM AFRICA'S 100 LARGEST LISTED COMPANIES

Africa by Sector

All Sectors Banking & Finance Energy & Mining Telecommunications
All Sectors Bank Image Energy Image Telecommunication Image

Africa investor Ai40 Weekly Commentary – 5 December 2016

By David | December 5, 2016

Following last session’s drop in value, the Ai40 Index continues to suffer losses as it marks a decline of four consecutive sessions this week. Nonetheless, Nigerian banking equities proved to be star performers as they made up the entirety of the Gainers List. The Losers List this week featured a much more mosaic picture with stocks from five different countries. The index lost 0.56 points; a drop off 0.62% from last week’s value of 89.35. It closed the week out on a value of 88.79. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »

Africa investor Ai40 Weekly Commentary – 28 November 2016

By David | November 28, 2016

It was yet another rocky session for the Ai40 Index as it dropped in value for the third week in a row. Africa’s “big three” – South Africa, Nigeria and Egypt – featured heavily in both the gainers and losers lists and this held true for banking, telecoms and mining stocks. The index closed the session with a loss of 1.78 points, or 1.95%, from last week’s value of 91.13. It closed the week at a value of 89.35. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »

Africa investor Ai40 Weekly Commentary – 21 November 2016

By Staff Reporter | November 21, 2016

The Ai40 Index continued on a downward trend following Friday’s close. Just over a fortnight after the Egyptian Central Bank devalued the country’s currency, equities from the North African country have recovered to dominate the gainers list. Conversely, South Africa mining stocks took a blow this session. The index closed slightly lower and lost 0.09 points, or 0.1%, from last week’s value of 91.22. It closed the session out on a value of 91.13. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »

Africa investor Ai40 Weekly Commentary – 14 November 2016

By Staff Reporter | November 14, 2016

The commentary this week will be slightly different as we take a step back to view the Ai40 index over a longer time period of three weeks, in order to get a high-level view of the index’s movements.

Over this period, the Ai40 Index dropped in value and this downward trend was particularly influenced by a historic event on the continent; the devaluation of the Egyptian pound. The Egyptian central bank “abandoned the pound’s peg of 8.8 to the dollar in an effort to attract inflows of capital and close down a booming black market in dollars” according to Reuters. The Index lost 1.62 points, or 1.74%, to close at a value of 91.22, down from 92.84. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »

Africa investor Ai40 Weekly Commentary – 07 November 2016

By Staff Reporter | November 7, 2016

This week the Ai40 Index was indeed a mixed bag as equities from across the continent (and across a wide variety of sectors) featured in both the biggest gainers and losers lists. However, Nigerian stocks fared the worst as they composed the bulk of the losers list for the session. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »

Africa investor Ai40 Weekly Commentary – 31 October 2016

By Staff Reporter | October 31, 2016

After experiencing some decent gains last session, the Ai40 Index saw a timid uptick this week as North African stocks dominated the gainers list. On the other end of the spectrum, Egypt and South Africa took two spots each in the losers roll. The index closed marginally up with a gain of 0.02 points, or 0.02%, to close the session out on a value of 92.86 from last week’s 92.84. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »

Africa investor Ai40 Weekly Commentary – 24 October 2016

By Wade | October 24, 2016

The Ai40 Index edged up this week as the fortunes of South African stocks took a turn for the better. Resource equities buoyed the Index this week as confidence in the mining sector returned cautiously; restructuring measures taken by large commodity companies have allowed them to benefit from improved prices. Further north, Egyptian stocks took a beating during the session. Nonetheless, the Index gained 0.83 points, or 0.9%, to close the session out on a value of 92.84, up from 92.01. Read the rest of this entry »

Topics: Ai Press Office, All Sectors | No Comments »


« Previous Entries