AM Weekly Market Commentary - March 19, 2021
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Overall sentiment on African equity markets was bearish. Among the markets we cover, 10 of them retreated this week - some of them, severely - while 6 advanced and one remained flat. Kenya led the pack as equities in Nairobi jumped 3% and are up 9.75% so far this year. Conversely, Namibian equities lost 6.69% over the 5-day period but remain up 8.25% YTD.Â