Market Commentary

Overall sentiment on African equity markets was bullish with most markets advancing this week. Once again, Zimbabwe led the pack. Its benchmark index jumped another 11.43%, while, conversely, Nigeria’s declined 1.66% over the week. 

Overall sentiment on African equity markets was mixed with as many markets advancing as losing ground among the ones we cover on the continent. Zimbabwe leads the pack. Its benchmark index jumped 13.55%, while, conversely, Namibia’s dropped 3.13% over the week. 

Overall sentiment on African equity markets was bearish with 10 of the markets we cover losing grounds, 1 remaining flat, and 5 advancing in local terms this week. 

Overall, sentiments on African equity markets were mixed with 9 of the markets we cover advancing, 2 remaining flat, and 6 losing grounds in local terms this week.