African Stock Market Closing Report|On Friday (March 6), the South Africa FTSE/JSE Africa Top 40 Tradable Index closed down 3.02%, falling below 109,000 points. The index dropped 9.73% for the week, with high volatility on Monday, a significant decline on Tuesday, and a slower pace of decline from Wednesday to Friday.
African Stock Market Closing Report|On Friday (March 6), the South Africa FTSE/JSE Africa Top 40 Tradable Index closed down 3.02%, falling below 109,000 points. The index dropped 9.73% for the week, with high volatility on Monday, a significant decline on Tuesday, and a slower pace of decline from Wednesday to Friday.
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The Nigerian Stock Exchange All Share Index closed up 0.08%, approaching 197,000 points, with a cumulative gain of 2.15% this week. This week, the Mauritius Stock Exchange SEMDEX Index fell by 2.13%, while the Nairobi Securities Exchange All Share Index in Kenya dropped by 3.55%.
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