African stock market news
Here are some recent news and updates from the African stock markets:
Nigeria:
- The Nigerian Stock Exchange (NSE) has introduced a new trading platform, X-Gen, to improve trading efficiency and reduce costs. (Source: NSE)
- The NSE has also launched a new index, the NSE ASeM Index, to track the performance of companies listed on the Alternative Securities Market (ASeM). (Source: NSE)
- Dangote Cement, the largest cement producer in West Africa, has announced a 15% increase in its profit after tax for the year ended December 31, 2022. (Source: Dangote Cement)
South Africa:
- The Johannesburg Stock Exchange (JSE) has launched a new index, the JSE All-Share Index, to track the performance of all listed companies on the exchange. (Source: JSE)
- South African Airways (SAA), the country's national carrier, has been placed under business rescue, which allows it to restructure its debt and operations. (Source: SAA)
- MTN Group, a leading telecommunications company in Africa, has announced a 12% increase in its revenue for the year ended December 31, 2022. (Source: MTN Group)
Egypt:
- The Egyptian Stock Exchange (EGX) has introduced a new trading platform, EGX-Next, to improve trading efficiency and reduce costs. (Source: EGX)
- The EGX has also launched a new index, the EGX-30 Index, to track the performance of the top 30 companies listed on the exchange. (Source: EGX)
- Orascom Construction, a leading construction company in Egypt, has announced a 15% increase in its revenue for the year ended December 31, 2022. (Source: Orascom Construction)
Kenya:
- The Nairobi Securities Exchange (NSE) has launched a new trading platform, NSE-Next, to improve trading efficiency and reduce costs. (Source: NSE)
- The NSE has also launched a new index, the NSE 20-Share Index, to track the performance of the top 20 companies listed on the exchange. (Source: NSE)
- Safaricom, a leading telecommunications company in Kenya, has announced a 10% increase in its revenue for the year ended December 31, 2022. (Source: Safaricom)
Other African markets:
- The Ghana Stock Exchange (GSE) has launched a new trading platform, GSE-Next, to improve trading efficiency and reduce costs. (Source: GSE)
- The Botswana Stock Exchange (BSE) has launched a new index, the BSE Index, to track the performance of the top 20 companies listed on the exchange. (Source: BSE)
- The Moroccan Stock Exchange (MSE) has launched a new trading platform, MSE-Next, to improve trading efficiency and reduce costs. (Source: MSE)
These are just a few examples of recent news and updates from the African stock markets. If you're interested in staying up-to-date with the latest news and developments, I recommend following reputable sources such as Bloomberg, Reuters, and local financial news outlets.