Search

East Africa Launches Unified Stock Index Covering 85% of Regional Market

© Unsplash
  • EAE 20 Share Index debuts with $16.98bn in market cap across four countries
  • Safaricom, CRDB Bank, and MTN Uganda among top regional performers

Nairobi, Kenya – The East African Securities Exchanges Association (EASEA) has launched a regional market share index tracking the top 20 listed firms, which collectively account for 85% of East Africa’s total equity market. The East Africa Exchanges (EAE) 20 Share Index, unveiled on April 11, opened at 100.21 points, slipping marginally by 0.11% on its first day of trading to close at 100.1 points.

This article is free to read.

Sign up for free or sign in to continue reading.

Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.

Create your free account or sign in



Recent Business

Overview of the Central Business District in Gaborone, Botswana. Photo by Justice Hubane @ Unsplash
Botswana’s banking sector grows 7.7% to $10.5bn amid global headwinds
Read More »
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Ghana’s 9% public sector pay increment sparks debate over inflation impact
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash.
U.S. military threat to Nigeria sends African markets reeling
Read More »

Recent Politics

Street market in Kaduna, Nigeria. Photo @Pexels
Trump’s military threat over ‘Christian genocide’ splits Nigeria
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Tanzania’s Samia Suluhu faces legitimacy test after disputed landslide
Read More »
Donald Trump, US President @ Pixabay
Trump threatens military action in Nigeria over Christian killings
Read More »

Latest Posts

Latest news insights