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.

You need an active subscription to continue reading this article.

Recent Business

marek-studzinski-Dzzs2EFckLk-unsplash
Can diaspora bonds plug Africa’s financing gap?
Read More »
junior-samson-ZY0eI-L-FBc-unsplash
World Bank flags debt risk despite Benin’s rapid growth
Read More »
pexels-langford-kwabena-2841822-28075371
Ghana signals rate cut as inflation hits three-year low
Read More »

Recent Politics

emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »
ivan-bandura-D5kMHGxgZMI-unsplash
Barrick vows to fight Mali gold seizure through legal channels
Read More »

Latest Posts

Latest news insights