Why Africa's Top Stock Markets Are On a Roll DeutscheWelle: Africa
has seen a lot of interest from foreign investors since the end of the pandemic. In January, the Johannesburg Stock Exchange , hit an alltime high. The all-share JALSH index rose to 78,450 points and has remained elevated through the year.
They include miners BHP Billiton and Anglo American, along with British American Tobacco and the luxury goods maker Richemont. Many of them are also listed abroad. South Africa's largest listed firms are Naspers, a major internet and tech investor, with a market cap of $39 billion, and financial services giants FirstRand and Standard Bank, alongside MTN, Africa's largest mobile operator.
Murison told DW there is a"strong possibility" that the JSE All-Share index will retest its January highs in the next few months.'s stock exchange was founded in Lagos in 1960. The Nigerian Exchange Group , as it is now known, has grown to become Africa's second-largest with a market cap of $45.9 billion.
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