Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
The recent performance of selected African stock indices in US Dollar terms.
http://www.africasia.com/services/markets/markets.php


African Stock Exchanges (US Dollar Index)
Name                                  Value    1 Month   3 Months  12 Months 36 Months   Date
Botswana Domestic Companies Index    3737.17      7%       12%        6%       54%     10/02/06
BRVM Composite Index                  132.03      1%       31%       50%       68%     17/02/06
Casablanca All Share Index           6986.85     17%       29%       41%       140%    17/02/06
Egypt CASE 30 Index                  6755.43     -7%       17%       92%      1029%    16/02/06
Ghana All Share Index                4725.99      4%       -3%       -34%      202%    17/02/06
Kenya 20 Index                         4071      -2%        7%       36%       187%    17/02/06
Malawi Domestic Index                 746.88     -3%        3%       28%       105%    16/02/06
Mauritius All Share Index             833.84      5%        2%        6%       72%     17/02/06
Namibian Local Companies Index        69.98       9%       18%        6%       99%     30/11/05
Nigeria All Share Index              24093.55     2%       -5%        6%       72%
South Africa JSE All Share Index     19389.32     6%       25%       43%       206%    17/02/06
Swaziland All Share Index             157.27      0%       12%        4%       33%     17/02/06
Tunisia BVMT Index                   1201.61      2%        6%       13%       44%     17/02/06
Uganda All Share Index                727.42     -1%       -5%       62%        -      24/01/06
Zimbabwe Industrials Index           43217320    36%       38%        5%       278%    14/02/06
Print the post Back To Top
No. of Recommendations: 0
Rather scary, though. I would not want to invest in those indices at this moment.

Abe
Print the post Back To Top
No. of Recommendations: 0
It's true that a lot of the stocks listed on these indices would be pretty speculative investments. But for people looking to geographically diversify their portfolio's, some of these countries might be unexpectedly attractive places to invest.

Botswana, for example, is home to one of Africa's most stable democracies and the P/E ratio of its domestic company index is only 11.4 compared to 18.7 for the S&P 500.

I find some of the biggest drawbacks are logistical (e.g. getting good data/research, locating a broker, wiring funds, etc).

hooverrl
Print the post Back To Top
Advertisement