It is the largest stock market in Africa. It was founded on November 8, 1887. The stock market was born out the mining and trading in gold by various companies in the Witwatersrand region. The currency of trade used is the South African Rand. Nicky Newton-King is the current Chief Executive Officer.
It was started in 1960 as the Lagos Stock Exchange. In 1977, it changed name to Nigerian Stock Exchange. It has over 200 listed companies. Nigerian Stock Exchange adopted automated trading systems in April, 1999. It lists information on the performance of its listed companies on a daily basis.
It is the third largest stock market in Africa, after Johannesburg and Lagos Stock Markets. Casablanca Stock Exchange started in 1929. It uses Moroccan Dirham as its trading currency. It is the third oldest stock market on the continent.
It started in 1954 as under the name, Nairobi Stock Exchange. It was an association of stockbrokers from the European community. Before Kenya attained independence in 1963, Africans and Asians could not trade at the market. It uses Kenyan shillings as its currency of trade. It is governed by a Board of Directors, made of nine people. Last year, Nairobi Securities Exchange was the second best performing stock exchange in Africa behind Tunis Stock Exchange.
It started off in 1900 as Luderitz Stock Exchange. Trade in diamonds was a key factor in its establishment but after the trade weakened, it closed business. A new stock exchange in Windhoek was founded in 1990. Namibia Stock Exchange is one of the largest in Africa and opens only on weekdays. It uses Namibia dollar as its official trading currency.
It was founded on July 10, 1989. Ghana Stock Exchange started as a private company but changed to a public company in 1994. In 2007, it adopted three automated systems for all its trading processes. These are electronic trading system, electronic clearing and settlement system and a securities depository.
It consists of two exchanges; Alexandria Stock Exchange that was opened n 1883 and the Cairo Stock Exchange that started 1903. In 1940s, the Egyptian Exchange (Egypt Stock Exchange) was among the best in the world. It is one of the oldest stock markets in Middle East. The blossoming trade in cotton in 1885-1940s was a key factor that led to the establishment of the Alexandria Stock Exchange.
It was founded in 1969. It has 78 listed companies; 66 on its main market and 12 on the alternative market.
