Stock Exchange
Coverage of Stock Exchange in the Nexus archive.
- Hong Kong Exchange Posts Record Earnings on IPO, Trading Boom
Hong Kong’s stock exchange posted record earnings, surpassing market estimates. This success was attributed to robust trading volumes and a jump in initial public offerings, resulting in a 21% rise in second-quarter net income.
- Rare $1 Billion IPO Rush Seen in Zambia After Election
Following a presidential election, Zambia's stock exchange anticipates bringing a record $1 billion of initial public offerings to market. This surge is expected as Africa’s second-biggest copper producer benefits from soaring prices for the metal.
- DR Congo plans stock exchange launch
DR Congo plans to launch its first stock exchange, listing securities in both the local currency and US dollars to attract investment in its mineral resources. The country, the world’s largest cobalt producer, aims to leverage its $24 trillion in mining sector value through partnerships with the US and UAE.
- Ethiopia’s Nascent Stock Exchange Adds Bank as Fourth Listing
Ethiopia’s stock exchange has added Awash International Bank SC as its fourth listed entity. The bank, based in Addis Ababa, marks a new milestone for the nascent exchange.