Sub-Saharan Africa’s (excluding South Africa’s) stock markets rose 1.7% in August and 6.6% year to date. Markets rose across Sub-Saharan Africa with the exception of Zimbabwe, down 6%.
The market capitalisation of the Top 30 companies for August 2021 was US$80.1bn, down 0.7% on the month but up 5.3% year to date.
US$ returns by market
Four sub-Saharan African stock markets have year-to-date US$ returns above 20%:-
Safaricom, Airtel Africa and Helios Towers reached new all time highs in the month ending 31 August 2021.
Notably, Africa Oil Corp. (listed on the Toronto Stock Exchange) is a new entrant in the Top 30 Report.
Fundamental valuation outliers
NOTE: Valuations figures are listed as at 31 August 2021. Please click on the company name for the updated share price.
Companies with the highest and lowest Return on Equity
Companies with the highest and lowest Price to Earnings Ratio
Companies with the highest and lowest Dividend Yield
Companies with the highest and lowest Price to Book Value Ratio
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