The All Share Index (ASI) performance across African stock exchanges for the week ended August 8, 2025, was largely upbeat, with 10 out of 13 tracked exchanges closing in positive territory.
Malawi led the pack, as the Malawi Stock Exchange (MSE) ASI surged by 8.25% to 425,534.71 points, up from 393,087.82 points the previous week. Ghana’s GSE-CI followed with a 5.60% gain to 7,386.41 points, while Nigeria’s NGX ASI ranked third, rising 3.18% to 145,754.91 points from 141,263.05 points.
Tanzania’s DSE ASI climbed 2.81% to 2,536.39 points, placing fourth, and Kenya’s NSE ASI added 1.41% to 161.19 points. Other gainers included Morocco (1.27%), Zambia (1.10%), Botswana (0.28%), Rwanda (0.12%), and Mauritius (0.01%).
Meanwhile, Cote d’Ivoire (-0.44%), Uganda (-0.77%), and Zimbabwe (-2.45%) recorded declines.
On Monday’s trading session, the Nigerian Exchange sustained its momentum with the ASI inching up 0.09% to close at 145,880.77 points from 145,754.91 points. Market capitalisation also rose 0.09% to N92.294 trillion, adding N79 billion.
A total of 2 billion shares worth N19 billion exchanged hands in 40,435 deals. Market breadth closed positive, with 41 gainers against 36 losers.
Top Gainers:
AIICO Insurance, Sunu Assurance, Veritas Kapital, Stanbic, The Initiates, Universal Insurance, and UPDC each gained 10%. Cornerstone Insurance and Mansard rose 9.98% and 9.97%, respectively.
Top Losers:
Abbey Building and ABC Transport shed 10% each, while UACN and HMCALL fell 9.99% and 9.92%, respectively.
Volume Drivers:
Linkage Assurance led activity with 704 million shares worth N1.59 billion, followed by Universal Insurance (231 million shares worth N279 million) and AIICO Insurance (155 million shares worth N595 million).
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