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Market Brief - Africa Economic Financial Brief 30-3 September 2010
During the week of 30 August–3 September 2010, global equity markets advanced as fears over a double-dip recession eased. African stock markets, however, showed mixed performance, with the highest gains of 4.5% and 2% recorded in the stock markets of South Africa and Tunisia, respectively. Moderate gains of 0.8% and 0.5% were recorded in the markets of Egypt and Côte d'Ivoire, respectively. The markets in Mauritius, Kenya and Ghana posted substantial losses of 1.9%, 1.6% and 1.5%, respectively. The overall stock prices of Nigeria were virtually unchanged.