The sharpest contrast across African stock markets today came from a split that has defined much of 2026: Tunis kept extending its lead as the continent’s strongest exchange, with the TUNINDEX at 18,625.86 points, up 38.48% in 2026, while Johannesburg suffered a heavy 2.94% drop on Friday as weaker precious metals hit heavyweight resource names. Between those extremes, the BRVM rose 0.96%, Nairobi’s NSE 20 jumped 4.17%, Cairo gained 1.10%, Lagos edged up 0.09%, and Casablanca ended nearly flat at 18,353.29 points.
That divergence matters because it shows how fragmented the African equity story has become. North African markets outside South Africa are being driven mainly by domestic liquidity, financials and company-specific catalysts; francophone West Africa is leaning on dividends and bank capital operations; and the JSE remains the continent’s clearest transmission channel for global commodity and risk sentiment. In other words, this week’s African market recap was not about one continental trend, but about several local narratives reacting differently to the same macro backdrop.
Key figures
- TUNINDEX: 18,625.86, up 38.48% in 2026
- JSE All Share: 112,610.79, down 2.94% on Friday
- BRVM Composite: 442.87, up 0.96%
- NSE 20 Nairobi: 1,080.87, up 4.17%
- MASI Casablanca: 18,353.29, down 2.62% in 2026