Tunisia remained the continent’s standout equity story in the week of July 6-11, 2026, with the TUNINDEX at 20,158.7 points, up 0.82% on the last session and 49.88% in 2026, while Lagos moved the other way as the NGX ASI fell 1.37% to 1,823.86 points. Between those two extremes, Casablanca, the BRVM, Cairo and Johannesburg all closed on a firmer footing, supported by selective buying in financials, infrastructure names and a handful of commodity-linked counters.
That ranking matters because it captures the three forces that shaped African equities this week. First, Brent crude at $76.01 a barrel was still up 5.6% on the week despite a 0.4% daily dip. Second, African currencies were broadly stable against the dollar, with USD/EGP at 49.56, USD/NGN at 1,376.22 and USD/KES at 129.16. Third, global risk appetite improved as U.S.-Iran peace talks helped broader markets, according to the macro headlines provided. In other words, the backdrop was supportive for risk assets, but local market structure determined who actually benefited.
Key figures
- TUNINDEX: 20,158.7 points, up 49.88% in 2026
- JSE All Share: 110,355.39 points, up 0.79%
- BRVM Composite: 474.92 points, up 1.7% in 2026
- MASI: 17,987.82 points, down 4.56% in 2026