The week’s defining move across African stock markets today did not come from Johannesburg or Cairo, but from Tunis, where the TUNINDEX is still up 49.02% in 2026 even after a 0.38% daily pullback on Friday to 20,042.75 points. At the other end of the spectrum, Nairobi posted the sharpest one-day decline among the 7 exchanges in scope, with the NSE 25 down 2.68% to 4,084.44 points, as the USD/KES rose 0.66% to 129.23 and Brent crude ended the week at $88.52 a barrel, up 0.9% over five days.
That divergence captures the broader Pan-African picture. North Africa continued to benefit from earnings momentum and domestic-sector rerating, West Africa stayed constructive but selective, while East and Southern Africa were more directly shaped by global positioning in currencies, commodities and risk assets. Based on market data at the close of Friday, 14 August 2026, Casablanca rose 1.48%, the BRVM added 0.29%, Cairo gained 0.38%, while Johannesburg was almost flat at -0.05% and Lagos slipped 0.45%.
Key figures
- TUNINDEX: +49.02% in 2026 at 20,042.75
- NSE 25: -2.68% at 4,084.44
- MASI: +1.48% on Friday, but -2.74% in 2026
- Brent: $88.52/barrel, up