Nairobi goes lower, as Jo’burg gains high on Stock Markets.

For stock investors in Major African stock markets like the Nigerian Stock Exchange (NSE), Egyptian Exchange, Kenya Securities Exchange, Ghana Stock Exchange, and Mauritius Stock Exchange, it has been a mixed bag of fortunes in terms of returns this year.

On the positives, investors in the Johannesburg Stock Exchange and that of Morroco (Bourse de Casablanca) have had reasons to smile.

AirAsia airline shares transactions fallen

Investors become concerned after little-known firm GMT Research issued a report on 10 June, saying the airline used transactions with associate firms to increase earnings.

Since then, its shares have fallen almost 30%, according to Reuters.

 

AirAsia responded to the claims, but that did little to reassure investors.