Specifically designed for investors looking for ways to invest in the continent, the Nedbank Africa Equity Index Series, representing the performance of a broad-based range of African companies, provide performance benchmarks that ensure the heterogeneous nature of the wide range of equities, markets and countries are captured.
The series includes two indices. The All Africa ex South Africa 100 (AAXSA-100) Index consists of the 100 top listed equity counters of 13 African stock exchanges, namely Botswana, Bourse Regionale des Valeurs Mobilieres (BRVM), Egypt, Ghana, Kenya, Malawi, Mauritius, Morocco, Nigeria, Tunisia, Uganda, Zambia and Zimbabwe. The Sub-Saharan ex South Africa 50 (SSAXSA-50) index consists of the 50 top listed equity counters of 10 Sub-Saharan African stock exchanges. It covers the same list mentions previously but excludes Egypt, Morocco and Tunisia. Both indices are subject to the constraints mentioned previously.
Key Features and Coverage on RIMES
For this data source, RIMES hosts 4 indices:
- Nedbank African Mining Index
- Nedbank African Mining Junior Producers Index
- Nedbank All Africa Ex Sa Top 100 Index
- Nedbank Sub-Saharan Africa Ex Sa Top 50 Index
Some of the data items available include – Gross Index, Gross Index in US Dollars, Last Price Date, Price Index, Price Index in US Dollars, etc.