09-Jul-2010 4:10 PM
African shares on the rise while the JSE increases for third day
Analysis
African shares were mostly on the rise on Thursday (08-Jul-2010) with Kenya Airways (+0.5%), 1time (+1%) and Lonrho (+4.9%) up, while Comair fell 0.5%. South Africa's FTSE/JSE Africa All Share Index rose for the third day by +0.8%.
Summary
- African shares, including Kenya Airways and Lonrho, were mostly on the rise on 8-Jul-2010.
- South Africa's FTSE/JSE Africa All Share Index increased by 0.8% for the third consecutive day.
- Middle Eastern shares, including Air Arabia and Jazeera, also experienced gains on 8-Jul-2010.
- Royal Jordanian remained stable, while Kuwait National Airways saw a significant increase in share price.
- The data is sourced from the Centre for Asia Pacific Aviation and Reuters.
- This information provides an overview of the performance of selected African and Middle Eastern airlines on 8-Jul-2010.
Middle Eastern shares were also on the rise with Royal Jordanian remaining stable while Air Arabia (+0.5%), Jazeera (+1.7%) and Kuwait National Airways (+4.3%) rose.
Selected African and Middle Eastern airlines share price movements (% change): 08-Jul-2010
Source: Centre for Asia Pacific Aviation & Reuters