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Most African shares rise with JSE while Jazeera and Royal Jordanian drop

Analysis

1time (3.8%), Comair (6.8%) and Lonrho (7.3%) shares rose, while the Johannesburg Stock Exchange soared 3.3%.

Summary
  • Shares of 1time, Comair, and Lonrho rose, while the Johannesburg Stock Exchange experienced a significant increase.
  • Kenya Airways was the only African carrier to see a drop in shares, with the Nairobi Stock Exchange also falling.
  • Jazeera Airways and Royal Jordanian Airlines experienced a decrease in shares, while Air Arabia remained steady.
  • These share price movements were observed on May 26, 2010.
  • The data was sourced from the Centre for Asia Pacific Aviation and Reuters.

Kenya Airways (-4.5%) was the only African carrier to drop. The Nairobi Stock Exchange fell by -1.3%. Jazeera Airways (-3.8%) and Royal Jordanian Airlines (-2.3%) dropped while Air Arabia was steady.

Selected African and Middle Eastern airlines share price movements (% change): 26-May-2010

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