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African shares on the rise while the JSE increases for third day

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%.

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