December 6

Oldest African stock exchanges?

Last Updated on 6 December, 2022 by Samuelsson

Oldest African stock exchanges?

The oldest African stock exchanges are the Johannesburg Stock Exchange (JSE) in South Africa, which was established in 1887, and the Egyptian Exchange (EGX) in Cairo, which was established in 1903.

The JSE is the largest stock exchange in Africa and the 19th largest in the world. It is home to the largest number of listed companies on the continent, and is a key driver of investment and economic growth in the region.

The EGX is the second largest stock exchange in Africa and is the largest in the Middle East and North Africa (MENA) region. It is home to companies from sectors such as banking, insurance, telecommunications, food processing, and engineering.

The Casablanca Stock Exchange (CSE) in Morocco is the third oldest African stock exchange. It was founded in 1929 and is the largest exchange in the MENA region after the EGX. It is home to over 200 listed companies, and is a major source of funding for Moroccan companies.

The Nigerian Stock Exchange (NSE) is the fourth oldest African exchange, having been established in 1960. It is the second largest exchange in Africa in terms of market capitalization, and is the largest stock exchange in West Africa. It is home to over 200 listed companies, with the banking sector being the largest contributor to the index.

The last of the five oldest African stock exchanges is the Botswana Stock Exchange (BSE), which was founded in 1989. The BSE is the only stock exchange in the Southern African region, and is the largest exchange in the region in terms of market capitalization. It is home to over 40 listed companies, and is a major source of funding for Botswana’s companies.

History of African stock exchanges?

The history of African stock exchanges dates back to the late 19th century, when the first stock exchange was established in South Africa in 1887. Since then, numerous other exchanges have been founded throughout the continent, with the majority of these exchanges being established in the 20th century.

In 1906, the Johannesburg Stock Exchange was founded in South Africa, becoming the first stock exchange in the continent to trade publicly listed companies. The JSE quickly became the largest stock exchange in Africa and remains one of the most important stock exchanges today.

In 1913, the Cairo & Alexandria Stock Exchange was established in Egypt, becoming the first stock exchange in the Middle East and North Africa region. The exchange was initially established to trade shares in the Suez Canal Company, but eventually began trading other securities as well.

In 1923, the Nigerian Stock Exchange was founded in Lagos, becoming the first stock exchange in West Africa. The exchange initially only listed shares in Nigerian companies, but eventually began listing foreign companies as well.

In 1945, the Stock Exchange of Mauritius was established in Port Louis, becoming the first stock exchange in the Indian Ocean region. The exchange initially only listed shares in Mauritian companies, but eventually began listing securities from other countries in the region.

In 1957, the Nigerian Stock Exchange began listing companies from other African countries, making it the first African exchange to do so. This marked the beginning of a wave of cross-listing that would eventually lead to the establishment of numerous other exchanges throughout the continent.

In 1988, the East African Stock Exchange was established in Nairobi, becoming the first stock exchange in East Africa. The exchange initially only listed shares in East African companies, but eventually began listing securities from other countries in the region.

Today, there are more than twenty stock exchanges across Africa, with the majority of these exchanges being located in South Africa, Egypt, and Nigeria. These exchanges have become increasingly important in the global financial system, with a number of African exchanges now being included in international indices such as the MSCI World Index.

Which African stock exchanges are the biggest?

1. The Johannesburg Stock Exchange (JSE) in South Africa is the largest and oldest exchange on the African continent. It is one of the 20 largest exchanges in the world in terms of market capitalization. The JSE offers a variety of products and services, including equities, indices, currency derivatives, and commodities. The exchange has more than 400 listed companies, with a total market capitalization of over $1.5 trillion.

2. The Egypt Exchange (EGX) is the second largest stock exchange in Africa. It is located in Cairo, Egypt, and was founded in 1883. EGX has over 200 listed companies and a market capitalization of more than $300 billion. It offers a variety of products and services, including equities, indices, bonds, and derivatives.

3. The Nigerian Stock Exchange (NSE) is the third largest stock exchange in Africa. It is located in Lagos, Nigeria, and was founded in 1960. NSE has more than 200 listed companies and a total market capitalization of over $100 billion. It offers a variety of products and services, including equities, indices, bonds, and derivatives.

4. The Casablanca Stock Exchange (CSE) is the fourth largest stock exchange in Africa. It is located in Casablanca, Morocco, and was founded in 1929. CSE has more than 200 listed companies and a total market capitalization of over $80 billion. It offers a variety of products and services, including equities, indices, bonds, and derivatives.

5. The Bourse de Tunis (BVMT) is the fifth largest stock exchange in Africa. It is located in Tunis, Tunisia, and was founded in 1969. BVMT has more than 100 listed companies and a total market capitalization of over $50 billion. It offers a variety of products and services, including equities, indices, bonds, and derivatives.


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