top story Africa investor Ai40 Weekly Commentary - 20 February 2017

The Ai40 Investor’s Index managed to break a two-week long losing streak and made a robust come-back thanks to a rally by Egyptian equities. Shares from the country composed the majority of the Top Gainers list. The Index value rose by 103 basis points; a gain of 1.1% from last week’s value of 92.95. The Index closed Friday’s session at a value of 93.98. Following weeks of record highs being posted on major stock indexes globally, world markets closed lower on Friday as investors anticipate clarity on President Trump's tax and stimulus plans. In Europe, "the Stoxx 600 closed flat with major bourses mixed and most sectors in negative territory. Banking stocks were among the worst performers on Friday", according to CNBC. Conversely, in the US the major stock indexes gained significantly over the week thanks to strong earnings reports and growing retail sales.




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Uche Orji
CEO of the Nigerian Sovereign Investment Authority, speaks at the Ai Investment Summit
Bob Diamond
Co-Founder, Atlas Mara, speaks at the Ai CEO Institutional Investment Summit
President Mahama
of Ghana speaks at the Ai CEO Institutional Investment Summit
President Museveni
of Uganda speaks at the Ai CEO Institutional Investment Summit

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