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Blogs » African stock markets
African stock markets
September 29th 2008, at 5:30 PM

Tags: African stock markets

Interesting how the banking crisis in Europe /USA somehow seems to have left the core African markets unscarthed ... almost points to how well intergrated on not our stock markets are .. which ofcourse is a good esp if you are into this African stock markets thing. This could certainly be a good time to look at investing in stock markets across the continent esp in lucrative financial services and resource sectors in Nigeria. For a professional working person this is certainly an opportunity to plough a small percentage of your salary monthly buying stocks across different African markets...while the prices are still down and hold for a 1-2 yr horizon. Focus should be on blue chip stocks like, First Bank (NG), Safaricom (KQ) Celtel Zambia  , Julius Berger NG etc whose prices have been dampened by the credit crunch

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