TABLE-Africa 40 index leaders and laggards in past week
JOHANNESBURG, July 6 (Reuters) - Guaranty Trust Bank of Nigeria GTB.LG was the top-performing stock in Africa, excluding South Africa, in the week to July 3, according to Nex Rubica data released on Monday.
Below is a table of the five best and worst performing stocks based on the Nex-Rubica Africa 40 Index of African equities excluding South Africa:
Top Five Pct change Pct change YTD
Guaranty Trust Bank GTB.LG 21.29 13.95
United Bank of Africa (UBA.LG: Quote) 16.21 11.79
Sidi Kerir Petrochemicals (SKPC.CA: Quote) 13.47 20.83
Dangote Sugar DANG.LG 12.61 12.90
First Bank of Nigeria FBNP.LG 12.19 4.22
Bottom Five Pct change Pct change YTD
Intercontinental Bank INBK.LG -2.45 -36.48
State Bank of Mauritius SBML.MZ -8.00 35.29
African Petroleum APET.LG -5.24 -66.15
Addoha (ADH.CS: Quote) -4.44 36.43
Wafa Assur (WASS.CS: Quote) -4.20 0.84
Note - The Nex-Rubica methodology ranks shares with a minimum market capitalisation of $500 million and a free float of greater than 25 percent within each issuer. It is a free float adjusted, market cap weighted index that aims to capture over 50 percent of the (publicly available) total market capitalisation of stocks in the region.
It applies cross-ownership and local legal restriction screens to stocks with a market cap greater than one percent of each country's total. Component companies are adjusted for available float, unavailable strategic shareholdings and limitations to foreign ownership.
For more information contact info@nexrubica.com
(Compiled by Tiisetso Motsoeneng; Editing by Dan Lalor)
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