African stock market closing report | South African stock index surpasses the psychological barrier of 90,000 points, and the Nigerian stock market hits a record high at the close.

On Friday, the South African FTSE/JSE Africa Top 40 Index rose 1.52% to 90,973.71 points, closing above the psychological barrier of 90,000 points for the first time in history. It has been trading at high levels since June, with a cumulative increase of 1.76% this week. So far this week, the South African Rand has accumulated a rise of about 1.45% against the US dollar, approaching the peak of 17.4872 Rand on July 4, the highest level since November 8, 2024. The Nigerian Stock Exchange All Shares Index rose 1.00% to 132,000 points, continuously reaching historic highs on daily charts since July 7, with a 5.74% increase for the week. The Mauritius Stock Exchange SEMDEX Index rose 0.04% this week with a cumulative 0.31% decline. The Nairobi Stock Exchange All Share Index rose 0.09% this week with a cumulative decline of 0.71%.