1. Homepage
  2. Equities
  3. South Africa
  4. Johannesburg Stock Exchange
  5. Absa Group Limited
  6. News
  7. Summary
    ABG   ZAE000255915

ABSA GROUP LIMITED

(ABG)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 05/27
172.97 ZAR   +2.90%
05/27ABSA : New Financial Instrument Listing - ASN857
PU
05/26ABSA : New Financial Instrument Listing - ASN856
PU
05/23ABSA : opens a new art gallery in Johannesburg
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Absa Trains Journalists On Financial Markets

01/20/2022 | 06:06am EDT

Absa Bank Uganda has hosted selected journalists to an in-depth analysis of the financial markets ahead of the unveiling of the 2021 Africa Financial Markets Index (AFMI) report on Tuesday January, 25, 2022.

Absa Bank Uganda has hosted selected journalists to an in-depth analysis of the financial markets ahead of the unveiling of the 2021 Africa Financial Markets Index (AFMI) report on Tuesday January, 25, 2022.

The training, led by David Wandera, Absa Uganda's Executive Director and Head of Markets, was aimed at providing a platform for the media to get a better understanding of Uganda's financial markets.

The index is conducted by Absa Group in partnership with the Official Monetary and Financial Institutions Forum (OMFIF) acts as a guide to be used by policymakers and market participants to promote open, accessible and transparent markets that are best placed to mobilise capital and promote investment on the continent.

It measures the performance of 23 African countries across six pillars including market depth; access to foreign exchange; market transparency, tax and regulatory environment; capacity of local investors; macroeconomic opportunity and enforceability of standard financial markets master agreements.

"The index is a measure of the various factors that would attract investors to Uganda, and the importance of unveiling it here is to bring to light the areas in which we are doing well and those in which we need to improve,"Wandera said.

According to the 2021 AFMI report, Uganda remained in 10th position, the same as the previous year and maintaining a score of 52, mostly attributed to the introduction of a revamped primary dealer system by the Central Bank in September 2019 to spur bond market activity.

Copyright Nile Post News. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

All news about ABSA GROUP LIMITED
05/27ABSA : New Financial Instrument Listing - ASN857
PU
05/26ABSA : New Financial Instrument Listing - ASN856
PU
05/23ABSA : opens a new art gallery in Johannesburg
PU
04/29ABSA : Interest Payment Notification - ABGI and BIABS
PU
04/26ABSA : Disposal of securities by Barclays PLC
PU
04/25ABSA : New Financial Instrument Listing - ASN842; ASN845; ASN846 & ASN847
PU
04/22ABSA : Interest Payment Notification - BIABS and ABGI
PU
04/22Barclays halves its stake in South African bank Absa in £526m sell-off
AQ
04/21FTSE 100 Lags Wider Market Amid Basic Resources Weakness
DJ
04/21ABSA : Dealings by Directors, Prescribed Officers and Company Secretary of Absa Group
PU
More news
Financials
Sales 2022 93 077 M 5 976 M 5 976 M
Net income 2022 21 490 M 1 380 M 1 380 M
Net Debt 2022 - - -
P/E ratio 2022 6,97x
Yield 2022 7,81%
Capitalization 144 B 9 216 M 9 216 M
Capi. / Sales 2022 1,54x
Capi. / Sales 2023 1,44x
Nbr of Employees 35 267
Free-Float 86,4%
Chart ABSA GROUP LIMITED
Duration : Period :
Absa Group Limited Technical Analysis Chart | ABG | ZAE000255915 | MarketScreener
Technical analysis trends ABSA GROUP LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 172,97 ZAR
Average target price 202,60 ZAR
Spread / Average Target 17,1%
EPS Revisions
Managers and Directors
Arrie Rautenbach Group Chief Executive Officer & Executive Director
Jason P. Quinn Group Financial Director & Executive Director
Matthews Sello Moloko Chairman
Wilhelm Krige General Manager-Group Strategy
Saviour Chibiya Managing Director-Regional Operations