Capital Market
The Ethiopian Securities Exchange has admitted Abay Bank S.C. as its fifth financial institution. A bell ringing ceremony is scheduled for June 25, 2026.
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The Composite Stock Price Index (IHSG) is poised to continue rising toward nearly 7,500 in Friday's trading session on April 10, 2026. Binaartha Sekuritas analyst Ivan Rosanova stated this following the index's 0.39 percent gain to 7,307.58 on Thursday.
The Ethiopian Capital Markets Authority has relaxed enforcement on companies missing the share registration deadline. This accommodation addresses compliance struggles amid challenges like high fees and limited providers. Progress includes collaborations among microfinance institutions and upcoming mobile trading platforms.
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Ethiopia's authority has imposed tighter financial controls on capital market participants. The development was reported by Addis Fortune.