Bank of Abyssinia Shares Jump Over 87% in ESX Debut
Bank of Abyssinia shares traded as high as 3,000 birr during their debut on the Ethiopian Securities Exchange on Tuesday, representing an intraday increase of 87.5 percent from the bank’s 1,600 birr reference price. The private lender became the sixth company admitted to the ESX Main Market and began trading under the ticker BOAX. Trading...