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16:35
Iran war weakens appeal, South African bond outflows surge
Due to foreign investors losing interest in this emerging market trade, which has been the most favored in recent months, non-resident investors last week made a net sale of 41.3 billion rand (approximately $2.45 billion) in government bonds. According to the latest data from the Johannesburg Stock Exchange (JSE) tracking settled trades, this is the largest weekly outflow on record since 2019. Expand
16:31
African Stock Market Closing Report|On Tuesday (March 17), the South Africa FTSE/JSE Africa Top 40 Tradable Index closed up 0.63%, approaching 110,000 points.
The Nigerian Stock Exchange All Share Index rose by 0.54%, surpassing 203,000 points, marking a historic closing high for the third consecutive trading day. The Mauritius Stock Exchange SEMDEX Index closed down by 0.42%, and the Kenya Nairobi Stock Exchange All Share Index closed down by 0.25%.
16:17
US Stock Market Movement | Drone Military Technology Company Swarmer (SWMR.US) Debuts on US Stock Market, Opening Surge of 315.4%
IPO price is $5. The company primarily develops AI-driven drone swarm control systems, enabling multiple drones to collaborate and execute tasks automatically through software. Application scenarios include military reconnaissance and battlefield information gathering. The company’s core products include a drone operating system and an AI command platform, which allow drone clusters to fly cooperatively in complex environments. Although the company is currently small in scale and has limited revenue, it operates at the intersection of AI and defense technology, and with the growing demand for drone combat technology, Swarmer has attracted some investor attention after its listing. However, market participants believe the company is still in its early stages, and its future commercialization capabilities remain to be observed.
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