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Ethio FidelitySecurities S.C.

Research

Research & insights

Ethiopia's capital market is new, and reliable information about it is scarce. We publish our analysis so clients are not deciding on rumour and secondhand summaries.

Sector analysis

How price is discovered on the ESX order book

A walk through the mechanics of order matching on the Ethiopian Securities Exchange, and what it means for the price you actually receive.

Ethio Fidelity Research
Company note

Duration: why bond prices move when interest rates change

An explanation of interest rate risk in fixed income portfolios, and how duration is used to measure and manage it.

Ethio Fidelity Research

Research disclaimer. Investing in securities involves risk, including the possible loss of principal. The value of investments and the income from them can fall as well as rise, and past performance is not a reliable indicator of future results. Research published on this site is provided for information only and does not constitute investment advice or a recommendation to buy or sell any security. Consider your objectives and financial circumstances, and seek independent advice where appropriate.