Market Insight: July 22, 2015

Nigeria

•  ASI +92bps, $78.9mill
•  A massive bookover in Zenith drove proceedings as a total of $65m worth of stock traded

We are hoping that yesterday's stellar start to the week spills over to today's session, but block trading is once again expected to dominate activity.

Kenya

•  NSE20 -49bps, $7.7mill
•  Safcom (+1.3%) was once again the most active counter yesterday

The market opened the day with the leading movers being on a general decline. Overall, the session is quiet. Kenya Power declined 0.9% on foreign investor trading. Centum also retreated 0.9%. Safaricom was unchanged at KES 15.50. Housing Finance is unchanged after announcing 1H15 results. EABL notched 1.7% on thin volumes. TransCentury, which has been rising on thin volumes, fell 8.8% - on thin volumes. EA Cables also fell 1.3%. Kenya Airways added 1.5% as a Parliamentary committee meeting to investigate the airline continued.

Botswana

•  Closed yesterday

Mauritius

•  Semdex -15bps, $2.6m

Zimbabwe

•  Ind -18bps, $747k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.35

-6.35

Nigeria

NGN

199.25

-7.93

Kenya

KES

101.55

-10.78

Mauritius

MUR

35.65

-10.94

Botswana

BWP

10.02

-5.19

Tanzania

TZS

2135.00

-18.83

Uganda

UGX

3293.00

-15.85

Rwanda

RWF

725.55

-4.93

Ghana

GHS

3.25

-1.00

BRVM

XOF

604.17

-10.23

Egypt

EGP

7.83

-8.65

Morocco

MAD

9.87

-7.89

Tunisia

TND

1.97

-5.74

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833
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