• ASI -1bps, $11.2mill
• Absolutely nothing on the go yesterday
We expect trading to remain muted in the absence of any market catalyst with a few crosses in select names dominating proceedings.
• NSE20 -9bps, $7.1mill
• Foreigners dominated activity yesterday
The market has opened the day with relatively low volumes. BAT is the largest mover, unchanged fore the day at KES 700. Mumias Sugar is up 9.5% (no supply) ahead of a presidential visit to the western region where the factory is based. An announcement and detail of the KES 1bn bailout loan is expected to be announced. Safaricom & NMG are trending slightly higher, unaffected, after the term of the Communications Authority of Kenya director general got renewed for another 4 years. Equity Bank also notched higher after news that Helios had sold a 2.44% stake to NSSF Uganda (the social security fund) at a price of KES 50/= per share (premium to market). Helios appears to be disposing its stake in the bank, but in blocks to strategic investors.
• DCI +1bps, $43k
• Semdex -5bps, $840k
• Ind -86bps, $949k
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
12.22 |
-5.30 |
Nigeria |
NGN |
198.85 |
-7.74 |
Kenya |
KES |
98.87 |
-8.36 |
Mauritius |
MUR |
35.15 |
-9.68 |
Botswana |
BWP |
9.89 |
-3.85 |
Tanzania |
TZS |
2285.70 |
-24.18 |
Uganda |
UGX |
3310.00 |
-16.28 |
Rwanda |
RWF |
735.75 |
-6.24 |
Ghana |
GHS |
4.41 |
-27.04 |
BRVM |
XOF |
589.96 |
-8.09 |
Egypt |
EGP |
7.62 |
-6.23 |
Morocco |
MAD |
9.73 |
-6.76 |
Tunisia |
TND |
1.94 |
-4.18 |