Market Insight: May 18, 2015

Nigeria

•  ASI +7bps, $7mill
•  There were small bits of action in GTB ($1.13m) and Access ($1.02m) the only names worth mentioning.

It was an absolute dire end to the week last week and without any catalyst so spur on activity we expect much of the same today, with the odd cross going through in select names.

Kenya

•  NSE20 +2bps, $19.8mill
•  Large foreign crosses in EABL were the highlight of the day as a total of 2.43m shares changed hands with the brewer falling -0.3% to close at KES 302.

The market has opened a bit quiet today with EQBNK the biggest mover so far with 91% of total activity on a volume of 850,000 shares at a stable price of shs 49. KCB , COOP and eqbnk are all seeing demand but remain fairly stable as well. Biggest gainer at this time is EABL trading at shs 318 on 100 shares but the price will dip as we session continues. most demand on the name is at between 302-304 levels. The biggest losers are the oil firms iwith total kenya , down 4.1% on a volume of 700 shares trading at shs 23. knoc , down 3.37% on 2400 shares at shs 8.60.

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Botswana

•  DCI +9bps, $889k

Mauritius

•  Semdex +56bps, $5.11mil

Zimbabwe

•  Ind -10bps, $1.1mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.81

-2.05

Nigeria

NGN

199.02

-7.83

Kenya

KES

95.90

-5.53

Mauritius

MUR

34.60

-8.24

Botswana

BWP

9.71

-2.52

Tanzania

TZS

2015.00

-14.00

Uganda

UGX

2995.00

-7.48

Rwanda

RWF

690.00

-0.03

Ghana

GHS

3.93

-18.23

BRVM

XOF

577.22

-6.05

Egypt

EGP

7.62

-6.17

Morocco

MAD

9.59

-5.29

Tunisia

TND

1.91

-2.55

contacts
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  • South Africa +27 11 268 5833
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