Movers & Shakers: April 21, 2016

Botswana: DCI -0.02%, USD 14k

Nothing to report from Gaborone.

Kenya: NSE 20 +0.74%, USD 5.9m

Things slowed down in Nairobi as foreigners remained net sellers with net outflows increasing +34.6%. There was finally some profit taking in Safcom as the telco fell -0.3% on 8.7m shares. EQBNK had a strong day on foreign demand as the counter gained +2.6% with 2.8m shares changing hands. Activity was rather average in KNCB and EABL as 2m shares and 298k shares traded respectively.

Mauritius: Semdex -0.09%, USD 470k

Nothing on the go in Port Louis today with all the major names very quiet with a tiny bit of activity in MCBG (28k shares) and NMH (270k shares).

Nigeria: ASI +0.50%, USD 5.9m

Much of the same in Lagos unfortunately as activity continues to underwhelm. The two heavyweight banking stocks tried to get proceedings going with GTB ($1.7m) and Zenith ($1.2m) the only names to break the $1m mark. On the positive side, banking stocks continued to rally with the sector closing +1.47% higher thanks to Zenith (+2.80%). Consumer stocks (+0.66%) also closed higher thanks to a strong gain in NB (+1.82%).

Please note that the index figure above is correct at the time of writing.

Zimbabwe: Industrials +0.36%, USD 454k

Another slow dow in Harare with some activity in Econet ($290k) and Delta ($143k) leading the way.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.30

8.16

Nigeria

NGN

199.13

0.09

Kenya

KES

101.17

1.16

Mauritius

MUR

35.13

2.05

Botswana

BWP

10.64

5.50

Tanzania

TZS

2195.00

-2.08

Uganda

UGX

3315.00

1.72

Rwanda

RWF

789.50

-5.64

Ghana

GHS

3.83

-0.65

BRVM

XOF

590.34

4.81

Egypt

EGP

8.88

-11.89

Morocco

MAD

9.68

2.66

Tunisia

TNF

2.02

1.13
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