Movers & Shakers: April 24, 2015


Botswana: DCI +0.16%, USD 25k

Another dull day in Gaborone as turnover amounted to $25k.

Kenya: NSE 20 +0.68%, USD 9.8m

A solid day to end the week from an activity point of view with turnover amounting to $9.8m as foreigners accounted for 71.7% of total value traded. A large foreign cross early doors in EQBNK kicked things off as a total of 5.7m shares traded with the name closing at KES 49.50. Foreign demand drove Safcom +0.6% higher as 14m shares changed hands in the telco. There was some activity in the usually illiquid I&M Bank as 1m shares traded with locals dominating purchases while foreigners were the sellers. EABL and KNCB were relatively quiet as 152k shares and 771k shares changed hands in the names respectively.

Mauritius: Semdex -0.05%, USD 2.43m

Not a bad day interms of activity in Port Louis as turnover amounted to $2.43m with SBM (75% of volume) dominating proceedings thanks to foreign participation with the counter closing the day unchanged. Fellow banking competitor MCBG also closed the day unchanged.

Nigeria: ASI -0.02%, USD 20.9m

A slight improvement in activity in Lagos but still nothing to write home about as turnover amounted to $20.9m with some action in UACN ($2.96m), GTB ($2.83m), NB ($2.38m) and UBA ($2.16m) the only names worth mentioning. Banks came under pressure as the sector fell -0.63% thanks to weakness in Access (-5.82%), UBA (-5.00%) and ETI (-1.44%). Consumers (-0.07%) closed slightly lower with NB (-1.31%, after releasing results yesterday) and Dangote Sugar (-0.69%) dragging the sector lower.

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

Zimbabwe: Industrials +0.01%, USD 706k

Econet (unch, 49c), Delta (unch, 106c) and CBZ (unch, 10c) were the most actively traded names in the session, contributing $196k, $105k and $176k respectively. Most counters closed unchanged with volumes remaining thin across the board.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.18

-5.10

Nigeria

NGN

197.55

-7.25

Kenya

KES

94.25

-3.87

Mauritius

MUR

35.80

-11.31

Botswana

BWP

10.00

-3.19

Tanzania

TZS

1980.00

-12.47

Uganda

UGX

3002.50

-7.79

Rwanda

RWF

707.60

-2.51

Ghana

GHS

3.85

-16.75

BRVM

XOF

607.76

-10.81

Egypt

EGP

7.61

-6.13

Morocco

MAD

9.92

-8.51

Tunisia

TND

1.95

-4.44

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