Movers & Shakers: April 29, 2016


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Botswana: DCI -0.08%, USD 86k

A quiet end to the week and month in Botswana.

Kenya: NSE 20 +0.48%, USD 2.7m

A rather dire day to end the week from an activity point of view in Nairobi as foreign participation fell to 59.8%. Safcom was the only name worth mentioning from a turnover point of view as the telco closed the day unchanged on 6.7m shares. Both major banking stocks KNCB and EQBNK closed the day flat on small volume.

Mauritius: Semdex +0.50%, USD 2.2m

An active end to the month in Mauritius mostly thanks to MCBG (+1.0%, Rs211.00) while there was also a cross in PBL (unch, Rs358.00).

Nigeria: ASI +0.42%, USD 7.5m

Much of the same in Lagos to end the week with activity continuing to underwhelm. There was a small bit of activity in Zenith ($1.6m), NB ($1.1m) and Nestle ($1m) while the rest of the market was very dull. Banking stocks managed to close higher yet again with the sector gaining +0.94% thanks to Zenith (+3.42%). Consumers (+2.29%) had a strong day thanks to a good performance from NB as the brewer gained an impressive +4.99%.

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

Zimbabwe: Industrials +2.92%, USD 4.5m

A massive day in Harare today thanks to a couple of crosses in Delta. Delta also drove market direction as the name closed much higher at 70c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.20

8.89

Nigeria

NGN

199.05

0.13

Kenya

KES

101.20

1.14

Mauritius

MUR

35.00

2.43

Botswana

BWP

10.58

5.95

Tanzania

TZS

2191.00

-1.90

Uganda

UGX

3320.00

1.57

Rwanda

RWF

773.77

-3.72

Ghana

GHS

3.79

0.40

BRVM

XOF

582.54

6.20

Egypt

EGP

8.87

-11.78

Morocco

MAD

9.61

3.54

Tunisia

TNF

2.00

1.78

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