Movers & Shakers: April 13, 2012

Botswana: DCI +0.03%, Vols USD 220k

Decent enough day in Botswana today with value traded amounting to USD 220k while the market closed rather flat with the DCI gaining 0.03% to close at 7,075.78. There was another cross in Letshego today with 696k shares changing hands at 150t. NAP (225, +5) and Turnstar (150, +5) were the only names that traded higher on the day while Cresta (104, -1) and Sefalana (275, -5) were the only names that closed lower.

Egypt: Closed for the day.

Kenya: NSE 20 +0.06%, Vols USD 7.25m

An active day in Nairobi to end an otherwise quiet week. Almost half the day vol belonged to EQBNK, with the name closing up 2.05% at KES 19.95 with some decent crossing action at KES 20. Most of this was local participation. KNCB (unch, KES 23.75) was also active as it traded at its 9 month high while Safcom saw heavy foreign participation at the 3.15 level with the telecom provider closing up 1.61% at KES 3.15. KNOC also saw a decent cross go through almost all of which was local. In total, foreign activity was 47% of the buys while only 10% of the sells. Uchumi Supermarkets reversed some of its recent strength with the name closing down 5.12% at KES 13.90.

Mauritius: Semdex +0.07%, Vols USD 1.37m

Another relatively active in Mauritius today with value traded amounting to USD 1.37m thanks to a number of decent sized crosses going through in MCB at 167, a total of 114k shares traded in the name. SBM closed the day flat at 82.00. Hotel counters Rogers and NMH both closed the day flat at 340.00 and 70.00. SWAn surprisingly enough was very active thanks to a cross 15k shares that went through at 315.00. The market closed the day slightly higher with the Semdex gaining 0.07% to close at 1,802.80.

Nigeria: ASI -0.005%, Vols USD 14.04m

A mixed day in Nigeria with the index closing up 0.005% and vols looking a bit more sprightly to end the week. Banking stocks found some buying interest with the BNK10 +36bps on decent volume. Activity was led by Zenith Bank with 46mill shares trading up 70bps to close at N13.00. Guaranty Trust Bank was also active closing up 14bps at N14.54. FCMB saw a large cross go through early on and closed up 4.17% at N4.50. Consumer names were quiet with NB and Guinness much quieter than they have been in recent weeks. In the sector, Nestle saw some strong buying interest, closing up 4.82% at N434.99.
In the fixed income world, yields on Treasury bills fell at a second auction yesterday on high subscriptions after inflation slowed

South Africa: Top 40 -0.48%, Vols USD 1.40bn

The JSE ended the day lower with the Top 40 Index falling 0.48% to close at 29,721 while value traded amounted to USD 1.40bn. Resources were the day's biggest losers with the Index falling 0.81% followed by Industrials and Financials which fell 0.80% and 0.24% respectively. The Rand was trading at 7.94 and 10.38 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE -0.03%, Vols USD 531k

Decent day in Zambia with value traded amounting to USD 531k thanks to crosses in Zambeef and REIZ. The names that traded today included CECZ, REIZ, ZABR, ZMBF, ZNCO and ZSUG. Zambeef was the biggest contributor towards turnover with value traded in the name amounting to USD 351k. REIZ was the second biggest contributor towards turnover with value traded in the name amounting to USD 173k.

Zimbabwe: Industrials -0.16%, Mining Unch, Vols USD 1.67m

Bit of a mixed bag in Zim today with the Industrial Index falling 0.16% to close the week at 134.14 while the Mining Index closed the day flat at 88.80. Rio Zim recorded the only trade in the mining sector with 958 shares changing hands at 0.58. Seedco fell 5.26% to close at 0.90 while Barclays and FBCH fell 2.50% and 3.08% respectively. Econet and Old Mutual managed to stage a gain of 1.33% and 2.33% respectively. There was a special bargain of 1,618,595 Rio shares at 0.55.