Movers & Shakers: April 19, 2012

Botswana: DCI +0.15%, Vols USD 625k

A decent day in Gaborone volume wise with USD 625k worth exchanging hands today. Sechaba saw 41% of the day's turnover with 156,700 shares trading 15t higher at 1230t. NAP was also actively traded in with 533,261 shares trading 5t higher at 230t, contributing to 27% of the turnover. Primetime added on 1t while WIL ended the day 5t lower at 335t.

Egypt: EGX 30 +0.76%, Vols USD 51m

The market managed to end the day higher, leaving the EGX30 to end the day up 0.76% to close at 4707.99 points. Market volumes were deceiving, market traded a total turnover of USD 51mil in which more than 30% was attributed to on cross in JUFO. Market witnessed a static trading session as EMOB and OTMT were suspended from trading on the back of news that the EFSA (Egyptian Financial Supervisory Authority) is still studying the documents submitted by the French company. Institutional investors (International) continue to book profits along with local retail investors who were net buyers all week, this came on the back of increase political uncertainty.

Investor mix:
•  Foreigners were net Sellers by 110.63 mn EGP and were 33.60% of the market.
•  Egyptians were net Buyers by 21.87 mn EGP and were 49.11% of the market.
•  Arabs were net Buyers by 88.75 mn EGP and were 17.29% of the market.
•  Institutions were net Sellers by 85.37 mn EGP and were 43.25 of the market.
•  Retail were net Buyers by 85.37 mn EGP and were 56.74% of the market.

Kenya: NSE 20 +1.29%, Vols USD 2.55mill

A much quieter day in Nairobi today in volume wise although the market found some solid buying interest with the NSE20 closing up 1.29%. The most activity was focused on EABL which saw foreign buying very evident. The name closed up 1.46% at KES 209. A small cross went through in BATK with the name closing up 15.38% at KES 315. Most of the other large cap names were relatively quiet yet all closed in the black, EqBnk closing up 25bps at KES 19.90, KNCB closing up 1.06% at KES 23.75 and Safcom closing up 1.54% at KES 3.30.

Mauritius: Semdex +0.17%, Vols USD 903k

The Semdex edged up 0.17% while the Semdex increased by 0.28%. MCB traded 0.61% higher at Rs165 while SBM traded 0.62% higher at Rs81.50. Rogers lost 1.47% at RsRs334 on thin vols. Sun recorded a cross of 110k shares at Rs39.20. Lux traded at Rs21 while NMH was unchanged at Rs71. Air Mauritius lost 1.7% to Rs11.60.

Nigeria: ASI +1.40%, Vols USD 19.50m

Strong day in Nigeria today with the ASI gaining 1.40% to close at 21,388.87. Banks led the charge higher with the Bank10 Index gaining 3.34%. First Bank continues to perform exceptionally well post results with the name closing limit up yet again at 10.71 on 43m shares. Earnings season continued today with GTB releasing solid Q1 2012 results showing an increase in PAT of 34.79%. The market seemingly like the numbers with the counter closing net bid (up 4.97%) at 15.41. UBA also released solid Q1 numbers during the session with PAT increasing 253.55% which pleased the market as the name also closed limit up at 2.68. Nigerian Breweries was extremely active today with 5.7m shares changing hands as a result of a number of decent crosses going through at various levels, and is yet another counter that is doing well post results. All in all the market was relatively active with total value traded amounting to $19.50m.

South Africa: Top 40 0.22%, Vols USD 1.51bn

The JSE ended the day higher with the Top 40 Index gaining 0.22% to close at 30,110 while value traded amounted to USD 1.51bn. Resources were the day's biggest gainers with the Index gaining 0.74% followed by Industrials which gained 0.35% while Financials fell 0.12%. The Rand was trading at 7.86 and 10.31 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE -0.14%, Vols USD 240k

Decent enough day in Zambia with value traded amounting to USD 240k thanks to a cross in Zambeef and Zambia Sugar. The names that traded today included AELZ, LAFA, NATB, PUMA, SCBL, ZABR, ZMBF, ZMFA, ZNCO, and ZSUG. ZMBF was the biggest contributor towards turnover with value traded in the name amounting to USD 107k. ZSUG was the second biggest contributor towards turnover with value traded in the name amounting to USD 91k.

Zimbabwe: Industrial +0.03%, Mining -1.54%, USD 784k

After a mid week break, the market traded in opposite directions with the Industrial index up 0.03% while the Mining's index gave up 1.54%. Total turnover stood at USD 784k. PPC added on 9c to end the day at 260c. Delta traded 1.03c higher at 69.13c. Old Mutual led the losers closing 26c lower at 150c. OK Zim lost 0.51c at 10c. On the Mining's side, Rio Zim lost 3c at 55c while Bindura was unchanged at 3c.