An absolutely dire day in Gaborone with turnover amounting to a paltry $23k.
Another massive day in Kenya with foreigners (>85%) yet again the lion’s share of the market. It was really all about 3 names today – Equity Bank, KNCB and Safcom. What was interesting to note was how a number of strong buyers returned to these names including some local buyers. Equity Bank closed up 1.3% at KES39.25. KNCB and Safcom both lost ground slight – KNCB down 2.1% to KES46.00 and Safcom down 40bps at KES13.95. There was also some mild action in EABL (unch, KES295.00).
Activity dropped quite substantially today with turnover amounting to $760k with no decent crosses worth mentioning as 53k MCBG traded while 11m shares changed hands in SBMH.
Some aggressive buying across the board today in Nigeria. The banks had a second consecutive day of impressive gains (+2.90%). At one stage most of the names were up 5% although there was some selling later in the day. Volumes were led by Zenith (+4.97%, N17.31) and GTB (+2.45%, N25.05). The consumers gained a solid 2.88% although outside of NB (+5%, N127.05) the sector was rather quiet. There was also some decent action in Wapco (+1.74%, N103.00).
Please note that the index figure above is correct at the time of writing.
Activity continues to underwhelm in Harare as turnover amounted to $153k.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
12.81 |
-9.70 |
Nigeria |
NGN |
199.25 |
-7.93 |
Kenya |
KES |
100.80 |
-10.12 |
Mauritius |
MUR |
35.45 |
-10.44 |
Botswana |
BWP |
10.15 |
-6.47 |
Tanzania |
TZS |
2128.21 |
-18.57 |
Uganda |
UGX |
3500.00 |
-20.83 |
Rwanda |
RWF |
726.70 |
-5.08 |
Ghana |
GHS |
3.82 |
-15.77 |
BRVM |
XOF |
608.51 |
-10.92 |
Egypt |
EGP |
7.82 |
-8.64 |
Morocco |
MAD |
9.88 |
-7.90 |
Tunisia |
TND |
1.98 |
-6.02 |