Movers & Shakers: August 15, 2014


Botswana: DCI -0.07%, USD 1.45m

A much better day in Gaborone with value traded amounting to USD 1.45m thanks to crosses in Letshego (3.44m shares) and Sefalana (500k shares).

Egypt: Closed for the day.

Kenya: NSE 20 +0.47%, USD 5.7m

Another dull day in Nairobi with turnover amounting to $5.7m (61.4%) as locals continue to dominate proceedings. Foreigners (96.1%) were behind the selling pressure in EQBNK as the name fell -0.5% on 3.27m shares while they were the majority buyers (68.6%) in KNCB as the counter managed to gain 0.9%. A local cross in ARML helped boost activity somewhat as 465k shares traded. Kenya Re shed 1.1% with investors showing disappointment in management’s new strategy which led investment income to rise 9%y/y after recording a 25%y/y rise for a similar period last year.

Mauritius: Closed for the day.

Nigeria: ASI -0.89%, USD 16.28m

Not much on the go in Lagos as the week ended off on a rather somber note with turnover amounting to $16.28m. There was some action in the likes of Zenith ($2.18m), Transcorp ($2.15m), GTB ($2.09m) and Access ($1.99m). Banks (-0.70%) continued to come under pressure with UBA (-3.36%) and Zenith (-1.04%) being the major drags on the sector. Consumers (-0.04%) closed slightly lower with Flour Mills (-3.49%) being the worst hit.

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

Zimbabwe: Industrials -0.27%, USD 2.37m

Another solid day in Harare from an activity point of view with turnover amounting to $2.37m with crosses in Econet ($817k), Innscor ($550k), Delta ($429k) and OK Zim ($244k) driving proceedings. The market closed lower with the Industrial Index falling -0.27%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.56

-0.70

Nigeria

NGN

162.05

-1.08

Kenya

KES

88.15

-2.10

Mauritius

MUR

30.63

-1.89

Botswana

BWP

8.81

-0.74

Tanzania

TZS

1664.00

-4.45

Uganda

UGX

2605.00

-2.99

Rwanda

RWF

690.50

-2.10

Ghana

GHS

3.85

-38.31

BRVM

XOF

492.66

-2.56

Egypt

EGP

7.14

-2.78

Morocco

MAD

8.35

-2.05

Tunisia

TND

1.71

-4.30

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