Movers & Shakers: August 18, 2014


Botswana: DCI -0.12%, USD 120k

Not much on the go in Gaborone as value traded amounted to USD 120k with Letshego

Country

Notation

Currency

YTD %

South Africa

ZAR

10.62

-1.31

Nigeria

NGN

161.95

-1.02

Kenya

KES

88.25

-2.21

Mauritius

MUR

30.60

-1.80

Botswana

BWP

8.86

-1.09

Tanzania

TZS

1666.00

-4.56

Uganda

UGX

2605.00

-2.99

Rwanda

RWF

690.50

-2.10

Ghana

GHS

3.86

-38.55

BRVM

XOF

493.88

-2.78

Egypt

EGP

7.15

-2.83

Morocco

MAD

8.37

-2.27

Tunisia

TND

1.72

-4.44

accounting for 73% of turnover.

Egypt: EGX 30 -1.35%, USD 114m

The market finally witnessed some profit-booking after trading in the green for the fifth consecutive sessions, leaving the EGX30 to end the day down 1.35% to close at 9316 points on average volumes of USD 114m. This comes after Egypt showed no intentions of requesting the USD10.4 billion IMF loan. COMI (-3.74%) led market volumes and ended the day at EGP45.50/share with 2.3 million shares changing hands. HELI lost 1% on twice the three-month average turnover. Institutional investors were net sellers worth EGP40 million, targeting HRHO (-5.89%), PHDC (-2.71%), and TMGH (-1.52). A decent rally in SVCE on approximately four times the average turnover, adding 3.08%. Foreigners were net sellers accounting for approximately 14.31% of market participation.

Kenya: NSE 20 -0.05%, USD 7.4m

It was a much better day in Nairobi as activity increased thanks to a jump in foreign participation with turnover amounting to $7.4m. Large foreign crosses in Safcom (+0.4%) dominated proceedings as the telco accounted for 53.3% of turnover with 26.87m shares changing hands. Foreigners dominated sales in EQBNK as 1.57m shares traded while they dominated both sides in EABL as 240k shares traded in the brewer. BATK touched a new 52-week high of KES 750 on the back of local demand.

Mauritius: Semdex +0.37%, USD 1.94m

A solid start to the week in Port Louis after the long weekend with value traded amounting to USD 1.94m. There was some solid action in the likes of MCBG (129k shares) and NMH (135k shares) while SBM was rather quiet.

Nigeria: ASI -0.02%, USD 13.1m

Another extremely dull start to the week in Lagos as turnover amounted to $13.1m. There was some activity (albeit very thin) in the likes of Zenith ($2.4m), GTB ($1.69m) and NB ($875k). FBNH (-1.48%) and UBA (-0.97%) were drags on the sector as the bank index fell -0.14%. Consumers (-0.09%) also ended the day lower with some weakness in Flour Mills (-7.39%) and Guinness (-0.82%) while NB managed to close +1.05% higher.

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

Zimbabwe: Industrials +1.24%, USD 2.25m

It was a good start to the week in Harare from an activity point of view with turnover amounting to USD 2.25m thanks to the likes of Econet ($781k), Delta ($410k) and ART ZDR ($332k). The market closed the day higher with the Industrial Index gaining 1.24%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.26

-6.86

Nigeria

NGN

162.45

-1.32

Kenya

KES

86.45

-.17

Mauritius

MUR

30.40

-1.15

Botswana

BWP

9.13

-4.43

Tanzania

TZS

1622.50

-2.00

Uganda

UGX

2474.50

+2.12

Rwanda

RWF

680.50

-0.66

Ghana

GHS

2.45

-3.06

BRVM

XOF

486.33

-1.68

Egypt

EGP

6.96

-0.24

Morocco

MAD

8.29

-1.32

Tunisia

TND

1.60

+2.64

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