Movers & Shakers: August 29, 2016

Botswana: DCI +0.14%, USD 16k

Nothing to report from Gaborone.

Kenya: NSE 20 -2.89%, USD 19.2m

An extremely active day in Nairobi to start the week thanks mostly to Safcom (+1.8%) as 46.3m shares changed hands in the telco thanks to a few large foreign crosses in the name. The two major banking stocks KNCB (-9.3%) and EQBNK (-9.3%) continue to take some serious strain, but we did see some appetite return at these lower levels with 18.7m shares and 16.2m shares traded in the names respectively. It must however be said that both names were net offered at the close. It will be interesting to see if the buyers from today were just opportunistic buyers or if there will be some genuine interest in the names. Nothing on the go in EABL as 13k shares traded in the brewer.

Mauritius: Semdex -0.22%, USD 980k

A rather average day in Port Louis from an activity point of view with MCBG once again the only name worth mentioning as 132k shares changed hands in the heavyweight.

Nigeria: ASI -0.30%, USD 2.2m

A completely woeful day to start the week in Lagos with turnover amounting to a paltry $2.2m after the start of the session was delayed due to technical issues. Both banks (-0.54%) and consumers (-0.43%) ended the session lower, but there are no names worth mentioning with volumes being so dire.

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

Zimbabwe: Industrials +0.01%, USD 115k

Much of the same in Harare from an activity point of view as the lack of interest continues.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.45

7.04

Nigeria

NGN

327.00

-39.05

Kenya

KES

101.38

0.91

Mauritius

MUR

35.38

1.33

Botswana

BWP

10.80

6.62

Tanzania

TZS

2185.00

-1.63

Uganda

UGX

3380.00

-0.24

Rwanda

RWF

805.00

-7.45

Ghana

GHS

3.98

-4.28

BRVM

XOF

595.93

3.78

Egypt

EGP

8.88

-11.88

Morocco

MAD

9.75

1.83

Tunisia

TNF

2.21

-7.55
contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833
Quick links