Movers & Shakers: December 17, 2014


Botswana: DCI -0.08%, USD 273k

Things slowed down in Gaborone today as turnover amounted to $273k with some action in Letshego (385k shares) the only name worth mentioning.

Kenya: NSE 20 -0.85%, USD 19.4m

Things slowed down in Nairobi today but it was still very active as turnover amounted to $19.4m as locals continued to dominate proceedings. There was some foreign selling pressure on Safcom as the telco fell -3.6% on 32.75m shares. There was a large local cross in Centum as 6.36m shares changed hands. There were a few foreign crosses in BATK as 177k shares traded in the usually very illiquid name. KNCB closed the day -1.8% lower on foreign selling pressure while EABL closed the day unchanged.

Mauritius: Semdex -0.34%, USD 7.51m

A very impressive day in Port Louis as tunover amounted to $7.51m thanks to a large cross in NMH (2.58m shares) on the crossing board. Elsewhere there was some activity in MCBG as 99k shares traded in the name while SBMH was very quiet.

Nigeria: ASI -2.78%, USD 33.2m

A better day in terms of activity in Lagos as turnover amounted to $33.2m, but unfortunately the blood bath continued with the ASI falling -2.78%. There was some activity in the likes of GTB ($12.01m), NB ($5.14m), Nestle ($4.31m), ETI ($1.95m) and Zenith ($1.44m). Banks took an absolute beating as the Index fell -4.42% with all the tier-1 names closing limit down. Consumers (-3.63%) were also very weak with Flour Mills (-9.72%), PZ Cussons (-9.71%), Unilever (-5.00%) and NB (-4.83%) to name a few dragging the sector lower.

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

Zimbabwe: Industrials -0.64%, USD 2.67m

A much better day in Harare from an activity point of view with turnover amounting to a very respectable $2.67m thanks to some action in DAWN ($1.03m), Delta ($650k) and ECO ($478k). The market continues to fall with the Industrial Index closing -0.64% lower.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.67

-10.12

Nigeria

NGN

186.85

-14.21

Kenya

KES

90.40

-4.54

Mauritius

MUR

31.42

-4.36

Botswana

BWP

9.51

-7.92

Tanzania

TZS

1710.00

-7.02

Uganda

UGX

2775.00

-8.94

Rwanda

RWF

697.61

-2.62

Ghana

GHS

3.19

-25.55

BRVM

XOF

529.28

-9.31

Egypt

EGP

7.15

-2.86

Morocco

MAD

8.84

-7.53

Tunisia

TND

1.84

-10.87

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