Movers & Shakers: December 19, 2014


Botswana: DCI +0.06%, USD 1.71m

A much better day in Gaborone thanks to a cross in Letshego (4.71m shares) as turnover amounted to $1.71m.

Kenya: NSE 20 -0.96%, USD 9.9m

A much slower day in Nairobi although value traded still amounted to a very respectable $9.9m as activity was pretty evenly split between locals and foreigners. Foreign buying interest pushed Safcom +1.1% as 24.43m shares traded in the telco. Local selling pressure pushed EABL -7.3% lower as 657k shares traded in the brewer thanks to an early cross. Local demand drove KNCB +1.0% higher while EQBNK closed the day unchanged.

Mauritius: Semdex -0.24%, USD 2.61m

A very solid day from an activity point of view to end the week in Port Louis as turnover amounted to $2.61m with some activity MCBG (162k shares), NMH (164k shares) and SBMH (6m shares).

Nigeria: ASI +3.40%, USD 164m

An absolutely mammoth day in Lagos as turnover amounted to $164m thanks to a cross of 3.53bn shares in UBN with AMCON being the seller while Atlas Mara was the buyer. The rest of the market was rather quiet with some action in Seplat ($3.06m), FBNH ($2.49m) and Flour Mills ($2.02m). It was good to see buyers in the market again today as the Bank Index gained an impressive +5.19% thanks to UBA (+10.20%), Access (+10.00%) and Zenith (+6.18%) while the rest of the sector was also very strong. Consumers (+2.07%) also continued to rally thanks to NB (+5.00%), Guinness (+5.00%) and Dnagote Sugar (+5.00%). Cements were also strong with DangCem and WAPCO gaining +4.58% and 4.99% respectively.

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

Zimbabwe: Industrials -0.65%, USD 686k

Another slow day in Harare as turnover amounted to $686k with some action in Econet ($436k) and Delta ($199k) while the market closed the day lower with the Index falling -0.65%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.57

-9.37

Nigeria

NGN

183.55

-12.67

Kenya

KES

90.45

-4.59

Mauritius

MUR

31.65

-5.06

Botswana

BWP

9.51

-7.70

Tanzania

TZS

1693.00

-6.08

Uganda

UGX

2775.00

-8.94

Rwanda

RWF

701.02

-3.57

Ghana

GHS

3.19

-25.65

BRVM

XOF

536.65

-10.54

Egypt

EGP

7.14

-2.81

Morocco

MAD

8.95

-8.59

Tunisia

TND

1.86

-11.70

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