Movers & Shakers: December 19, 2016


Botswana: DCI -0.32%, USD 103k

Nothing to report.

Kenya: NSE 20 -0.66%, USD 3.1m

The Kenyan market feels like it is already on holiday with a lack of interest perpetuating throughout the market. The only decent action went through yet again in Safcom (+1.3%, KES19.00) as the telco finally found some buying interest returning.

Mauritius: Semdex +0.16%, USD 910k

Once again MCBG (+40bps, Rs214.00) accounted for about half the total turnover while the market itself remains generally sluggish.

Nigeria: ASI -0.45%, USD 5.5m

Another pathetic day in Lagos with some big local action in the little-traded Nascon the highlight of the day. In normal trading we didn’t see any stocks crack the psychological $1m barrier yet again while the market remains rudderless. The main interest today outside of Nascon took place in UBA (unch, N4.50) and Zenith Bank (+7bps, N14.40).

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

Zimbabwe: Industrials -0.97%, USD 204k

A very slow start to the week in Harare with nothing to report.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.06

10.00

Nigeria

NGN

315.13

-36.76

Kenya

KES

102.25

0.05

Mauritius

MUR

36.95

-0.28

Botswana

BWP

10.84

3.42

Tanzania

TZS

2176.60

-1.25

Uganda

UGX

3576.50

-5.72

Rwanda

RWF

822.00

-9.37

Ghana

GHS

4.22

-9.99

BRVM

XOF

631.80

-2.10

Egypt

EGP

18.92

-58.64

Morocco

MAD

10.18

-2.43

Tunisia

TNF

2.32

-11.90

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