Nothing to report.
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.
Once again MCBG (+40bps, Rs214.00) accounted for about half the total turnover while the market itself remains generally sluggish.
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.
A very slow start to the week in Harare with nothing to report.
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 |