Movers & Shakers: December 20, 2016

Botswana: DCI -0.30%, USD 34k

Another slow day in Gaborone.

Kenya: NSE 20 -0.01%, USD 6.2m

A better day in Nairobi thanks to a large cross in Safcom (unch) as 21.7m shares changed hands in the telco. There was also some decent activity in KNCB (+0.9%) as 3.6m shares traded in the name while EABL (-0.9%) and EQBNK (+0.8%) were very quiet.

Mauritius: Semdex +0.18%, USD 1.4m

A very solid day in Port Louis thanks once again to the usual suspect MCBG as 135k shares changed hands in the name while the rest of the market heavyweights remain dead quiet.

Nigeria: ASI -0.17%, USD 9.8m

A much better day in Lagos with some action in the likes of NB ($2.8m), GTB ($1.3m), Zenith ($1.1m) and UBA ($1m) driving proceedings thanks to a few crosses in the names. Banking stocks closed the day in negative territory with the sector falling -0.37% thanks to some weakness in GTB (-1.90%). Consumers (-0.08%) also closed the day slightly lower with Unilever (-4.26) being a drag on the sector. There was a Reuters report that the government plans on eliminating the Forex black market.

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

Zimbabwe: Industrials -0.23%, USD 274k

The market is showing distinct signs of limping into the year end. Some of the recent strength has receded while volumes are dropping off.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.06

10.00

Nigeria

NGN

315.50

-36.83

Kenya

KES

102.35

-0.05

Mauritius

MUR

35.88

-0.08

Botswana

BWP

10.86

3.37

Tanzania

TZS

2179.00

-1.36

Uganda

UGX

3567.50

-5.48

Rwanda

RWF

815.03

-8.59

Ghana

GHS

4.22

-9.73

BRVM

XOF

636.39

-2.81

Egypt

EGP

19.67

-60.21

Morocco

MAD

10.22

-2.79

Tunisia

TNF

2.33

-12.51
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