The index finally recorded some marginal gains, but on an extremely quiet day.
The market closed on a negative note, on a day dominated by foreign selling (72% of total sales), while total foreign participation dropped to 46%. Safcom and KNCB dominated the turnover, accounting for 54% and 22% of turnover respectively.
The positive streak in Mauritius continued, with MCBG, PAD and SBMH accounting for 53% of turnover on the day.
The negative streak in Nigeria continued as the index closed down 77bps. Only the banks closed higher, supported by Zenith (+2.56%). Zenith, FBNH, Dangsugar and Guaranty were the names that dominated the action on the day, accounting for a total of 58% of turnover.
Please note that the index figure above is correct at the time of writing.
Econet and Delta dominated the action on the day, with both names accounting for 53% of total market turnover.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 7-Feb-18 | YTD % | Country | Notation | 7-Feb-18 | YTD % | ||||
Botswana | DCI | 8724.43 | -1.53% | Botswana | BWP | 9.61 | 2.46 | ||||
Egypt | CASE 30 | 15037.05 | 0.09% | Egypt | EGP | 17.63 | 1.03 | ||||
Kenya | NSE 20 | 3729.34 | 0.67% | Ghana | GHS | 4.45 | 1.29 | ||||
Malawi | MASI | 22307.13 | 3.28% | Kenya | KES | 101.18 | 1.99 | ||||
Mauritius | SEMDEX | 2261.80 | 2.71% | Morocco | MAD | 9.20 | 1.41 | ||||
SEM 10 | 432.38 | 2.50% | Mauritius | MUR | 32.50 | 3.31 | |||||
Morocco | MASI | 13126.36 | 5.87% | Nigeria | NGN | 360.15 | -0.04 | ||||
Nigeria | NSI | 43538.16 | 13.78% | Rwanda | RWF | 848.11 | 0.69 | ||||
Tanzania | TSI | 3873.75 | -1.16% | Tunisia | TND | 2.41 | 2.28 | ||||
Rwanda | RSI | 132.39 | -2.21% | Tanzania | TZS | 2,252.25 | -0.78 | ||||
Uganda | USE ALSI | 2080.15 | 5.18% | Uganda | UGX | 3,630.71 | 0.35 | ||||
Zambia | LUSE All Share | 5590.03 | 4.93% | BRVM | XOF | 540.04 | 4.47 | ||||
Zimbabwe | Industrial Index | 302.89 | -7.10% | South Africa | ZAR | 11.98 | 3.36 | ||||
Mining Index | 128.21 | 130.42 | Zimbabwe | *OMIR | 3.23 | 1.64 | |||||
*Zimbabwe Old Mutial Implied Rate |