Movers & Shakers: February 09, 2015


Botswana: DCI +0.19%, USD 112k

Nothing much to report from Gaborone as activity remains muted.

Kenya: NSE 20 +0.29%, USD 6.0m

A rather average start to the week in Nairobi as turnover amounted to an uninspiring $6.0m as locals dominated (marginally) proceedings. Foreign interest drove Safcom +1.7% higher as 13.75m shares traded in the telco. Foreign selling pressure caused EQBNK to slide -0.9% as 1.64m shares traded in the name. There were a few crosses in EABL as 170k shares traded while KNCB was very quiet with only 529k shares changing hands.

Mauritius: Semdex -0.20%, USD 1.01m

Turnover was mainly geared towards the banking stocks, MCBG and SBM today. MCBG closed the session flat at Rs197.50 and traded a total of 38.7k shares while SBM shed 1.0% to close at Rs1.00, trading 3.1m shares. The other notable gainer was Mei which registered a cross of 81k shares to close firm at Rs108.75

Nigeria: ASI -2.08%, USD 31.1m

A much better start to the week in Lagos as turnover amounted to a very pleasing $31.1m thanks mostly to a few crosses in Nestle ($12.69m). There was also some action in the likes of GTB ($3.70m), Access ($3.37m), Zenith ($2.57m) and NB ($2.34m). Banks came under some pressure with the Index falling -1.65% thanks to UBA (-4.97%) and GTB (-3.33%). Consumers (-3.85%) took some strain as NB (-5.00%), Flour Mills (-5.00%) and PZ Cussons (-5.00%) all closed limit down. Cements were also under pressure with WAPCO and DangCem falling -3.40% and -1.68% respectively.

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

Zimbabwe: Industrials +0.32%, USD 1.17m

An average start to the week in Harare, as Delta, Econet and Edgars accounted the lions share of turnover. Delta saw persistent demand to close at 116c on a total of 689k shares traded. The other front runners, closed at 55.02c and 10c, trading 296k and 999k shares respectively.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.58

-0.15

Nigeria

NGN

194.25

-5.56

Kenya

KES

91.60

-1.09

Mauritius

MUR

33.10

-4.08

Botswana

BWP

9.66

-1.05

Tanzania

TZS

1830.75

-5.34

Uganda

UGX

2863.00

-3.21

Rwanda

RWF

695.20

-0.78

Ghana

GHS

3.41

-5.64

BRVM

XOF

582.55

-6.95

Egypt

EGP

7.57

-5.63

Morocco

MAD

9.58

-5.22

Tunisia

TND

1.93

-3.64

contacts
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