Movers & Shakers: February 10, 2016


Botswana: DCI -0.49%, USD 2.3m

Another solid day in Gaborone thanks to some action in the likes of Chobe (2m shares), Letshego (1.9m shares), Choppies (1.1m shares) and Sefalana (80k shares).

Kenya: NSE 20 -0.06%, USD 3.0m

Activity fell off a cliff again today in Nairobi with turnover amounting to a very dull $3.0m with locals (53%) dominating what little activity there was. NMG was the most active stock on the day thanks to a cross as 332k shares traded (foreign buyer/ local seller). The usual heavyweights Safcom (3.2m shares), EQBNK (1.2m shares), KNCB (929k shares) and EABL (72k shares) where extremely quiet.

Mauritius: Semdex +0.66%, USD 1.49m

A rather active day considering that the market had to close early as a result of torrential rain with turnover amounting to $1.49m. There was once again some solid action in MCBG as 88k shares changed hands in the name. NMH continues to impress from a performance point of view with the counter gaining +3.1% on 592k shares. SBMH also had a very strong day and closed +4.3% higher.

Nigeria: ASI +0.64%, USD 9.1m

Activity continues to underwhelm with a few crosses in the likes of Nestle ($2.3m), Zenith ($1.9m) and GTB ($1.1m) the only names worth mentioning. Banking stocks had a better day with the sector closing +0.88% higher thanks to good performances in FBNH (+3.44%) and GTB (+3.05%). Consumers (-0.48%) on the other hand closed in negative territory with some pressure on 7UP (-5.00%) and Unilever (-5.00%) dragging the sector lower.

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

Zimbabwe: Industrials -0.40%, USD 253k

A better day in Harare but still nothing to write home about with some small activity in Afdis ($180k) the only name worth mentioning.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.84

-2.40

Nigeria

NGN

199.05

0.13

Kenya

KES

101.78

0.51

Mauritius

MUR

35.60

0.70

Botswana

BWP

11.27

-0.34

Tanzania

TZS

2185.00

-1.63

Uganda

UGX

3460.00

-2.54

Rwanda

RWF

752.50

-1.00

Ghana

GHS

3.95

-3.67

BRVM

XOF

591.88

4.47

Egypt

EGP

7.83

0.02

Morocco

MAD

9.70

2.44

Tunisia

TNF

2.01

1.51

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