Market
Commentary
- African Footprint
- Movers & Shakers
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- Apr 2017
- Mar 2017
- Feb 2017
- February 28, 2017
- February 27, 2017
- February 24, 2017
- February 23, 2017
- February 22, 2017
- February 21, 2017
- February 20, 2017
- February 17, 2017
- February 16, 2017
- February 15, 2017
- February 14, 2017
- February 13, 2017
- February 10, 2017
- February 09, 2017
- February 08, 2017
- February 07, 2017
- February 06, 2017
- February 03, 2017
- February 02, 2017
- February 01, 2017
- Jan 2017
- Dec 2016
- Nov 2016
- Oct 2016
- Sep 2016
- Aug 2016
- Jul 2016
- Jun 2016
- May 2016
- Apr 2016
- Mar 2016
- Feb 2016
- Jan 2016
- Dec 2015
- Nov 2015
- Oct 2015
- Sep 2015
- Aug 2015
- Jul 2015
- Jun 2015
- May 2015
- Apr 2015
- Mar 2015
- Feb 2015
- Jan 2015
- Dec 2014
- Nov 2014
- Oct 2014
- Sep 2014
- Aug 2014
- Jul 2014
- Jun 2014
- May 2014
- Apr 2014
- Mar 2014
- Feb 2014
- Jan 2014
- Movers & Shakers Archive
- Market Insight
- Daily Pricing
- African Thoughts
Movers & Shakers: February 10, 2017
Botswana: DCI -0.19%, USD 33k
Nothing to report from Gaborone.
Kenya: NSE 20 +0.60%, USD 6.1m
Safcom was the main highlight today in Nairobi with a foreign-foreign cross going through in the name. The telco closed marginally up at KES 18.50. We also saw a couple of crosses in the likes of Co-Op Bank (unch, KES12.50), EABL (unch, KES225.00) and EqBnk (-90bps, KES27.00).
Mauritius: Semdex +0.03%, USD 750k
Nothing overly exciting to end the week in Port Louis. About half the volume took place in the normally rather illiquid Lux Island Resorts (unch, Rs59.00). Tourist arrivals for January 2017 rose +5.0% to 124,362 compared to 118,426 in January 2016.
Nigeria: ASI +0.07%, USD 8.2m
A much more active day today in Nigeria with local investors still the dominant player in the market. This shows just how far we have fallen when $8m trading is considered reasonable. Banks rebounded slightly with the sector gaining 1.49% mostly thanks to Access Bank which closed at limit up and on net bid at N6.94. This was on the back of the news that the bank has divested from their 17.65% stake in the Stanbic PFA. Consumers dropped by 1.37% although the sector was incredibly quiet. The major action today took place in Seplat (+1.35%, N375.00) as over $2.5m crossed in the name. There were also large crosses in the likes of Mobil and Presco.
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials -0.21%, USD 516k
Sentiment was once again weak in Zimbabwe. The main activity went through in Econet as we saw the telco close at 20c.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
13.41 |
2.47 |
|
Nigeria |
NGN |
315.25 |
0.03 |
|
Kenya |
KES |
103.63 |
-1.08 |
|
Mauritius |
MUR |
35.53 |
1.24 |
|
Botswana |
BWP |
10.53 |
1.60 |
|
Tanzania |
TZS |
2225.00 |
-1.98 |
|
Uganda |
UGX |
3582.65 |
0.39 |
|
Rwanda |
RWF |
818.46 |
0.43 |
|
Ghana |
GHS |
4.46 |
-5.04 |
|
BRVM |
XOF |
621.56 |
1.35 |
|
Egypt |
EGP |
17.74 |
2.27 |
|
Morocco |
MAD |
10.07 |
0.59 |
|
Tunisia |
TNF |
2.29 |
1.25 |
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
