Movers & Shakers: February 15, 2017


Botswana: DCI +0.07%, USD 244k

Another insipid day of trading in Botswana with only some mild action in Letshego (220t) going through.

Kenya: NSE 20 +0.64%, USD 10.7m

A much better day in Nairobi as activity increased threefold to $10.7m. This should however be taken with a pinch of salt as a large cross in Safcom (-0.3%) accounted for the bulk of today's turnover with 45.4m shares changing hands in the telco. Elsewhere, there was some decent activity in ARM (+1.1%) thanks to a foreign cross as 5m shares traded, while the rest of the market heavyweights were quiet.

Mauritius: Semdex +0.74%, USD 3.3m

A very active day in Port Louis with both banks seeing some decent two-way flow. In particular, SBMH was the recipient of a number of crosses at Rs7.00 (unch). MCBG inched higher by 10bps to Rs225.25.

Nigeria: ASI +0.39%, USD 5.7m

The two banking giants lead from the front in terms of activity with Zenith ($2.3m) and GTB ($1.5m) driving proceedings. Banking stocks closed the day -1.14% lower, dragged down by GTB (-2.02%) and Zenith (-0.86%) while consumers closed +1.67% higher on low volume. Inflation continued to rise, up to 18.7% in Jan (from 18.6% in Dec).

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

Zimbabwe: Industrials +0.04%, USD 651k

A pretty ambivalent day in Harare. The main action today went through in Delta (83c) and CBZ (10.5c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.08

4.97

Nigeria

NGN

316.00

-0.21

Kenya

KES

103.60

-1.05

Mauritius

MUR

35.53

1.24

Botswana

BWP

10.42

2.35

Tanzania

TZS

2233.25

-2.34

Uganda

UGX

3584.25

0.34

Rwanda

RWF

818.83

0.39

Ghana

GHS

4.42

-4.19

BRVM

XOF

626.22

0.59

Egypt

EGP

16.45

10.28

Morocco

MAD

10.11

0.14

Tunisia

TNF

2.30

0.58

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