Movers & Shakers: February 20, 2017


Botswana: DCI -0.05%, USD 667k

Some activity in BTCL, Turnstar and Choppies got the week off to a decent start, relatively speaking.

Kenya: NSE 20 -0.10%, USD 3.0m

Activity failed to impress in Nairobi with Safcom (-0.3%) the only name worth mentioning as 9.6m shares changed hands in the telco with foreigners dominating both sides. The two major banking stocks closed the day lower with KNCB falling -2.0% while EQBNK fell -0.92%. EABL managed to close +0.9% higher.

Mauritius: Semdex -0.16%, USD 5m

A decent day of action in Port Louis mostly thanks to local participation in the likes of MCBG (unch, Rs227.00), SBMH (+30bps, Rs7.04) and Alteo (-3.1%, Rs31.00). In economic news, the Bank of Mauritius’ Monetary Policy Committee kept the Key Repo Rate unchanged at 4.00%.

Nigeria: ASI +0.34%, USD 3.1m

A painfully slow start to the week in Lagos with not a single name breaing the $1m mark. The two major sectos closed the day mixed with Consumers closing +2.16% higher while Banks fell -0.20%, both on tiny volumes. Unfortunately with volumes so low, there is nothing noteworthy to report on.

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

Zimbabwe: Industrials -0.65%, USD 655k

The ZSE continues to drift lower on the back of low volumes and a general lack of interest, particularly from foreign participants. The only action today went through in Delta (80c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.06

5.21

Nigeria

NGN

315.50

-0.05

Kenya

KES

103.55

-1.00

Mauritius

MUR

35.47

1.41

Botswana

BWP

10.42

2.56

Tanzania

TZS

2234.75

-2.41

Uganda

UGX

3588.21

0.23

Rwanda

RWF

819.00

0.37

Ghana

GHS

4.53

-6.51

BRVM

XOF

621.38

1.38

Egypt

EGP

15.81

14.78

Morocco

MAD

10.07

0.60

Tunisia

TNF

2.29

1.22

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