Movers & Shakers: February 26, 2015


Botswana: DCI +0.01%, USD 131k

Slight increase in activity as Sefalana had the largest turnover. The counter traded a total of 86k shares to close at 1010t

Kenya: NSE 20 +0.14%, USD 10.95m

A big day in Namibia although foreign participation still remains on the low side. There was a chunky cross in ARML (local buyer, foreign seller) while in normal trading we saw some decent activity in the banks. EqBnk (-1.8%, KES55.00) and KNCB (-80bps, KES59.00) were both driven lower by foreign selling. Safcom (-90bps, KES15.75) and EABL (-4.2%, KES318.00) were also soft in general trading.

Mauritius: Semdex +0.39%, USD 670k

Indices maintained their upward trend, closing in the green for the fourth consecutive day this week. MCBG traded a total of 55k shares to close down at Rs206.25. NMB declined by 0.8% during the session, as 1.6k shares were exchanged at Rs66.00. SBM managed to close flat at Rs1.00 on 1.2m shares exchanged.

Nigeria: ASI -0.50%, USD 22.9m

Crosses continue to dominate the landscape in Lagos. Banks (-1.83%) reversed some of their recent strength with notable softness in UBA (-4.92%, N3.48), Zenith (-4.00%, N18.00) and Access (-4.89%, N6.23). The consumers (-10bps) were also marginally soft with almost all the action taking place in NB (-1.62%, N135.51), UACN (+6.82%, N41.49) and Unilever (+55bps, N34.50). In the cement there was a decent sized cross in Wapco (-48bps, N85.00).

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

Zimbabwe: Industrials +0.07%, USD 707k

CBZ accounted the lions share of total market turnover, as the counter traded a staggering 5.9m shares, closing at 10c. Unfortunately the rest of the market saw thin trades, in the likes of Econet, Delta and OK Zim, just to name a few.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.48

+0.78

Nigeria

NGN

202.00

-9.18

Kenya

KES

9.48

-0.96

Mauritius

MUR

33.25

-4.51

Botswana

BWP

9.54

-0.33

Tanzania

TZS

1820.00

-4.78

Uganda

UGX

2895.00

-4.28

Rwanda

RWF

695.20

-0.78

Ghana

GHS

3.47

-7.41

BRVM

XOF

585.61

-7.42

Egypt

EGP

7.57

-5.64

Morocco

MAD

9.59

-5.41

Tunisia

TND

1.94

-4.10

contacts
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  • South Africa +27 11 268 5833