Movers & Shakers: February 14, 2012

Botswana: DCI Unch, Vols USD 43k

Trading was only recorded in two stocks today, Choppies and FNBB. Choppies dominated the vols with 155,615 shares trading in the name at 180t, accounting for 90% of the value. FNBB was unchanged at 263t on 11,300 shares.

Egypt: EGX 30 -0.65%, Vols USD 143m

The market managed to end the day in negative territory, leaving the EGX30 to end the day down 0.65%, to close at 5066.04 points. Volumes continue to improve significantly, market traded a total turnover of USD 143m, in which more than 15% of the total turnover was attributed to ORTE alone. The market started the day on a positive sentiment with Telecoms still driving the market and general sentiment higher, yet after 30min of trading Non-Arab Foreigners started to be net sellers in most blue chips, pressuring the market down to trade with a negative sentiment to trade lower.Names such as TMGH, CCAP and ETEL traded against the general market sentiment, each ending the day up 0.44%, 0.58% and 2.29% respectively.

Investor mix:
•  Foreigners were net Sellers by 158.86 mn EGP and were 18.87% of the market.
•  Egyptians were net Buyers by 142.04 mn EGP and were 73.82% of the market.
•  Arabs were net Buyers by 16.81 mn EGP and were 7.32% of the market.
•  Institutions were net Sellers by 97.10 mn EGP and were 30.39% of the market.
•  Retail were net Buyers by 97.10 mn EGP and were 69.60% of the market.

Ghana: Vols USD 88k

Value traded on the Ghanaian Stock Exchange amounted to USD 88k. TLW was the biggest contributor towards value traded (34.83%) with the name closing at 31.06 Cedi. FML was the second biggest contributor towards value traded (31.99%) with the counter closing at 2.20 Cedi.

Kenya: NSE 20 -0.40%, Vols USD 1.3m

Turnover on the NSE fell 70.0% to USD 1.3m on the back of sluggish trading that persisted throughout the trading session. A block trade of 157,000 shares on Nation Media was traded in the morning session at KES 140.00 while 1m shares Pan African crossed at KES 18.00. The two counters eased 0.7% and 5.3% to close at KES 140.00 and KES 18.00 respectively. Safaricom traded at a high KES 3.25 for most of the day. The counter however closed at a stable price of KES 3.20 on a volume of 3.8m shares worth KES 12.2m. EABL lost 1.7% to KES 175.

Mauritius: Semdex -0.55%, Vols USD 989k

The market continued south with the Semdex down 0.55% to 1,814.91pts and the Sem 7 closing 0.42% at 340.69pts. Innodis witnessed a cross of 200k at Rs40. MCB and SBM traded level at Rs165 and Rs78.50 respectively. Lux gave-uo 3.3% to close at Rs23.70. Terra saw a cross of 50.8k shares at Rs38 butt he stock ended the day 0.3% lower at Rs38.50.

Nigeria: ASI +0.36%, Vols USD 16.36m

The Nigerian ASI gained 0.36% while value traded amounted to USD 16.36m. Top traded stocks were UBA, First Bank, Skye Bank, Access Bank, Fidelity Bank, Zenith Bank, Transcorp, Dangote Sugar, Stanbic IBTC and Ecobank Transnational Incorporated. Top losers of the day were Total (-5.00%), CAP Plc (-4.97%), Julius Berger (-4.97%), Nigerian Aviation Handling Company (-4.94%) and Dangote Sugar (-4.88%). The gainers were led by First Bank (5.00%), Eterna Oil (4.84%), Goldlink Insurance (4.76%), Cement Company of Northern Nigeria (4.43%) and RT Briscoe (4.35%). The banking sector index closed up 148bps. First Bank closed up 5.00% at N10.50 and traded 28.91m units while UBA closed down 4.65% at N1.64 while trading 647.30m units. GTB closed up 2.63% at N14.06 while trading 4.71m units. The sector also had crosses of 635m units of UBA, 10.5m units of First Bank, 26m units of Skye Bank, 14m units of Access Bank, 10m units of Fidelity Bank, 8m units of Zenith Bank, 8m units of Stanbic IBTC and 2m units of Ecobank Transnational Incorporated. In the building materials sector, Cement Company of Northern Nigeria closed up 4.43% at N4.71 and traded 438k units while Ashaka Cement closed down 0.94% at N10.50 and traded 923k units in total. Lafarge Wapco closed flat at N45.50 and traded 26k units. In the food and beverages sector, Nigerian Breweries closed up 1.53% at N97.50 and traded 2.25m units in total while Nestle closed flat at N446.65 and traded 41k units. Cadbury closed down 4.84% at N9.04 and traded 406k units in total. There were also crosses of 1m units of Livestock Feeds, 3.8m units of Dangote Sugar and 3.2m units of RT Briscoe.

South Africa: Top 40 -0.29%, Vols USD 1.78bn

The JSE ended the day lower with the Top 40 Index falling 0.29% to close at 30,442 while value traded amounted to USD 1.78bn. Resources were the day's biggest losers with the Index falling 0.62% followed by Financials which fell 0.31% while Industrials rallied 0.16%. the Rand was trading at 7.74 and 10.17 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE -0.08%, Vols USD 1.20m

The market recorded a turnover of USD 1,204,613.53. The names that traded included CECZ, LAFA, PUMA, SCBL, ZCCM, ZMBF and ZNCO. The biggest contributor towards turnover was ZMBF 2,290,447 shares traded at an average price of ZMK 2,600, turnover amounted USD 1,191,032. The second biggest contributor towards turnover was SCBL, 346,787 shares traded at an average price of ZMK 84.57, turnover amounted to USD 5,865.

Zimbabwe: Industrials +0.79%, Mining Unch, Vols USD 1.6m

The industrial index continued trading in positive territory ending 0.79% firmer at 144.59pts buoyed by gains in Econet, Innscor and Meikles. Firm buying in Econet saw the group rise +1.33% or 5c to 380c as the selling pressure that prevailed over the past few weeks has since subsided, Innscor rose +2.56% or 1.19c to 60c while Meikles was +6.87% firmer at 18.50c. Willdale up 81.82% on a sizeable block of 2.6m as AFRE put on an impressive +66.67% to 5c a day after a block of 42.8m (19.7% stake) shares were crossed in a special trade at a 514% premium (18.42c.). CFI led the losers, easing -11.43% to 6.2c reversing yesterdays’s gains. PPC lost -4.17% or 10c to 230c, AICO eased -2.56% to 19c while Trust and ZHL completed the losers’ list dropping -10.11% and -4.76% to 0.8c and 1c respectively. The mining index was unchanged at 88.02pts as Hwange and Rio were steady at 28c and 50c respectively while Bindura and Falgold recorded o trades. activity remains high in Rio as a further 159,396 shares exchanged hands in today’s session following news of a possible recapitalization spearheaded by major shareholders Old Mutual.