Movers & Shakers: February 15, 2012

Botswana: DCI +0.04, Vols USD 13k

The BSE continued to trade thins with only USD 13k worth exchanging hands today. The DCI however edged up 0.04% to 6985.11pts. Cresta added on 2t to close at 83t. Stanchart was up 1t to 904t while FSG gave-up 2t at 130t.

BRVM: BRVM Comp +0.01%, BRVM 10 -0.02%, Vols USD 283k

The BRVM ended the day mixed with the BRVM Comp gaining 0.01% to close at 142.57while the BRVM 10 fell 0.02% to close at 164.89. Value traded amounted to USD 283k. Unilever was the day's biggest gainer with the name gaining 1.29% to close at XOF 38,505. SITAB was the day's biggest loser, falling 0.77% to close at XOF 63,510.

Egypt: EGX 30 -1.24%, Vols USD 109m

The market continues to witness profit taking , leaving the EGX30 to end the day down 1.24%, to close at 5003.45 points. Volumes were within recent market average volume, market traded a total turnover of USD 109m. The market witnessed profit taking in big caps, the likes of COMI, ETEL and ORTE, each ending the day down 1.63%, 5.13% and 2.14% respectively profit taking was mainly dominated by foreign investors to be net sellers along with Arab investors, while local retail continue reallocating funds into lagging mid cap pushing the EGX70 to end the day up 0.91%, to close at 494.60 points.

Investor mix:
•  Foreigners were net Sellers by 16.96 mn EGP and were 13.69% of the market.
•  Egyptians were net Buyers by 30.58 mn EGP and were 81.86% of the market.
•  Arabs were net Seller by 13.59 mn EGP and were 4.35% of the market.
•  Institutions were net Sellers by 64.33 mn EGP and were 27.19% of the market.
•  Retail were net Buyers by 64.33 mn EGP and were 72.80% of the market.

Kenya: NSE 20 Unch, Vols USD 3.3m

ValueTurnover on the Nairobi bourse surged 148.7% to USD 3.3m. Foreign investors focused on Safaricom; buying 97% of what was sold during the day and accounting for 81% of total trades for the day on the counter. The counter increased 3.1% to KES 3.30. Pan Africa Insurance continued to trade actively, accounting for 14.4% of the traded volumes. Uchumi Supermarkets pulled back yesterday’s gains on selling pressure being experienced at the higher prices. Bamburi Cement gained 4% to KES 130 on thin volumes. Barclays Bank edged up 3% earlier in the session but pulled back to end 2.1% higher by the end of the day.

Mauritius: Semdex +0.52%, Vols USD 1.4m

The market reversed yesterday's losses with the Semdex closing 0.52% higher at 1,824.28pts and the Sem-7 up 0.89% at 343.73pts. Banking stocks ended the day on positive note. 225k SBM shares traded 1.91% higher at Rs80 on the back of excellent Q2 results showing a rise of 28% in overall earnings. MCB added on 1.21% at Rs167. On the hotel front, Lux lost 0.4% to Rs23.60. Sun was down 0.70% to Rs41.70. Caudan saw several crosses today with 1,036.000 shares trading in total. The stock however dropped 3.9% to Rs1.25.

Nigeria: ASI -1.89%, Vols USD 9.02m

The NSE ASI fell 1.89% while value traded amounted to USD 9.02m. Top traded stocks are UBA, First Bank, Diamond Bank, Fidelity Bank, GTB, Zenith Bank, Access Bank, Skye Bank, Transcorp and AIICO Insurance. Top losers of the day were Airline Services and Logistics (-5.00%), Cutix Plc (-5.00%), Dangote Cement (-5.00%), Prestige Assurance (-5.00%) and PZ Cussons (-5.00%). The gainers were led by Sterling Bank (5.00%), Livestock Feeds (4.94%), Eterna Oil (4.92%), UBA (4.88%) and Continental Reinsurance (4.76%). The banking sector index closed up 73bps. First Bank closed up 0.01% at N10.51 and traded 15.52m units while UBA also closed up 4.88% at N1.72 while trading 112.10m units. Zenith Bank closed down 0.16% at N12.23 while trading 5.55m units. The sector also had crosses of 105m units UBA, 3.5m units First Bank, 9m units of Diamond Bank, 5m units of Fidelity Bank, 3m units of Skye Bank. In the building materials sector, Cement Company of Northern Nigeria closed flat at N4.71 and traded 34k units while Ashaka Cement also closed flat at N10.50 and traded 83k units in total. Lafarge Wapco closed down at 4.99% at N45.50 and traded 335k units. In the food and beverages sector, Nigerian Breweries closed down 0.51% at N97.00 and traded 4.34m units in total while Nestle closed flat at N446.65 and traded 46k units. Cadbury closed up 2.88% at N9.30 and traded 546k units in total. The sector also had a cross of 2.7m units of Nigerian Breweries. There were also crosses of 2m units of Transcorp and 1.6m units of AIICO Insurance.

South Africa: Top 40 -0.15%, Vols USD 1.65bn

The market ended the day slightly lower with the Top 40 Index falling 0.15% to close at 30,395 while value traded amounted to USD 1.65bn. Resources were the day's biggest losers with the Index falling 0.81% while Industrials and Financials rallied 0.63% and 0.33% respectively. The Rand was trading at 7.72 and 10.12 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.48%, Vols USD 14k

The market recorded a turnover of USD 14,406. The names that traded included CECZ, NATB, SCBL, ZABR, ZMBF, ZNCO and ZSUG. The biggest contributor towards turnover was ZMBF, 10,873 shares traded at an average price of ZMK 2,600, turnover amounted to USD 5,654. The second biggest contributor towards value traded was ZNCO, 19,696 shares traded at an average price of ZMK 1,000.05, turnover amounted to USD 3,939.

Zimbabwe: Industrials +0.47%, Mining +1.48, Vols USD 471k

Innscor and Natfoods helped lift industrial higher in a thin mid week trading session. Innscor rose a further +3.33% or 2c to 62c on firm buying as Natfoods added +3.77% or 4c to 110c. The equities market remains largely bullish as the industrial index advanced +0.47% to 145.27pts . Meikles added +3.78% to 19.2c. ART increased by +16.67% to 0.35c, African sun and Nicoz added +10% apiece to 1.10c and 2.2c respectively while Pearl was 4.62% firmer at 3.40c. Volumes traded declined to 2.3m shares as daily turnover fell below $500 000 to $471,467. Econet and Delta were steady at 380c and 70c while Seedco dropped 0.89% or 1c to 111c. Other notable losers were CBZ easing a marginal -0.55% to 9c, Fidelity lost -1.13% to 17.5c and NMBZ which lost -3.67% to 1.05c. No trades were recorded in the resources sector. The mining index however rose +1.48% to 89.32pts after Falgold was bid higher at 10c having last traded at 9c. Hwange was bid at 28c while Rio bid and offer at 48c and 55c respectively.