Movers & Shakers: February 17, 2012

Botswana: DCI +0.02, Vols USD 21k

The DCI ended the day on thin vols with only USD 21k crossing the floor today. Cresta added on 2t to 85t. ABCH was down 25t to 435t on 100 shares. Barclays gave-up 1t to 698t. BIHL, Chobe and Choppies were unchanged at 980t, 220t and 179t respectively.

Egypt: Closed today

Kenya: NSE 20 -0.70%, Vols USD 1.6m

The Nairobi bourse ended the week on a vibrant note with improved local investor participation . Foreign investors accounted for 57.3% and 26.3% of the buy and sell sides respectively. Turnover rose 13.8% to USD 1.6m. EABL accounted for 35.6% of the day’s trades moving a total of KES 47.5m. The stock gained 1.7% to close at KES 179.00. Barclays Bank ended 1.2% higher at KES 13.15. Safcom closed at a stable price of KES 3.30. KCB eased 0.3% to KES 19.65 with foreign investor buying coming in at slightly lower levels.

Mauritius: Semdex +0.14%, Vols USD 1m

The market ended the day on a positive note with he Semdex and the Sem-7 up 0.14% and 0.15% at 1823.09pts and 343.34pts respectively. MCB increased by 0.60% to Rs167. Hotel stocks ended the day in the red. NMH was down 1.97% at Rs74.50. SBM continued to firm ending the day 0.62% higher at Rs81. Sun Resorts and Lux ended 0.5% and 2.1% lower.

Nigeria: ASI +0.72%, Vols USD 15.12m

The Nigerian ASI gained 0.72% while value traded amounted to USD 15.12m. Top traded stocks were UBA, Zenith Bank, Skye Bank, Access Bank, Equity Assurance, FCMB, First Bank, Omatek, GTB and Diamond Bank. Top losers of the day were Presco Plc (-5.00%), Union Bank (-4.99%), Flour Mills (-4.92%), Forte Oil (-4.92%) and Berger Paints (-4.89%). The gainers were led by UBA (5.00%), Goldlink Insurance (5.00%), Oando Plc (4.98%), Access Bank (4.98%) and Nigerian Aviation Handling Company (4.96%). The banking sector index closed up 141bps. UBA closed up 5.00% at N1.89 and traded 163m units while First Bank also closed up 1.32% at N10.75 while trading 13.65m units. Zenith Bank closed up 0.16% at N12.28 while trading 52.80m units. The sector also had crosses of 150m units of UBA, 46m units of Zenith Bank, 27m units of Skye Bank, 25m units of Access Bank, 17m units of FCMB, 6m units of Diamond Bank and 5m units of Ecobank Transnational Incorporated. In the building materials sector, Cement Company of Northern Nigeria closed flat at N4.71 and traded 10k units while Ashaka Cement closed flat at N10.70 and traded 171k units in total. Lafarge Wapco closed up 1.78% at N44.00 and traded 102k units. In the food and beverages sector, Nigerian Breweries closed up 1.55% at N97.70 and traded 3.11m units in total while Nestle also closed flat at N441 and traded 76k units. Cadbury closed down 0.11% at N9.29 and traded 250k units in total. The sector also had a cross of 1.5m units of Nigerian Breweries. There were also crosses of 1.5m units of PZ Cussons, 1.1m units of Prestige Assurance, 1.1m units of Ikeja Hotel, 20m units of Equity Assurance, 9.3m units of Omatek and 2.2m units of Okomu Oil.

South Africa: Top 40 +0.91%, Vols USD 1.29bn

The JSE ended the day higher with the Top 40 Index gaining 0.91% to close at 30,373 while value traded amounted to USD 1.29bn. Resources were the day's biggest gainers with the Index gaining 1.26% followed buy Financials and Industrials which gained 0.57% and 0.42% respectively. The Rand was trading at 7.72 and 10.18 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.64%, Vols USD 50k

The market recorded a turnover of USD 50,581. The names that traded included CECZ, FARM, NATB, PUMA, SCBL, ZMBF, ZABR and ZNCO. The biggest contributor towards turnover was ZABR, 50,500 shares traded at an average price of ZMK 2,500, turnover amounted to USD 25,240. The second biggest contributor towards turnover was ZMBF, 22,004 shares traded at an average price of ZMK 2,600, turnover amounted to USD 11,442.

Zimbabwe: Industrials +1.03%, Mining +4.88, Vols USD 587k

The industrial index increased by +0.33% to 147.25pts buoyed by gains in Innscor (+1.36%), BAT (+2.94%), Econet (0.79%) Delta (+0.01%) and OK (+2.71%). Firm demand in Econet saw the group breach the 380c mark to 383c on thin trades. TN edged up 5.25% breaching 4.2c boosted by a cautionary about negotiations involving the banking arm. Value traded improved to $2.5m boosted by special bargain of 2 682 800 shares in Delta crossed at 70c in trades worth $1.9m. Another notable trade was a cross of 443 378 Innscor executed at 64c. Foreign participation was exclusively on the buying side with $1.5m worth of trades recorded mainly Delta. The mining index rose a solid +8.29% to 101.45pts buoyed by impressive gains in Hwange. Hwange rose +25% or 7c to 35c narrowing its YTD loss to 12.50c as the mining index broke even for the first time over the past two months. There were no trades in Rio which closed bid and offer at 40 and 51c respectively.