Movers & Shakers: February 22, 2012

Botswana: DCI -0.18%, Vols USD 7k

The market ended the day on thin vols with only USD 7k worth crossing the floor today compared to USD 126k yesterday. The DCI edged down 0.18% to 6985.17pts. G4S added on 4t to end the day at 615t while Barclays closed 3t lower at 695t.

BRVM: BRVM Composite +0.13%, BRVM 10 +0.13%, Vols USD 440k

The BRVM ended the day higher with both the BRVM Comp and the BRVM 10 gaining 0.13% to close at 143.73 and 166.54 respectively. Value traded amounted to USD 440k. SODECI was the day's biggest gainer, rallying 7.50% to close at XOF 25,515 while CROWN SIEM CI was the day's biggest loser, falling 6.94 to close at XOF 22,000.

Egypt: EGX 30 -0.25%, Vols USD 72m

The market ended the day slightly lower, leaving the EGX 30 to end the day down 0.25%, to close at 5018.23 points. Volumes were weaker then recent average volumes, market traded a total turnover of USD 72m. The market opened lower but managed to rebound, leaving the EGX30 up 0.02% at 5,031.77 points after recording a low of approx -1%, yet the market changed its sentiment again to end the day in negative territory. OCDI continues to outperforms the market, the name ended the day up 3.42% to close at EGP15.42, this after the company announced that they booked new sales worth EGP268 million in January 2012, and they are targeting three new projects.

Investor mix:
•  Foreigners were net Sellers by 16.51 mn EGP and were 17.95% of the market.
•  Egyptians were net Buyers by 3.66 mn EGP and were 76.45% of the market.
•  Arabs were net Buyers by 12.84 mn EGP and were 5.6% of the market.
•  Institutions were net Sellers by 2.18 mn EGP and were 28.63% of the market.
•  Retail were net Buyers by 2.18 mn EGP and were 71.36% of the market.

Kenya: NSE 20 +0.50%, Vols USD 2.2m

The Nairobi bourse witnessed increased activity on the back of increased foreign investor participation rising from 28.1% to 59.2%. . Safaricom eased 1.6% to KES 3.16. EABL lost 1.1% to KES 180 on the back of profit taking . KCB eased marginally but demand remained steady ahead of FY11 results (expected on 1 March). Access Kenya lost 6.3% to a new all time low of KES 3.72 on low demand.

Mauritius: Semdex -0.18%, Vols USD 1.07m

The market continued trading in the red with the Semdex and the Sem-7 down 0.18% and 0.07% respectively. MCB was actively traded in with 101,389 shares trading in the name at Rs165. Lux Resorts saw a notable volume of 116k shares trade flat at Rs22.50. NMH ended the day 0.68% lower at Rs73. The Dem was unchanged at 149.06pts.

Nigeria: ASI -0.97%, Vols USD 16.11m

The NSE ASI fell 0.97% while value traded amounted to USD 16.11m. Top traded stocks were UBA, First Bank, Sterling Bank, FCMB, Access Bank, Zenith Bank, Fidelity Bank, Transcorp, Mutual Benefit Assurance and Skye Bank. Top losers for the day were Conoil Plc (-5.00%), Julius Berger (-5.00%), Nigerian Aviation Handling Company (-4.97%), Berger Paints (-4.95%) and Champion Breweries (-4.95%). The top gainers were GTAssure (4.88%), Vitafoam Plc (4.85%), UBA (4.83%), Ikeja Hotel (4.55%) and Cap Plc (4.50%). The banking sector index closed up 128bps. UBA closed up 4.83% at N2.17 and traded 186.54m units while First Bank also closed up 1.14% at N11.50 while trading 53.73m units. Zenith Bank closed up 1.38% at N12.50 while trading 20.62m units. The sector also had crosses of 134m units of UBA, 26m units of First Bank, 29m units of Sterling Bank, 24m units of FCMB, 1.3m units of Access Bank, 4.6m units of Zenith Bank and 12m units of Fidelity Bank. In the building materials sector, Cement Company of Northern Nigeria closed flat at N4.60 and traded 307k units while Ashaka Cement closed down at 2.38% at N10.25 and traded 484k units in total. Lafarge Wapco closed down 3.18% at N42.60 and traded 111k units. In the food and beverages sector, Nigerian Breweries closed down 0.10% at N98 and traded 1.27m units in total while Nestle closed flat at N441 and traded 168k units. Dangote Flour closed up 2.34% at N4.37 and traded 1.47m units in total. There were also crosses of 14m units of Transcorp, 8.5m units of Mutual Benefit and 2m units of Fidson Healthcare.

South Africa: Top 40 -0.49%, Vols USD 1.45bn

The JSE ended the day lower with the Top 40 Index falling 0.49% to close at 30,288 while value traded amounted to USD 1.45bn. Financials were the day's biggest losers with the Index falling 0.76% followed by Resources and Industrials which fell 0.44% and 0.03% respectively. The Rand was trading at 7.73 and 10.23 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.12%, Vols USD 17k

The market recorded a turnover of USD 17,792. The names that traded includeed CECZ, FQMZ, INVE, SCBL and PMDZ. The biggest contributor towards turnover was FQMZ, 13,891 ZDRs traded at an average price of ZMK 5,150, turnover amounted to USD 14,307. The second biggest contributor towards turnover was PMDZ 9,946 shares traded at an average price of ZMK 665, turnover amounted to USD 1,322.

Zimbabwe: Industrials +0.35%, Mining -3.61%, Vols USD 952k

The industrial index ended the day +0.35% higher at 148.12pts. The drivers of the market gains were Econet, Natfoods, OKZIM, and Fidelity. Natfoods was +6.36% firmer at 117c, Fidelity added +0.22% to 57c while OKZIM was up +0.63% at 11.1c and Econet traded +0.52% up at 388c. Weighing on the market gains were losses in Radar that led after shedding -31.25% to 11c, African Sun that came-off -10.87% to 1.23c pioneer that was -4.8% softer at 4c and Turnall that came off -4.8% to 10c. Mining's stuttered further as the index lost -3.61% to 94.48pts on losses in Hwange that came off -6.25% to 30c Gains were however seen in mining group RioZim that rose +3.64% to a year to date high of 57c.