Movers & Shakers: February 23, 2012

Botswana: DCI -0.13%, Vols USD 181k

Vols on the Gaborone bourse increased to USD 181k today compared to USD 7k yesterday. The DCI continued trading south, ending the day 0.13% lower at 6975.93pts. Barclays dominated the vols, with 101,180 shares trading in the name at 695t and 696t, accounting for 53% of the day's turnover. Choppies ended 1t in the red at 178t while RDCP lost 20t at 700t on thin vols.

BRVM: BRVM Composite +0.68%, BRVM 10 +0.85%, Vols USD 152k

The BRVM ended the day in the green with the BRVM Comp and the BRVM 10 up 0.68% and 0.85% respectively. SAPH edged up 7.49% at XOF 47,835. SODECI increased by 5.82% at XOF 27,000 while SOGB added on 3.28% to XOF 63,000. SIVOA lost 2.64% while SARI CI closed 2.06% lower at XOF 35,000.

Egypt: EGX 30 +2.46%, Vols USD 123m

The market ended the day in positive territory on descent volumes, leaving the EGX30 to close up 2.46%, ending the day at 5141.81 points. Market volumes continue to improve, market traded a total turnover of USD 123m. COMI to captured investors focus after positive FY2011 results which surpassed market estimates, the name ended the day up 4.91%, to close at EGP25,00. Names such as MNHD and PHDC ended the day up 4.72% and 7.73% respectively, this came after rumors arose in the market that there is a possible M&A transactions within the sector, leading the buying in sector were Arab investors.

Investor mix:
•  Foreigners were net Sellers by 75.01 mn EGP and were 22.70% of the market.
•  Egyptians were net Buyers by 42.39 mn EGP and were 71.16% of the market.
•  Arabs were net Buyers by 32.61 mn EGP and were 6.14% of the market.
•  Institutions were net Sellers by 74.27 mn EGP and were 31.58% of the market.
•  Retail were net Buyers by 74.27 mn EGP and were 68.41% of the market.

Ghana: Vols USD 471k

Value traded on the Ghanaian Stock Exchange amounted to USD 471k. FML was the biggest contributor towards value traded (47.43%) with the name closing at 2.20. EGL was the secon biggest contributor towards value traded (34.44%) with the counter closing at 0.38.

Kenya: NSE 20 +0.30%, Vols USD 2.4m

The NSE was driven by bullish investor activity on the equity market, the session was characterized by vibrant trading, with turnover gaining 12.0% to USD 2.4m. Banks were leading movers during the session with KCB being the top mover on news that its Rwanda subsidiary had made a profit for the first time since launch of the operations in late 2010. The bank’s share price was however unchanged. Barclays Bank saw 2.3m shares changing hands at an average price of KES 13.10. KPH was actively traded ahead of their books closure date for their 1:8 bonus issue on 28 th February. On a volume of 663,700 shares, its price rose 3.4% to close at KES 16.55. Demand on the counter saw it trade at a high of KES 17.00.

Mauritius: Semdex -0.20%, Vols USD 540k

The Semdex and the Sem-7 ended the day 0.20% and 0.18% lower at 1,809.36pts and 340.36pts respectively. On the banking side, SBM ended 0.61% lower at Rs81. MCB was unchanged at Rs165. On the hotel front, Sun traded flat. Terra lost 0.5% at Rs38.60. Harel was down 4.1% on thin vols.

Nigeria: ASI +0.18%, Vols USD 10.93m

The Nigerian ASI gained 0.18% while value traded amounted to USD 10.93m. Top traded stocks were UBA, Sterling Bank, DN Tyre & Rubber Plc, Resort Savings and Loans Plc, Access Bank, Fidelity Bank, Zenith Bank, Ecobank Transnational Incorporated, First Bank and Dangote Sugar. Top losers of the day were MRS Oil (-4.98%), Eterna Oil (-4.85%), Nestle Plc (-4.76%), Honeywell Flour (-4.72%) and Vitafoam Plc (-4.34%). The gainers were led by Cap Plc (5.00%), Skye Bank (4.99%), Zenith Bank (4.96%), First Bank (4.96%) and National Salt Company of Nigeria (4.93%). The banking sector index closed up 389bps. First Bank closed up 4.96% at N12.07 and traded 15.35m units while Zenith Bank also closed up 4.96% at N13.12 while trading 16.80m units. UBA closed up 4.61% at N2.27 while trading 80.28m units. The sector also had crosses of 27m units of Sterling Bank, 55m units of UBA, 4.93m units of Access Bank, 10.15m units of Fidelity Bank, 7.17m units of Zenith Bank, 14.60m units of Ecobank Transnational Incorporated and 1.02m units of First Bank. In the building materials sector, Cement Company of Northern Nigeria closed flat at N4.60 and traded 243k units while Ashaka Cement closed up 2.44% at N10.50 and traded 391k units in total. Lafarge Wapco closed down 4.23% at N40.80 and traded 276k units. In the food and beverages sector, Nigerian Breweries closed up 0.52% at N98.51 and traded 1.90m units in total while Dangote Sugar closed down 0.79% at N3.75 and traded 10.45m units. Dangote Flour closed up 1.37% at N4.43 and traded 1.73m units in total. The sector also had a cross of 2m units of Dangote Sugar. There were also crosses of 2.3m units of Transcorp, 32.77m units of DN Tyre & Rubber Plc, 2.3m units of GTAssure and 19.2m units of Resort Savings and Loans Plc.

South Africa: Top 40 +0.38%, Vols USD 1.60bn

The JSE ended the day higher with the Top 40 Index gaining 0.38% to close at 30,402 while value traded amounted to USD 1.60bn. Financials were the day's biggest gainers with the Index gaining 1.43% followed by Industrials which gained 0.32% while Resources fell 0.05%. The Rand was trading at 7.71 and 10.23 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.68%, Vols USD 97k

The market recorded a turnover of USD 97,509. The counters that traded included CECZ, FQMZ, SCBL, ZMBF & ZSUG. FQMZ was the biggest contributor towards turnover with value traded in the name amounting to USD 93k. CECZ was the second biggest contributor towards turnover with value traded in the name amounting to USD 2k.

Zimbabwe: Industrials +0.15%, Mining +1.46%, Vols USD 710k

The industrial index ended the day +0.15% higher at 148.34pts.The Minings index managed to recoup part of its losses, ending the day 1.46% higher at 95.86pts. Volumes, were however thin, with only USD710k worth crossing the floor today. Delta added on 0.50c to 70c on 128,434 shares. Fidelity was up 0.46c at 19.06c. Natfood traded 3c higher at 120c. On the Mining's side, Bindura was unchanged at 2.20c. Falgold and Rio closed 1.25c and 3c higher at 10.25c and 60c respectively. Hwange ended the day at flat.