Movers & Shakers: February 24, 2012


Botswana: DCI -0.06%, Vols USD 57k

The DCI ended the day 0.06% lower at 6971.74pts. Vols stood at USD 57k , dominated by choppies which accounted for 48% of the day's turnover. Choppies ended the day 3t lower at 175t on 114,304 shares. Cresta added on 1t to end the day at 91t. Letshego was unchanged at 140t on 10905 shares. G4S, Letlole and NAP ended the day at previous levels.

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

Ghana: Vols USD 36k

Value traded on the Ghanaian Stock Exchange amounted to USD 36k. Total was the biggest contributor towards value traded (37.66%) with the name closing at 23.01. UNIL was the second biggest contributor towards value traded (18.33%) with the counter closing at 8.00.

Kenya: NSE 20 +1.2%, Vols USD 1.5m

Turnover on the Nairobi bourse declined by 39.6%, despite increased foreign investor participation. BAT edged up 15.4% as investors responded to better than expected jump in FY11 (+75%.3 y/y) PAT. Transcentury eased 2.3% ahead of FY11 results. KenolKobil added on 1.4% on foreign investor buying ahead of FY11 results. KPLC increased by 2.7%.

Mauritius: Semdex -0.48%, Vols USD 1.6m

The market witnessed increased vols on the last day of trading. USD 1.6m crossed the floor today. However, the Semdex and the Sem-7 ended the week in the red, down 0.48% and 0.47% respectively.MCB fell to Rs164 at close with a significant cross of 109,400 shares. SBM was unchanged at Rs81. NMH lost 2.05% at Rs71.50.

Nigeria: ASI +0.34%, Vols USD 22.54m

The NSE ASI gained 0.34% while value traded amounted to USD 22.54m. Top traded stocks were UBA, Zenith Bank, First Bank, Transcorp, Access Bank, Fidelity Bank, DN Tyre & Rubber Plc, Skye Bank, Ecobank Transnational Incorporated and Sterling Bank. Top losers of the day were Union Bank (-4.99%), Dangote Flour (-4.97%), UAC Properties (-4.96%), Honeywell Flour (-4.95%) and Goldlink Insurance (-4.92%). The gainers were led by UPL (4.98%), National Salt Company of Nigeria (4.89%), Ikeja Hotel (4.86%) and UBA (4.85%). In the Banking sector, UBA closed up 4.85% at N2.38 and traded 170m units while Zenith Bank also closed up 1.75% at N13.35 while trading 78m units. First Bank closed up 1.91% at N12.30 while trading 43m units. The sector also had crosses of 6.4m units of First Bank, 40m units of Zenith Bank and 136m units of UBA. In the building materials sector, Cement Company of Northern Nigeria closed flat at N4.60 and traded 246k units while Ashaka Cement also closed flat at N10.50 and traded 132k units in total. Lafarge Wapco closed flat at N40.80 and traded 214k units. In the food and beverages sector, Nigerian Breweries closed down 0.53% at N97.99 and traded 3.26m units in total while Nestle closed flat at N420 and traded 204k units. Cadbury closed up at N2.11 and traded 245k units in total.

South Africa: Top 40 +0.52%, Vols USD 1.63bn

The JSE ended the day higher with the Top 40 Index gaining 0.52% to close at 30,560 while value traded amounted to USD 1.63bn. Financials were the day's biggest gainers with the Index gaining 1.57% followed by Industrials which gained 0.31% while Resources fell 0.21%. The Rand was trading at 7.59 and 10.20 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.02%, Vols USD 5k

The market recorded a turnover of USD 5,055. The names that traded included CECZ, SCBL and LAFA. LAFA was the biggest contributor towards value traded, with turnover in the name amounting to USD 3,614. CECZ was the second biggest contributor towards value traded with turnover in the name amounting to USD 1,040.

Zimbabwe: Industrials -0.95%, Mining Unch, Vols USD 723k

The industrial index lost -0.95% at 146.93pts. A number of counters which enjoyed a fine run over the past few weeks saw investors cream off profits: (Afre -5.26%), Meikles (-2.78%), Colcom (-5.71%), Innscor (-3.23%) and TN (-15%) while African sun and Dawn hang precariously at 1.2c and 1c respectively. Selling pressure in CBZ saw the group give up 10.11% to 8c while fellow banking group ABCH lost -7.41% to 75c. The trading session closely mirrored the past few sessions where small cap and mid cap counters dominate trading with only handful of heavy caps recording sizeable volumes. Total volumes traded dropped marginally to 22.6m units as turnover remained largely unchanged at $723,784. Notable volume movers were ART (6.2m), Gulliver (1m), Mash (3.2m), NMBZ (3.2m), Pelhams (709k) while Delta was the only heavy cap counters after 344,978 units traded at a stable price of 70c. The mining index closed the week steady at 92.86pts after all mining stocks traded at previous levels. Rio was unmoved at 60c and closed net sellers at the same level and Hwange was firm buyers at 30c.

contacts
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