The market started the year on a quiet note, with turnover dropping 17%. Safcom and Equity Bank dominated the turnover, with both names accounting for 54% and 21% of turnover respectively. Foreign participation in the market was up to 76%.
The market closed higher on thin volumes, while the Banks and Oils closed lower. A cross in Zenith Bank was the major action on the day, with the name accounting for 36% of turnover.
Please note that the index figure above is correct at the time of writing.
A rather quiet start to the new year in Harare with a measly $27k trading which was spread across the board, the Industrial Index lost 7 almost points with Delta, Ecoet and Old Mutual being the major contributors to its downfall as the Mining Index was unmoved at 142points.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 3-Jan-18 | YTD % | Country | Notation | 3-Jan-18 | YTD % | ||||
Botswana | DCI | 8860.13 | -8.67% | Botswana | BWP | 10.01 | 6.73 | ||||
Egypt | CASE 30 | 15023.76 | 21.71% | Egypt | EGP | 17.87 | 1.40 | ||||
Kenya | NSE 20 | 3704.51 | 16.27% | Ghana | GHS | 4.53 | -9.27 | ||||
Malawi | MASI | 21598.07 | 62.14% | Kenya | KES | 103.10 | -0.61 | ||||
Mauritius | SEMDEX | 2202.14 | 21.77% | Morocco | MAD | 9.42 | 7.46 | ||||
SEM 10 | 421.82 | 22.25% | Mauritius | MUR | 33.79 | 6.44 | |||||
Morocco | MASI | 12398.45 | 6.48% | Nigeria | NGN | 361.02 | -12.66 | ||||
Nigeria | NSI | 38264.79 | 42.38% | Rwanda | RWF | 844.59 | -2.67 | ||||
Tanzania | TSI | 3919.25 | 6.56% | Tunisia | TND | 2.48 | -6.59 | ||||
Rwanda | RSI | 135.38 | 6.38% | Tanzania | TZS | 2 234.63 | -2.40 | ||||
Uganda | USE ALSI | 1977.67 | 33.86% | Uganda | UGX | 3 622.82 | -0.73 | ||||
Zambia | LUSE All Share | 5327.58 | 28.11% | BRVM | XOF | 570.86 | 10.35 | ||||
Zimbabwe | Industrial Index | 326.04 | 123.93% | South Africa | ZAR | 12.69 | 8.29 | ||||
Mining Index | 142.42 | 143.41% | Zimbabwe | *OMIR | 1.52 | -9.92 | |||||
*Zimbabwe Old Mutial Implied Rate |