The market closed lower for the second consecutive day on higher turnover, as foreign participation increased to 83% from 76%. Safaricom dominated the action on the day, accounting for 54% of total market turnover as its closing price remain unchanged.
An average day to kick off the first trading day of the new year in Port Louis with MCBG rising 0.7% to traded at Rs275.00 which made up 70% of total market turnover. The rest of the market was extremely quiet.
The market closed lower on slightly higher volumes, with the Industrial heavyweight, Dangcem, dragging the market lower as it closed down 3.04%. Zenithbank had the highest turnover of the day, accounting for 17% of total market turnover.
Please note that the index figure above is correct at the time of writing.
Some decent activity in the top names carried the market with the likes of Old Mutual traded $114k @ 460.38c (-2.04%) and Delta $144k at 155.00c (+3.33%) having their say on a semi-decent day on the bourse. The rest of the market was extremely quiet.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 3-Jan-18 | YTD % | Country | Notation | 3-Jan-18 | YTD % | ||||
Botswana | DCI | -100.00% | Botswana | BWP | 9.83 | -0.10 | |||||
Egypt | CASE 30 | 14833.73 | -1.26% | Egypt | EGP | 17.69 | 0.67 | ||||
Kenya | NSE 20 | 3676.48 | -0.76% | Ghana | GHS | 4.54 | -0.74 | ||||
Malawi | MASI | 21711.40 | 0.52% | Kenya | KES | 103.25 | -0.07 | ||||
Mauritius | SEMDEX | 2215.67 | 0.61% | Morocco | MAD | 9.33 | -0.03 | ||||
SEM 10 | 425.05 | 0.77% | Mauritius | MUR | 33.43 | 0.43 | |||||
Morocco | MASI | 12420.15 | 0.18% | Nigeria | NGN | 360.63 | -0.18 | ||||
Nigeria | NSI | 38187.28 | -0.20% | Rwanda | RWF | 845.16 | 1.05 | ||||
Tanzania | TSI | 3923.00 | 0.10% | Tunisia | TND | 2.50 | -1.67 | ||||
Rwanda | RSI | 135.38 | 0.00% | Tanzania | TZS | 2,239.00 | -0.20 | ||||
Uganda | USE ALSI | 1977.10 | -0.03% | Uganda | UGX | 3,643.14 | 0.00 | ||||
Zambia | LUSE All Share | 5327.58 | 0.00% | BRVM | XOF | 569.64 | -0.96 | ||||
Zimbabwe | Industrial Index | 327.40 | 0.42% | South Africa | ZAR | 12.35 | 0.36 | ||||
Mining Index | 142.42 | 0.00% | Zimbabwe | *OMIR | 1.50 | 2.04 | |||||
*Zimbabwe Old Mutial Implied Rate |