Movers & Shakers: January 05, 2018

Botswana: DCI unch, USD 349.00k

A massive Letshego day amounting to $340k contributing to 98% of the market turnover. Nothing to report from the rest of the market.

Kenya: NSE 20 +0.3%, USD 6m

The market was up for the second consecutive day to close the week in the positive territory, driven mainly by Safaricom, which was up 3.7% as it closed at 28.00. Safaricom also dominated the market turnover, accounting for about 50% of turnover. EABL was the second most active name, accounting for over 25% of turnover. Foreign participation was down to 65% from 74%.

Mauritius: Semdex +0.13%, USD 130k

Things went from bad to worse in Port Louis with total market turnover dropping to Rs4.2m today. The little activity that took place was all thanks to CIM (unch, Rs9.98), SBMH (+1.1%, Rs7.64) and MCBG (unch, Rs276.50) while the rest of the market was extremely quiet.

Nigeria: ASI +0.64%, USD 30.59m

The market closed the week higher as all indices were up. The Financials (Banks & Insurance) led the gains on the day. Crosses in NB, Nestle and Zenith dominated the action on the day, as all three names accounted for a total of about 60% of turnover.

Please note that the index figure above is correct at the time of writing.

Zimbabwe: Industrials +0.08%, USD 400.79k

A rather quiet way to the end of the week in Harare with market turnover dropping by 51% from yesterday

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