A dull way to end the week in Gaborone with BTCL ($7.33k) accounting for the a third of total market turnover. Barclays ($5.12k) and Letshego ($3.27k) were the other two names that contributed little volume on the day.
The market closed the week in the negative territory, as foreign participation dropped to 49% from 71%. EABL, Safcom, KNCB and NICB were the stocks with the highest turnover, all accounting for 78% of total market turnover.
MCBG (+0.2%, Rs278.50) clipped higher again today on thin volume. SBMH (+1.0%, Rs7.98) was dominated by foreign purchases. Both the Semdex (+0.44%) and the Sem-10 (+0.24%) closed the week higher.
The market closed the week on a negative note as profit taking dominated the action in the Banks (-2.23%), which was the only index that closed lower. The top four trades by turnover were all banks, Guaranty, Zenith, FBNH and Access, all accounting for 52% of turnover.
Please note that the index figure above is correct at the time of writing.
The market closed lower for the third consecutive session on average turnover. Major losses were recorded in BATZ, Innscor, Mash and Padenga. While Delta ($420k), Innscor ($270k), Hippo ($173k) and OML ($117k) dominated turnover.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 12-Jan-18 | YTD % | Country | Notation | 12-Jan-18 | YTD % | ||||
Botswana | DCI | 8818.91 | -0.47% | Botswana | BWP | 9.83 | 0.20 | ||||
Egypt | CASE 30 | 15242.48 | 1.46% | Egypt | EGP | 17.72 | 0.50 | ||||
Kenya | NSE 20 | 3708.75 | 0.11% | Ghana | GHS | 4.52 | -0.33 | ||||
Malawi | MASI | 21869.66 | 1.26% | Kenya | KES | 103.07 | 0.11 | ||||
Mauritius | SEMDEX | 2258.84 | 2.57% | Morocco | MAD | 9.27 | 0.65 | ||||
SEM 10 | 431.88 | 2.38% | Mauritius | MUR | 33.27 | 0.90 | |||||
Morocco | MASI | 12535.17 | 1.10% | Nigeria | NGN | 360.20 | -0.06 | ||||
Nigeria | NSI | 42743.65 | 11.70% | Rwanda | RWF | 854.50 | -0.06 | ||||
Tanzania | TSI | 3923.55 | 0.11% | Tunisia | TND | 2.48 | -0.83 | ||||
Rwanda | RSI | 135.05 | -0.24% | Tanzania | TZS | 2,239.00 | -0.20 | ||||
Uganda | USE ALSI | 2017.92 | 2.04% | Uganda | UGX | 3,649.39 | -0.17 | ||||
Zambia | LUSE All Share | 5291.68 | -0.67% | BRVM | XOF | 566.20 | -0.35 | ||||
Zimbabwe | Industrial Index | 316.10 | -3.05% | South Africa | ZAR | 12.41 | -0.18 | ||||
Mining Index | 134.37 | -5.65% | Zimbabwe | *OMIR | 1.56 | 5.94 | |||||
*Zimbabwe Old Mutial Implied Rate |