Movers & Shakers: January 14, 2015


Botswana: DCI Data not available

Kenya: NSE 20 +1.09%, USD 5.7m

Turnover finally showed some signs of life in Nairobi thanks to some increased participation from foreign investors. Strong foreign buying in Safcom (+1%, KES14.85) and KNCB (+2.6%, KES59.00) were the main drivers of the market both in terms of direction and turnover. There was also improved activity in the likes of Equity Bank (+1.5%, KES50.50), Centum (+5.3%, KES69.00) and EABL (unch, KES305).

Mauritius: Semdex -0.34%, USD 2.5m

MCBG and NMH accounted for 56.4% of total volume traded. MCBG traded 165k shares closing at a price of Rs195 while NMH saw a cross of 167k shares to close at Rs76. PBL continued its run, reaching a new all time high of Rs255, while the rest of the counters hobbled behind.

Nigeria: ASI -3.84%, USD 20.8m

The red screens continue unabated in Nigeria while volumes remain on the thin side. Banks fell by 4.46% as selling in every name in the sector took place. Activity was focused on the likes of Zenith (-4.99%, N15.60) and GTB (-4.94%, N18.30). Consumers (-55bps) were also soft although a strong outperformance in PZ (+10%, N27.21) gave the sector a leg up. The bulk of the activity took place in NB (-72bps, N138.00) and Nestle (-6bps, N798.50). Dangcem saw some good action today yet also took a pounding as it fell by 9.19% to N151.10. The oil sector saw some decent trading with Oando (+2.42%, N16.50) and Forte Oil (+2.02%, N227.00) leading the way.

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

Zimbabwe: Industrials +0.40%, USD 397k

Paltry volumes continue to be the order of the day in Harare. BAT had the highest turnover , USD 288k on the back of 20,000 shares traded. Other notable contributors were Delta (22,000 shares) and Seedco (25,154 shares), closing at a price of 107c and 97.50c respectively.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.48

+0.78

Nigeria

NGN

183.25

+0.11

Kenya

KES

91.35

-0.82

Mauritius

MUR

32.30

-1.70

Botswana

BWP

9.58

-0.28

Tanzania

TZS

1736.75

-0.22

Uganda

UGX

2890.00

-4.12

Rwanda

RWF

690.50

-0.10

Ghana

GHS

3.24

-0.92

BRVM

XOF

558.00

-2.99

Egypt

EGP

7.15

+0.01

Morocco

MAD

9.27

-2.10

Tunisia

TND

1.89

-1.47

contacts
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  • South Africa +27 11 268 5833