Movers & Shakers: January 16, 2015


Botswana: DCI -0.03%, USD 145k

Absolutely nothing to report on today.

Kenya: NSE 20 +0.04%, USD 7.1m

A solid enough day to end the week in Nairobi as turnover increased to $7.1m with foreigners dominating proceedings. EQBNK (+1.0%) was the most active name on the day as 4.83m shares traded in the name with foreigners dominating both sides after news that Norfinance is to buy 12.2% of the company. There was also some action in KNCB and Safcom as 2.08m shares and 5.71m shares traded in the names respectively.

Mauritius: Semdex -0.06%, USD 470k

Dark clouds continue to hover over the Port Louis as indices close in the red. The notable gainer of the day was MCBG (+0.5%) closing at Rs196 on a meager 490 shares, while SBM maintained its weekly trend to close at Rs1.01 on a total of 396.4k shares traded.

Nigeria: ASI +0.78%, USD 15.5m

Strength in the banks was the most notable point to take out of todays session despite very quiet volumes across the board. Banks gained 2.89% with good performance in the likes of Zenith (+5%, N16.48), GTB (+2.17%, N17.90) and Access (+3.85%, N5.12). The consumers closed up 18bps despite weakness on big volumes in NB (-71bps, N139.00) and Guinness (-1.52%, N130.00). There was outperformance in UACN (+9.28%, N30.98) and Flourmills (+5%, N35.64).

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

Zimbabwe: Industrials +0.64%, USD 1.08m

Seedco closed the day strong on the back of 701,523 shares traded at 100c. Other gainers were Innscor (+5.3%) trading 303,114 shares to close at a price of 57c, Delta (+0.9%) traded 20,869 shares to close at 109c and Seedco registered the highest number of shares, 701,523 in total closing at 18c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.57

+0.04

Nigeria

NGN

186.65

-1.71

Kenya

KES

91.50

-0.98

Mauritius

MUR

32.40

-2.01

Botswana

BWP

9.56

-0.71

Tanzania

TZS

1773.50

-2.28

Uganda

UGX

2885.00

-3.95

Rwanda

RWF

690.50

-0.10

Ghana

GHS

3.27

-1.75

BRVM

XOF

570.98

-5.03

Egypt

EGP

7.14

+0.05

Morocco

MAD

9.41

-3.62

Tunisia

TND

1.91

-2.78

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833