Another uneventful day in Gaborone today.
The index closed lower with increased turnover on the day, with foreign participation still below the 50% mark. Crosses in KNCB, Safcom and EABL dominated the action on the day, as the afore-mentioned names accounted for 82% of total market turnover.
Another positive day in Nigeria, as the industrial heavyweight, Dangcem, closed up 5% on the day, while the Consumers Index was the only index in the red. Crosses in Dangcem and Guaranty, dominated the turnover on the day, with both names accounting for 37% of total market turnover.
Please note that the index figure above is correct at the time of writing.
Trading on the stock exchange improved with investors looking at the large stocks once again as turnover advanced by over $1m from yesterday’s session. Delta ($1.5m) and Seedco ($605k) were the main instigators contributing to the activity on the bourse with both stocks combined accounted for 90% of total market turnover as the rest of the market was quiet.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 17-Jan-18 | YTD % | Country | Notation | 17-Jan-18 | YTD % | ||||
Botswana | DCI | 8811.98 | -0.54% | Botswana | BWP | 9.78 | 0.59 | ||||
Egypt | CASE 30 | 15198.54 | 1.16% | Egypt | EGP | 17.69 | 0.69 | ||||
Kenya | NSE 20 | 3698.18 | -0.17% | Ghana | GHS | 4.55 | -0.91 | ||||
Malawi | MASI | 21969.50 | 1.72% | Kenya | KES | 103.10 | 0.08 | ||||
Mauritius | SEMDEX | 2258.07 | 2.54% | Morocco | MAD | 9.24 | 0.92 | ||||
SEM 10 | 462.45 | 9.63% | Mauritius | MUR | 32.88 | 2.10 | |||||
Morocco | MASI | 12939.66 | 4.37% | Nigeria | NGN | 360.21 | -0.06 | ||||
Nigeria | NSI | 44885.24 | 17.30% | Rwanda | RWF | 854.75 | -0.09 | ||||
Tanzania | TSI | 3938.28 | 0.49% | Tunisia | TND | 2.45 | 0.80 | ||||
Rwanda | RSI | 134.97 | -0.30% | Tanzania | TZS | 2 236.24 | -0.12 | ||||
Uganda | USE ALSI | 2017.19 | 2.00% | Uganda | UGX | 3 630.79 | 0.34 | ||||
Zambia | LUSE All Share | 5316.73 | -0.20% | BRVM | XOF | 561.56 | 0.47 | ||||
Zimbabwe | Industrial Index | 311.37 | -4.50% | South Africa | ZAR | 12.31 | 0.62 | ||||
Mining Index | 134.52 | -5.55% | Zimbabwe | *OMIR | 1.53 | 4.25 | |||||
*Zimbabwe Old Mutial Implied Rate |