Movers & Shakers: January 28, 2016


Botswana: DCI unch, USD 771k

Some action in Letshego the only name worth mentioning as 3m shares changed hands.

Kenya: NSE 20 +0.09%, USD 5.5m

Another quiet day in Nairobi as foreigners continue to dominate. EABL was the most active counter on the day as 911k shares traded with foreigners dominating both sides. The brewer released H1 2016 results after the close with net sales increasing +8% while PAT increased by +16%. There was some action in KNCB as 3.7m shares traded while Safcom was very quiet as 3.5m shares changed hands in the telco.

Mauritius: Semdex +1.19%, USD 620k

The Port Louis bourse rallied hard today although please note it was on light volumes and the main reason for this was a massive 4.2% jump in NMH (Rs21.00) as well as a ridiculous 19.6% rise in IBL (Rs136.00). The reason for the IBL rally was the announcement that it may amalgamate with GML Investissement Ltee (the parent company).

Nigeria: ASI +1.14%, USD 10m

Another very sluggish day in Lagos with some activity in GTB ($3.5m), Zenith ($1.9m) and NB ($1.5m) while the rest of the market was very quiet. Banks had a very good day with the sector gaining +3.30% thanks to strong moves in Access (+9.21%), UBA (+5.09%) and Zenith (+5.00%). Consumers (+0.81%) also closed the day higher thanks to Cadbury (+4.97%) and NB (+3.47%).

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

Zimbabwe: Industrials +0.34%, USD 79k

An absolutely pathetic day in Zimbabwe as things just seem to go from bad to worse.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

16.20

-4.49

Nigeria

NGN

198.50

+0.40

Kenya

KES

102.26

+0.03

Mauritius

MUR

36.02

-0.47

Botswana

BWP

11.53

-2.57

Tanzania

TZS

2,188.00

-1.77

Uganda

UGX

3,485.00

-3.24

Rwanda

RWF

767.50

-2.93

Ghana

GHS

3.99

-4.70

BRVM

XOF

613.07

+0.86

Egypt

EGP

7.83

-0.12

Morocco

MAD

9.87

+0.51

Tunisia

TND

2.03

+0.12

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