Movers & Shakers: January 29, 2015


Botswana: DCI +0.01%, USD 312k

A better day in Gaborone, but still nothing to write home about as turnover amounted to $312k with Sechaba (100k shares) driving proceedings.

Kenya: NSE 20 -0.25%, USD 6.9m

A decent enough day in Nairobi as turnover amounted to $6.9m with foreigners (58.1%) dominating activity. Foreign selling pressure drove EABL -1.3% lower on 578k shares. Safcom (-0.4%) was also driven lower by foreigners as 7.36m shares traded. Both KNCB and EQBNK closed the day unchanged as foreigners dominated activity in the counters with 1.77m shares and 1.13m shares traded respectively.

Mauritius: Semdex -0.20%, USD 3.2m

The hot-item of the day was MCBG, as the stock accounted 71% of total turnover. Several crosses in the name drove the share price to Rs198 (+0.51%), as 375,511 shares changed hands. Rogers recent rally came to an end, as it shed -4.9% to close at Rs29.00, with a total of 172,510 shares traded.

Nigeria: ASI -0.89%, USD 25.2m

A better day in terms of activity with the highlight of the day being a cross in ETI ($6.01m) as total market turnover amounted to $25.2m. There was also some action in GTB ($4.12m), Zenith ($2.02m) and Dangote Sugar ($1.79m). Banking stocks came under pressure with the sector falling -2.19% thanks to Zenith (-4.99%) and GTB (-2.20%). Consumers (-1.08%) also closed lower with Flour Mills (-5.00%), Dangote Flour (-3.33%), Guinness (-1.47%) and NB (-1.25%) dragging the sector lower.

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

Zimbabwe: Industrials +0.09%, USD 293k

Delta closed at 111.10c on the back of 77,100 shares traded as the stock accounted for 50.94% of total turnover. Econet and Innscor accounted 29.20% and 7.67% of total turnover, closing at 50c and 57c respectively. The rest of the market saw meager volumes, with persistent demand for Blue chip counters.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.53

+0.26

Nigeria

NGN

189.52

-3.21

Kenya

KES

91.70

-1.20

Mauritius

MUR

32.70

-2.91

Botswana

BWP

9.65

-1.52

Tanzania

TZS

1814.50

-4.49

Uganda

UGX

2860.00

-3.11

Rwanda

RWF

701.02

-1.60

Ghana

GHS

3.33

-3.52

BRVM

XOF

581.75

-6.81

Egypt

EGP

7.59

-5.80

Morocco

MAD

9.55

-5.01

Tunisia

TND

1.93

-3.55

contacts
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  • South Africa +27 11 268 5833