Movers & Shakers: January 30, 2015


Botswana: DCI +0.01%, USD 313k

The big mover of the day was Letshego, trading 3.8m shares in total to close at 248t. The rest of the counters were dead .

Kenya: NSE 20 +0.34%, USD 8.2m

Activity picked up steadily throughout the week in Nairobi as foreign participation slowly returns. Today was no different and foreign buying drove both volumes and market direction. The most active names were KNCB (unch, KES58.50) and Safcom (+40bps, KES14.15) which both saw high foreign activity on both sides. There was also some chunky trading on the normally quiet names Centum (-1.6%, KES62.00) and BATK (unch, KES900). Equity Bank and EABL were both quiet.

Mauritius: Semdex +0.02%, USD 2.56m

Foreigners accounted for 58% of total turnover in NMH, with the counter trading 240k shares to close at a high of Rs72.00. The banking stocks however ,took first prize, as they accounted for 78% of total Market turnover. MCGB Closed at Rs198.01 , trading 65k shares, while SBM closed flat at Rs1.01 trading a bulky 27,3m shares.

Nigeria: ASI -0.27%, USD 25.3m

The Lagos market started off quietly yet again yet some crosses throughout the day once again helped volumes to a reasonable level. Banks shed 1.27% for the session with all names in the sector closing in the red. The bulk of the action took place in Zenith (-99bps, N16.01), GTB (-1.86%, N20.03) and FBNH (-2.61%, N7.09). Consumers ended the session marginally in the green although outside of some chunky crosses in NB (-13bps, N142.02) and Guinness (-5bps, N129.99) the sector was extremely quiet.

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

Zimbabwe: Industrials +0.40%, USD 90k

The market was extremely quiet today, as turnover amounted to a mere 90k. Ok Zim, Delta and Seedco , the most active stocks in the market, all closed flat on the back of 1,405, 17000 and 5,342 shares respectively.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.62

-0.47

Nigeria

NGN

188.50

-2.68

Kenya

KES

91.60

-1.09

Mauritius

MUR

32.66

-2.79

Botswana

BWP

9.66

-1.24

Tanzania

TZS

1775.00

-2.37

Uganda

UGX

2855.00

-2.94

Rwanda

RWF

690.50

-0.10

Ghana

GHS

3.37

-4.52

BRVM

XOF

582.57

-6.95

Egypt

EGP

7.58

-5.76

Morocco

MAD

9.57

-5.15

Tunisia

TND

1.93

-3.60

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