Movers & Shakers: January 03, 2012

Botswana: DCI unch, Vols USD 142k

The market closed the day unchanged with the DCO closing at 6,967.78 while value traded amounted to USD 142k. BIHL (980t, +4t) was the only name to close in positive territory. Sefalana (280t, -1t) was the only name to traded lower on the day.

BRVM: BRVM Comp -0.31%, BRVM 10 - 0.43%, Vols USD 1m

The market closed the day lower with the BRVM Composite falling 0.31% to close at 140.15 while the BRVM 10 fell 0.43% to close at 160.32. value traded amounted to USD 1m. SERVAIR ABJ was the day's biggest gainer with the name gaining 15.51% to close at XOF 8,600. PALM CI was the day's biggest loser, falling 5.88% to close at XOF 16,000.

Egypt: EGX 30 -0.02%, Vols USD 16.57m

The market ended the day slightly lower, leaving the EGX 30 to end the day down 0.02%, to close at 3654.79 points. Volumes remain extremely weak, market traded a total turnover of USD 16.57m. The market opened lower to reach a low of 3638.96 points, after an hour of trading the market changed it trading sentiment to trade higher to reach a high of 3655.58 points, with OCIC leading the market accounting for approx 13% of total turnover, the name ended the day down 1.47%% to close at EGP203.23. COMI managed to trade against the market sentiment, the name ended the day up 1.59%, to close at EGP19.17.

Investor mix:
•  Foreigners were net Buyers by 1.782 mn EGP and were 27.82% of the market.
•  Egyptians were net Sellers by 0.375 mn EGP and were 69.64% of the market.
•  Arabs were net Sellers by 1.407 mn EGP and were 2.54% of the market.
•  Institutions were net Sellers by 0.724 mn EGP and were 40.14% of the market.
•  Retail were net Buyers by 0.349 mn EGP and were 59.85% of the market.

Please note : The EGX will be closed this Sunday, January 8th which is a national holiday. Trading will resume again on Monday, January 9th.

Kenya: NSE 20 -0.29%, Vols USD 1.53m

The market closed the day lower with the NSE 20 Index falling 0.29% to close at 3,203.35 while value traded amounted to USD 1.53m. Foreign purchases accounted for USD 956k of total purchases while foreign sales accounted for USD 365k of total sales. KCB was the biggest contributor towards value traded (USD 299k) with the name closing flat at 16.75. SCAN was the second biggest contributor towards value traded (USD 287k) with the counter gaining 1.19% to close at 42.50. EQBNK fell 1.119% to close at 16.55 and was the third biggest contributor towards value traded (USD 173k).

Mauritius: Semdex +0.13%, Vols USD 251k

The market ended the day higher with the Semdex gaining 0.13% to close at 1,890.12 while value traded amounted to USD 251k. MCB gained 0.60% to close at 167.00 while SBM closed flat at 84.00. NMH gained 0.61% to close at 82.50 while Rogers closed the day flat at 325.00. ENL Land fell 0.71% to close at 42.20 while Terra Mauricia (previously Terra Mauricia) closed the day flat at 38.20.

Nigeria: ASI -0.13%, Vols USD 12.24m

The Nigerian ASI fell 0.13% while value traded amounted to USD 12.24m. Top traded stocks were Champion Breweries, UBA, First Bank, FCMB, Skye Bank, Zenith Bank, Japaul Oil, Fidelity Bank, GTB and Access Bank. Top losers of the day were Champion Breweries (-54.09%), Eterna Oil (-5.00%), Sterling Bank (-4.95%), Ikeja Hotel (-4.94%) and Custodian & Allied Insurance (-4.70%) The gainers were led by Forte Oil (5.00%), Okomu Oil (4.98%), Access Bank (4.96%), Fidson Healthcare (4.88%) and May & Baker (4.81%). The banking sector ASI closed down 67bps. Access Bank closed up 4.96% at N5.29 and traded 4.49m units while First Bank closed down 2.98% at N 8.80 and traded 16.24m units. Zenith Bank closed up down 0.16% at N12.28 while trading 6.95m units in total. The sector also had crosses of 10.5m units of FCMB, 2.2m units of Fidelity Bank, 4m units of Skye Bank and 22m units of UBA. In the building materials sector, Lafarge Wapco closed flat at N43.25 and traded 93k units while Ashaka Cement also closed flat at N11.61 and traded 272k units. Dangote Cement closed flat at N110.77 and traded 7k units in total. In the food and beverages sector, Nigerian Breweries closed down 0.02% at N95.01 and traded 1.08munits while Nestle closed flat at 423.38 and traded 134k units. Cadbury closed up 3.51% at N11.8 and traded 96k units. The sector also had a cross of 513m units of Champion Breweries. There was also a cross of3.5m units of Multiverse Plc. Market participation may have been split 35% - 65% between foreign and local investors respectively as we believe that Champion Breweries which accounted for about 50% of the entire market was done by local participants.

South Africa: Top 40 +0.35%, Vols USD 940m

The JSE ended the day higher with the Top 40 Index gaining 0.35% to close at 29,366 while value traded amounted to USD 940m. Resources were the day's biggest gainers with the Index gaining 1.19% while Industrials and Financials fell 0.30% and 0.05% respectively. The Rand was trading at 8.12 and 10.52 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE -0.02%, Vols USD 231k

The market recorded a turnover of USD 231,711. The counters that traded today included CECZ, FARM, FQMZ, INVE, SCBL, ZMBF, ZNCO and ZSUG. The biggest contributor towards turnover was ZMBF, 289,154 shares traded at an average price of ZMK2950, turnover amounted to USD 170,600. The second biggest contributor towards turnover was ZNCO, 202,951 shares traded at an average price of ZMK1350, turnover amounted to USD 54,796.

Zimbabwe: Industrials -2.12%, Mining -19.34%, Vols USD 636k

The Industrial Index continued with its negative trend for the second day of trading this year. The Index lost 2.12% after heavy losses recorded across the whole market sectors. The Financial sector was the major contributor to the negative trend of the Index after heavy losses in ABCH, BARCLAYS, CBZ and NICOZ. A marginal 0.25% gain in TN couldn't better this sector's performance. The Agricultural sector also impacted the Index negatively with heavy loses being recorded in AICO, HIPPO, TSL. A 3.66% gain in Padenga was one of the few positives on the day. The trading pattern was 19 losers, 3 gainers and 49 non-movers. However the widening bid-ask spread may result in erratic trades and a continued negative trend of the Index for the remainder of the week. The mining Index recorded its biggest fall since trading opened this year with a 19.34% loss resulting from a sharp 25% loss in Hwange. Hwange closed at 30 cents after lossing 10 cents from its opening 40-cents price.