Movers & Shakers: January 17, 2012

Botswana: DCI -0.11%, Vols USD 793k

The Gaborone bourse witnessed increased activity today with urnover increasing to USD 793k compared to USD 24k yesterday. Barclays accounted for 22% of the day's vols with 186,617 shares trading flat at 690t. Letshego was also actively traded in with 607,129 shares trading 1t lower at 149t. BIHL added on 1t to 981t. FNBB rose by 2t to 263t and G4S increased by 4t to 610t. Furnmart was down 5t to 149t. Primetime lost 2t to 185t and Turnstar was down 5t to 130t.

BRVM: BRVM Comp-0.60%, BRVM 10 -0.72%, Vols USD 1.3m

The BRVM ended the day in the red with the BRVM Comp and BRVM 10 down 0.60% and 0.72% respectively. CFAO CI lost 3.03% at XOF 16,000, ETI was down 2.63% at XOF 37 while SHELL CI fell by 1.95% at XOF 12,550. SOGB increased by 3.70% to XOF 56,000 and BOA NG edged up 3.33% to XOF 31,000.

Egypt: EGX 30 +1.17%, Vols USD 42m

The market managed to end the day in positive territories, the leaving the EGX30 to end the day up 1.17%, to close at 3877.29 points. Market volumes remain weak but an improvement to resent market volumes, market traded a total turnover of USD 42m. Market was extremely volatile today starting on apparent weakness only to close the day at the highs particularly in blue-chips such as OCIC, COMI, ESRS, and HRHO on the back of increased buying interest from international institutions. The optimism is stemming from a growing conviction that the Jan 25th Revolution first anniversary will pass without any major conflicts or violent clashes between security forces and protesters.

Investor mix:
•  Foreigners were net Buyers by 29.41 mn EGP and were 21.37% of the market.
•  Egyptians were net Sellers by 22.32 mn EGP and were 74.58% of the market.
•  Arabs were net Sellers by 7.08 mn EGP and were 4.05% of the market.
•  Institutions were net Buyers by 2.16 mn EGP and were 34.00% of the market.
•  Retail were net Sellers by 24.48 mn EGP and were 65.99% of the market.

Kenya: NSE 20 -0.1%, Vols USD 1m

The NSE continued seeing thin vols with only USD 1m worth trading today. Local investor participation stood at 18.0%. Turnover however increased by 75.3% to USD 1.0m attributable to activity on Equity Bank, Safaricom and KCB Bank which drove trading in today’s session. Equity Bank edged up 0.3% to close at KES 15.95. Other banking stock, KCB traded at KES 16.55 (+0.3%) Safaricom increased by 1.6% to close at a new ytd high of KES 3.25. A total of 3.8m shares were traded with supply on the counter coming from both local and foreign investors. EABL moved KES 5.5m worth of shares with liquidity coming from local investors. The stock closed at a stable price of KES 174.00.

Mauritius: Semdex +0.03%, Vols USD 1.2m

The Semdex edged up 0.03% to 1,872.90pts while the Sem-7 increased by 0.18% to 348.88pts. 69,522 shares traded in MCB at a vwap of Rs166.25. SBM traded flat at Rs83. NMH was unchanged at Rs79. Lux remained level at Rs24.70. Sun Resorts lost 1.1% at Rs44.50. Rogers shed part of yesterday's gains to close lower at Rs335.

Nigeria: ASI +0.01%, Vols USD 9.59m

The Nigerian ASI gained 0.01% while value traded amounted to USD 9.59m. Top traded stocks were Continental Reinsurance Plc, Diamond Bank, Fidelity Bank, First Bank, GTB, Livestock Feeds Plc, Niger Insurance, Skye Bank, UBA and Zenith Bank. Top losers of the day were Dangote Flour Mills Plc (-5.00%), Union Bank (-4.97%), Avon Crown Plc (-4.88%), Vita Foam Plc (-4.87%) and Neimeth Pharmacy (-4.63%). The gainers were led by PZ (5.00%), Nigerian Breweries (5.00%), Julius Berger (5.00%), Cement Company of Northern Nigeria (5.00%) and Eternal Oil Plc (4.96%). The banking sector ASI closed up 1.21bps. In this sector, Diamond Bank traded 93m units and closed up 4.93% at N2.13 while Fidelity Bank also traded 11m units and closed up 1.44% at N1.41. First Bank traded 19m units and closed up 3.62% at N9.25. The sector also had crosses of 18.9m units of Skye Bank, 10.8m units of Fidelity Bank, 1m units of UBA, 92m units of Diamond Bank and 10m units of First Bank. In the building materials sector, Cement Company of Northern Nigeria traded 277k units and closed up 5.00% at N5.25 while Lafarge Wapco was up 0.25% closing at N43.76 and trading 131k units. Dangote Cement closed at N118 and traded 1.3m units in total. In the food and beverages sector, Nigerian Breweries traded 1.4m units and closed up at N98.76. Dangote Sugar closed down 0.85% at N4.66 with 868k units traded while Cadbury closed up 1.53% at N11.98 and traded 80k units in total. There was a cross of 1m units of Livestock Feeds Plc. There were also crosses of 13.9m units of Continental Reinsurance, 1m units of Paints and Coating Manufacturers Plc, 3.9m units of Niger Insurance Plc and 1m units of Ikeja Hotel Plc.

South Africa: Top 40 +0.69%, Vols USD 1.44bn

The JSE ended the day higher with the Top 40 Index gaining 0.69% to close at 29,843 while value traded amounted to USD 1.44bn. Resources were the day's biggest gainers with the Index gaining 1.38% followed by Financials which gained 0.77% while Industrials fell 0.02%. The Rand was trading at 8.04 and 10.23 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE -1.40%, Vols USD 10k

The market recorded a turnover of USD 10,468. The counters that traded today included AELZ, BATZ, CECZ, FQM, SCBL, ZMFA and ZSUG. The biggest contributor towards turnover was CECZ, 24,000 shares traded at an average of price of ZMK 665.20, turnover amounted to USD 3,192. The second biggest contributor towards turnover was FQM, 2,500 ZDR’s traded at an average price of ZMK 200, turnover amounted to USD 2,250.

Zimbabwe: Industrials +0.73%, Mining Unch, Vols USD 1m

The industrial index increased by 0.73% to144.08pts. Innscor edged up +2.39% to 60c. Delta reversed yesterday’s losses trading 0.72% higher at 70c. Seedco and Natfoods put on +1.76% and +1.73% to 122.11c and 88c respectively. Turnal led the day’s risers advancing +26.88% to 11.8c and was the day’s top traded counter after 2.1m units worth $252,000 exchanged hands. The mining index was steady at 77.13pts after Bindura and Rio traded unchanged at previous levels of 3c and 30c respectively while Hwange was bid and offer at 28c and 32c respectively.