Movers & Shakers: July 04, 2016


Botswana: DCI -0.10%, USD 2.9m

Local crossing in Sefalana (1330t) and Letshego (249t) were the main focal points today.

Kenya: NSE 20 -0.51%, USD 6.4m

For most of the day absolutely nothing happened. The only activity were 2 crosses in Equity Bank (+60bps, KES39.25) and KNCB (-70bps, KES33.50) while Safcom (-60bps, KES17.45)witnessed some mild trading. The rest of the market was eerily quiet.

Mauritius: -0.07%, USD 1.17m

Activity was heavily dominated by MCBG (unch, Rs211.00) with hardly anything else of note to report.

Nigeria: ASI -1.02%, USD 4.8m

As expected with the US out today we saw an absolutely woeful day of trading in Lagos. There was a clear lack of interest across the board as both banks (-1.08%) and consumers (-93bps) slipped lower. There was a cross in Wapco (-4.29%, N67.00) while they rest of the market was dead. In other news, the CBN dissolved the entire Skye Bank board and management amid concerns over capital adequacy.

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

Zimbabwe: Industrials +0.43%, USD 436k

Another dull start to the week in Harare with some activity in Delta ($311k) the only name worth mentioning.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.57

6.28

Nigeria

NGN

282.18

-29.37

Kenya

KES

101.15

1.14

Mauritius

MUR

35.33

1.47

Botswana

BWP

10.80

3.70

Tanzania

TZS

2189.40

-1.83

Uganda

UGX

3410.00

-1.11

Rwanda

RWF

800.00

-6.88

Ghana

GHS

3.96

-3.59

BRVM

XOF

592.63

4.36

Egypt

EGP

8.88

-11.89

Morocco

MAD

9.77

1.54

Tunisia

TNF

2.20

-7.12

contacts
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  • South Africa +27 11 268 5833