Movers & Shakers: July 06, 2012

African Currencies as at GMT 15:30

Botswana: DCI +0.11%, USD 144k

Turnstar contributed to 95% of the day's turnover with 623,031 shares trading in the name 4t higher at 170t. Engen and Letlole picked up 1t each to end the day at 555t and 132t respectively. G4S lost 1t at 592t.

Egypt: EGX 30 +0.35%, USD 65m

Closed

Kenya: NSE 20 -0.05%, USD 3.6m

The activity was driven mostly by local players today, accounting for 66% of the activity, measured by value. Foreigners focused their attention on Equity Bank, EABL and BAT whilst locals where most interested in KCB, Equity, Uchumi Supermarkets and Scom. The foreign interest in EABL, with supply around, meant that the counter was one of the most active – accounting for 20% of the days total activity. Equity Bank was the flavor that appealed most to locals while foreigners were happy to serve the name to them.

Mauritius: Semdex -0.05%, USD 612k

The market ended the week in the negative dragged by weaknesses on SBM, NMH and Rogers. SBM lost 0.6% at Rs82 while NMH was down 0.8% to close at Rs64.50. Rogers witnessed a cross of 6.5k shares at Rs318 but ended the day down 0.9% at Rs317 on 700 shares traded. MCB traded level at Rs170. 85.5k shares were traded in Terra out of which 51.8k shares were crossed at Rs38.80. The name however ended the session at Rs38.30.

Nigeria: ASI +0.28%, USD 9.28m

Another day where the NSE tracks higher but on thin vols – less than $10m. The banks closed flat with heavy weights FBN, UBA and Zenith closing higher but almost all the other banks closing in the red. Two of the names from the food & bev sector shot lights out today, Nestle +% and DangF +4.97%. The conglomerates were not so lucky, PZ -4.3% and UACN -1.64.

South Africa: ALSI +0.10%, USD 1.1bn

The JSE traded unch today on low vols. The demand for safety increased after US employers added fewer jobs than expected. The golds took a beating -1.67%while the banks and resources sectors also lost ground, -0.1% and -0.91% respectively. The financial and industrial sectors were the lone gainers +0.1% and +0.71% respectively.

Zambia: LuSE +0.26%, USD 7k

With only 7k worth exchanging hands on the LuSE, the index ended the day 0.18% higher at 3,893.36 pts. CEC lost 0.58% to end the day at K689. NATB was down 0.01% at 8,000k. ZSUG traded 1.82% higher at K280.

Zimbabwe: Industrial Index +0.25%, Mining 1.59%, USD 2.8m

Turnover on ZSE increased to USD2.8m buoyed by trades in Delta, Econet, ABC and Aico. Delta saw 1,052,00 shares trade at 66c. 265,077 shares traded in Econet at 430c. ABC lost 4c to end the day 56c on 284,891 shares. Aico traded 0.90c higher at 11.50 on 1,503,256 shares. Rio Zim added on 2c to end at 32c. Bindura was up 0.10c to 3.20c while Hwange ended the day 0.01% higher at 23.01c. The Industrial Index increased by 0.25% while the Mining's Index gained 1.59%.