Movers & Shakers: July 20, 2012

African Currencies as at GMT 15:30

Botswana: DCI +0.01%, USD 56k

The DCI inched up +0.01% to end the day at 7,326.15pts. FSG accounted for 75% of the day's turnover with 233,238 shares trading in the name at 140t. Letlole addedon 1t to end the day 135t. Primetime traded level at 195t.

Egypt: Closed today

Kenya: NSE20 +0.38%, USD 2.2m

A much quieter session to end the week in Nairobi as foreigners mostly absent. There is still some foreign demand around and in the absence of active sell orders the NSE20 continued to print higher. Most of the foreign participation was on the buy side of Safcom as the name closed up 1.30% at KES3.90 capping a strong end to a strong week in the name. EABL was once again very active with crossing going through at the stable price of KES22. In the banking sector, KNCB and EqBnk were relatively quiet both ending the day unchanged at KES23.50 and KES22 respectively.

Mauritius: Semdex -0.12%, USD 1.2m

Both the Semdex and the Sem-7 ended the week in the red, down 0.12% and 0.08% respectively. MCB edged down 0.6% at Rs167. SBM was unchanged at Rs82 on 238,550 shares. NMH gained 1.6% at Rs65 on 9,1k shares. 127.3 shares were exchanged on Lux Island Resort, out of which 109.2k were crossed at Rs18.80. Swan saw a cross of 15k shares at Rs326 (-0.3%). The Dem lost 0.3%.

Nigeria: ASI -0.01%, USD 13.44m

The market went back to sleep today (no significant results released), $13.44m and drifted sideways whilst asleep. The banks accounted for almost half the value traded and lost -2.33%, the main drag on the index. GTB, UBA, FBN and Zenith all lost ground. UBA closed limit down at 4.18. GTB, NB and Wapco were the most active individual names. The consumer goods sector gained +0.66%. Flourmills, Unilever, Cadbury and DangS all finished in the black. The brewer Guinness closed limit up at 239.4. Listing of Scheme Shares - Ecobank Transnational Incorporated -listing of 401,259,881 Ordinary Shares at N12.12 per share: The Exchange today listed 401,259,881 scheme shares of Ecobank of Transnational Incorporation resulting from the acquisition of Ecobank Nigeria Plc on the daily official list of the exchange. With the listing of this scheme shares, Ecobank Nigeria Plc is hereby delisted from the Daily Official List of the Exchange.

South Africa: Alsi -0.19%, USD 1.3bn

The market lost ground today with all but the gold sector closing lower. Most global markets struggled today with shares, the euro and oil all dipping with no respite around for Spain. Foreigners, if anything, were buying defensive high yielding stocks with not much happening with the dual listed counters in terms of taking advantage of the weaker ZAR.

Zambia: LuSe -0.05%, USD 19k

Lusaka ended the week on thin trading with only USD 19k worth crossing the floor. CECZ lost 0.15% to end the day at K669. SCB gave-up yesterdays gains to end at K2.70. Lafarge was up 0.09% at K8,009. ZABR was up 0.04% at K 2,651. Zanaco traded 1.96% higher at K156. ZSUG was up 1.75% at K290.

Zimbabwe: Industrial Index -0.24%, Mining +3.65%, USD 4.1m

The industrial index failed to maintain the upward momentum gained over the past three day as it closed the week in the negative following widespread losses in banking stocks while gains in Econet and Innscor failed to liven up the market. The mining index however posted further gains in Friday trades to close 3.65% higher at 105.61points spurred by Rio which rose 17.50% to 47c albeit on thin trades. The industrial index slipped 0.24points or 0.18% to 132.03points after Barclays traded 3.13% softer at 3.1c, CBZ gave up 1.96% to 10c, NMB lost 4.35% to 1.1c while Trust eased 0.99% to 1c. Seedco also lost 3.41% to settle at 85c. Econet added 0.47% or 2c to 425c while Innscor crept up 1.77% to breach the 57c mark. Tractive Power reversed yesterday losses to gain 11.23% to 10c while Hunyani and ZHL added 6.67% and 4.35% to 8c and 1.2c respectively. Turnover improved 70% at $4.1m spurred by block trades in Delta and TSL. TSL advanced 1.12% to 9c as a block of 27.9m shares (representing 7.9%) worth $2.491m exchanged hands among foreign investors. Delta was steady at 68c and was the second largest valued traded stock with 2.045m shares exchanging hands in trades worth $1.4m.