Movers & Shakers: July 20, 2016

Botswana: DCI -0.06%, USD 27k

A dire start to the trading week in Gaborone after the long weekend with nothing to report.

Kenya: NSE 20 -0.06%, USD 10.8m

Some foreign crossing in Safcom (+2.0%, KES18.00) and Equity Bank (-70bps, KES36.75) were the main highlights after we witnessed a quiet start to the session. In fact, the market was incredibly quiet outside of the crosses as general interest remains low. Outside of Safcom and Equity Bank there was nothing worth writing home about.

Mauritius: +0.14%, USD 810k

A sub-par day in Port Louis with some small activity in MCBG and SBMH as 37k shares and 9.4m shares changed hands in the names respectively. On the news front, the MPC decided to lower the repo rate by 40bps to 4%.

Nigeria: ASI -0.94%, USD 7.4m

Another day with the woeful lack of interest permeating across the board. As a result we saw the index just slip further south. Banks fell by 1.34% today albeit on small volumes. Consumers closed the session marginally in the green although this was also on tiny volumes. The only decent action today went through in Wapco (-43bps, N59.80).

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

Zimbabwe: Industrials -0.01%, USD 102k

Another day with nothing to report from Harare.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.31

8.12

Nigeria

NGN

293.25

-32.04

Kenya

KES

101.55

0.74

Mauritius

MUR

35.48

1.04

Botswana

BWP

10.78

4.26

Tanzania

TZS

2197.40

-2.19

Uganda

UGX

3368.00

0.12

Rwanda

RWF

785.75

-5.19

Ghana

GHS

3.95

-3.70

BRVM

XOF

603.87

2.43

Egypt

EGP

8.88

-11.86

Morocco

MAD

9.84

0.87

Tunisia

TNF

2.23

-8.56
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