Movers & Shakers: July 23, 2015


Botswana: DCI +0.07%, USD 111k

A better day in Gaborone, but still nothing to write home about as turnover amounted to $111k thanks mostly to Letshego.

Kenya: NSE 20 -0.86%, USD 5.3m

Another dull day in Nairobi ahead of US President Obama’s visit. Foreign investors accounted for 54% of the total turnover and were skewed to the buy side (61%). The most active name was Safcom which saw a couple of crosses go through at KES15.50 before closing the day at KES15.45 (-64bps). NMG also saw a couple of crosses (mostly local buying and foreign selling) as the media group gained 2.19% to KES187.00. Among the banks we saw action in KNCB (-90bps, KES55.00) and Co-Op (unch, KES20.75) while Equity Bank also saw some late activity (-4.49%, KES42.50). Please note that the market will be closing early tomorrow (12pm local time).

Mauritius: Semdex +0.02%, USD 940k

A rather average day in Port Louis as turnover amounted to $940k with MCBG (70k shares) accounting for most of the activity while SBMH (7.8m shares) was very quiet.

Nigeria: ASI -0.16%, USD 16.2m

A rather dull day yet again in Lagos with a chunky cross in Nestle ($8.5m) the main highlight. Outside of this and a couple of crosses in Wapco and NB the market was dead. Banks closed marginally positive with only GTB (+20bps, N25.31) seeing any action. The consumers fell by 21bps with Nestle (unch, N850) and NB (-88bps, N129.00) the most active names in the sector. Wapco (-50bps, N99.00) saw a decent cross shortly before the close.

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

Zimbabwe: Industrials -0.08%, USD 1.43m

A much better day in Harare as turnover amounted to $1.43m thanks to some action in Econet ($854k), Delta ($178k) and NatFoods ($167k).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.41

-6.77

Nigeria

NGN

198.52

-7.59

Kenya

KES

100.70

-10.03

Mauritius

MUR

35.53

-10.65

Botswana

BWP

10.00

-4.90

Tanzania

TZS

2075.00

-16.48

Uganda

UGX

3307.00

-16.22

Rwanda

RWF

748.00

-7.78

Ghana

GHS

3.27

-1.60

BRVM

XOF

599.72

-9.64

Egypt

EGP

7.82

-8.63

Morocco

MAD

9.81

-7.66

Tunisia

TND

1.96

-5.18

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833