Movers & Shakers: July 28, 2015


Botswana: Data not available at time of writing.

Kenya: NSE 20 +0.41%, USD 8.0m

A better day in Nairobi in terms of activity as turnover amounted to $8.0m with foreigners accounting for 78% of total value traded. A few large foreign crosses in EQBNK (-1.2%) dominated proceedings as a total of 9.07m shares traded. KNCB (-0.9%) was also rather active as 2.41m shares traded over the day. Foreign demand failed to drive safcom higher as the telco closed unchanged on 6.4m shares. Activity remains muted in EABL as only 68k shares traded.

Mauritius: Semdex +0.54%, USD 1.37m

Another strong day in Port Louis although volumes still remain muted. Most of the Sem-7 were strong, led higher by MCBG (+1.6%, Rs222.50) and SBMH (+1.1%, Rs0.89). NMH also had a good day rising by 2.2% to Rs19.00.

Nigeria: ASI -0.63%, USD 10.8m

The highlight of the day was an off-market cross of 166m Oando done at N16.50 with the buyer being Brownrock Limited while the seller was Ocean and Oil Development Partners. Elsewhere, the market was extremely dull yet again with tunover amounting to $10.8m with Access ($3.33m) and Zenith ($2.68m) the only names worth mentioning. Banks continue to struggle with the sector falling -1.73% as Zenith (-2.83%), GTB (-1.52%) and FBNH (-1.31%) were drags on the sector. Consumers (-0.28%) were also softer as GSK (-3.45%), Flour Mills (-3.41%) and Guinness (-2.05%) were very weak.

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

Zimbabwe: Industrials -0.03%, USD 875k

The Zimbabwean bourse still lacks direction while turnover remains muted. Today there was some action in OKZim (8.2c), Innscor (62c) and Econet (34c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.58

-8.10

Nigeria

NGN

199.25

-7.93

Kenya

KES

102.30

-11.44

Mauritius

MUR

35.42

-10.38

Botswana

BWP

10.06

-5.42

Tanzania

TZS

2095.00

-17.28

Uganda

UGX

3420.00

-18.98

Rwanda

RWF

754.50

-8.57

Ghana

GHS

3.51

-8.42

BRVM

XOF

597.92

-9.36

Egypt

EGP

7.82

-8.62

Morocco

MAD

9.79

-7.42

Tunisia

TND

1.95

-4.66

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