Movers & Shakers: June 01, 2016


Botswana: DCI +0.04%, USD 15k

Nothing to report from Gaborone.

Kenya: Closed for the day.

Mauritius: Semdex +0.28%, USD 920k

Nothing overly exciting today in Port Louis. MCBG rose by 40bps to Rs209.00.

Nigeria: ASI -2.72%, USD 17.6m

Not a bad day from an activity point of view with some action in Zenith ($3.8m), NB ($3.6m), GTB ($2.4m) and Seplat ($2.4m) while there was also an off-market cross of 16.2m ETI at 19.43 which was well above limit up in the name for the day. Banking stocks took some serious strain today with the sector falling -6.86% thanks to GTB (-9.63%) and Zenith (-9.21%). Consumers (-2.86%) were also weaker thanks to NB (-4.96%) while Cadbury managed to close +9.02% higher after releasing results.

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

Zimbabwe: Industrials +0.04%, USD 732k

Some trading in Econet (23c) and Innscor (20.25c) were the only stocks that saw any activity today. Econet closed +1.10% higher after releasing FY 2016 results yesterday after the session.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.67

-1.32

Nigeria

NGN

199.05

0.13

Kenya

KES

100.60

1.59

Mauritius

MUR

35.51

0.96

Botswana

BWP

11.21

0.22

Tanzania

TZS

2191.50

-1.92

Uganda

UGX

3365.00

0.21

Rwanda

RWF

778.25

-4.27

Ghana

GHS

3.86

-1.30

BRVM

XOF

594.14

4.11

Egypt

EGP

8.88

-11.81

Morocco

MAD

9.74

1.93

Tunisia

TNF

2.12

-3.75

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