Movers & Shakers: June 06, 2014


Botswana: DSE -0.03%, USD 90k

Another rather slow day in Gaborone as value traded amounted to a very dull USD 90k.

Egypt: Closed for the day

Kenya: NSE 20 +0.25%, USD 8.6m

Local investors dominated the day in Nairobi with foreign activity rather light. The main trade today was a large cross in KNCB (local seller, foreign buyer) at KES 49.50 with the bank eventually closing up 1% at KES 49.25. Equity Bank also saw some foreign buying yet closed unchanged at KES 41.75. There was also a decent cross in SCAN (local buyer, foreign seller) while EABL and Safcom were both quiet.

Mauritius: Semdex +0.14%, USD 1.24m

Better day from an activity point of view in Port Louis as value traded amounted to USD 1.24m with most of the action centered around MCBG (29k shares), CIEL (855k shares), Alteo (118k shares) and SBM (3.65m shares).

Nigeria: ASI -0.10%, USD 16.6m

After a dull start there was some crossing towards the close although it was still a much quieter day than normal in Lagos. Banks fell by 17bps with ETI (-2.67%, N16.40) the real outlier as it continues to witness profit taking. The rest of the banking sector was broadly unchanged with most of the action focused on GTB and Zenith. Consumers fell by 77bps with NB finally relenting from its bull run (-2.62%, N178.40). NB saw some chunky action as did Flourmills (-8bps, N77.50). Oando saw chunky trading again as the name gained 5.16% to N19.98.

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

Zimbabwe: Industrials +0.87%, USD 323k

A very slow day to close off the week in Harare as value traded amounted to USD 323k with 96k Econet traded while 31k Delta traded. The market closed the day higher with the Industrial Index gaining +0.87%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.57

-.76

Nigeria

NGN

164.00

-2.26

Kenya

KES

87.50

-1.37

Mauritius

MUR

30.25

-0.66

Botswana

BWP

8.80

-.52

Tanzania

TZS

1665.50

-4.53

Uganda

UGX

2565.00

-1.48

Rwanda

RWF

684.28

-1.21

Ghana

GHS

3.03

-21.75

BRVM

XOF

484.15

-0.82

Egypt

EGP

7.14

-2.75

Morocco

MAD

8.23

-0.59

Tunisia

TND

1.64

+0.27

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