Movers & Shakers: June 09, 2015


Botswana: DCI unch, USD 2.7m

Activity continued to impress in Gaborone as turnover amounted to $2.7m thanks to crosses in NAP (4.7m shares), Letshego (2.49m shares) and Chobe (737k shares).

Kenya: NSE 20 -0.34%, USD 5.9m

Another sluggish sort of day in Nairobi as turnover amounted to $5.9m as foreigners continued to dominate activity. A few decent crosses in Safcom drove proceedings as 21.37m shares traded in the telco. EABL manged to gain +0.6% as local demand drove the brewer higher. Local buyers dominated purchases in EQBNK as the bank closed unchanged. The Monetary Policy Committee increased the benchmark rate from 8.5% to 10% in order to try halt the slide in the Shilling.

Mauritius: Semdex +0.09%, USD 1.37m

A relatively dull day in Port Louis although the buoyancy remains thanks to MCBG (+40bps, Rs208.00). SBMH closed unchanged at Rs0.94.

Nigeria: ASI -0.29%, USD 13.8m

Yet another dull day in Nigeria even though a number of crosses went through. Banks shed 62bps dragged lower by UBA (-2.44%, N5.20) and FBNH (-1.67%, N8.85). Consumers ended the day marginally in the red with only Unilever (+73bps, N45.50) showing any signs of life. There was decent crossing in Wapco (unch, N99.50) while the rest of the market was dormant.

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

Zimbabwe: Industrials -0.54%, USD 1.65mill

For the second day in a row the only activity in the market was Innscor (unch, 70c). There was also mild action in Delta at 105c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.46

-7.12

Nigeria

NGN

199.15

-7.88

Kenya

KES

97.30

-6.89

Mauritius

MUR

35.00

-9.29

Botswana

BWP

10.00

-4.80

Tanzania

TZS

2177.00

-20.40

Uganda

UGX

3110.00

-10.90

Rwanda

RWF

691.50

-0.24

Ghana

GHS

4.21

-23.62

BRVM

XOF

586.48

-7.60

Egypt

EGP

7.63

-6.30

Morocco

MAD

9.66

-6.25

Tunisia

TND

1.93

-3.78

contacts
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  • South Africa +27 11 268 5833