Nothing worth reporting on from Gaborone.
No surprise that Safcom ($3.6m) was once again the leader of the pack in terms of activity with the telco bouncing back and closing +1.1% higher. There was also finally some decent activity in EQBNK ($2m) with foreigners dominating both sides as the name closed +0.6% higher. Banking counterpart KNCB came under some pressure and closed the day -0.7% lower. EABL managed to close +1.6% higher on foreign demand.
A solid day of action in Port Louis today with trading split amongst a number of different stocks for a change. MCBG rose by 1.3% to Rs255.00, while we also saw decent trades in SBMH (-50bps, Rs7.28) and IBL (unch, Rs39.95).
Activity continues to impress in Lagos thanks once again to action in market heavyweights GTB ($5.8m), Zenith ($5m), Access ($4.1m), Nestle ($2.3m) and FBNH ($1.2m). Banking stocks closed firmly in positive territory with the sector gaining +1.83% thanks to Zenith (+4.61%) and GTB (+1.67%). Consumers (+1.12%) also closed higher thanks to NB (+2.34%).
Please note that the index figure above is correct at the time of writing.
Once again the ZSE continues to rally hard with super aggressive local buyers showing no signs of stopping. The market is still totally dominated by local participants.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
12.87 |
6.79 |
Nigeria |
NGN |
324.50 |
-2.83 |
Kenya |
KES |
103.60 |
-1.05 |
Mauritius |
MUR |
34.79 |
3.35 |
Botswana |
BWP |
10.21 |
4.59 |
Tanzania |
TZS |
2238.00 |
-2.55 |
Uganda |
UGX |
3588.50 |
0.22 |
Rwanda |
RWF |
829.23 |
-0.87 |
Ghana |
GHS |
4.41 |
-3.91 |
BRVM |
XOF |
590.02 |
6.76 |
Egypt |
EGP |
18.11 |
0.16 |
Morocco |
MAD |
9.79 |
3.44 |
Tunisia |
TND |
2.48 |
-6.44 |