Movers & Shakers: June 22, 2016

Botswana: DCI -0.02%, USD 13k

Nothing to report from Gaborone.

Kenya: NSE 20 -0.64%, USD 3.7m

An uneventful day in Nairobi as most SSA eyes were focused on Nigeria yet again. The market also did not witness any of the large crosses that we saw in previous sessions. Safcom accounted for just under half the total activity with the telco dropping by 1.9% to KES18.05 despite foreign buying. Equity Bank closed unchanged at KES40.00 with 1 or 2 small crosses going through in the name at that level. The rest of the market was dull.

Mauritius: Semdex +0.34%, USD 740k

Another underwhelming day from an activity point of view on the island with MCBG once again the only name worth reporting on as 60k shares changed hands.

Nigeria: ASI +2.40%, USD 28.3m

A couple of massive crosses in GTB and NB lit up proceedings on a mostly dull day. The market was incredibly strong though with Banks (+2.92%) and Consumers (+1.22%) closing well in the green. As mentioned, chunky crosses of almost $8m in each of GTB (+5.22%, N23.20) and NB (+92bps, N143.80) were the main focal points. Outside of these two names there was some decent action in Zenith (+3.77%, N17.32), Access (+1.64%, N6.20) and Dangcem (+5.0%, N194.25). The NGN had another stable day and traded around the N282 level.

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

Zimbabwe: Industrials +0.70%, USD 1.9m

Another decent day in Harare thanks to some foreign activity in the likes of Econet ($782k), Delta ($544k) and NatFoods ($393k). There seems to be a bit of foreign interest returning to Zimbabwe in the short term. Only time will tell if this is to be short lived.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.66

5.52

Nigeria

NGN

282.50

-29.45

Kenya

KES

101.25

1.04

Mauritius

MUR

35.25

1.70

Botswana

BWP

10.78

4.26

Tanzania

TZS

2193.00

-1.99

Uganda

UGX

3360.00

0.36

Rwanda

RWF

804.00

-7.34

Ghana

GHS

3.91

-2.69

BRVM

XOF

586.54

5.47

Egypt

EGP

8.87

-11.75

Morocco

MAD

9.68

2.61

Tunisia

TNF

2.17

-5.71
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