Movers & Shakers: June 23, 2015


Botswana: DCI +0.01%, USD 43k

Nothing on the go in Gaborone as turnover amounted to a dull $43k.

Kenya: NSE 20 -0.09%, USD 7.1m

A better day as foreign participation increased to 67% with total value traded amounting to $7.1m. Local selling pushed Safcom -2.1% lower as 11.1m shares traded in the telco. Foreign selling drove NMG -2.7% lower on 653k shares as a few crosses went through in the name. Foreigners dominated both sides of EABL as the brewer fell -1.3% on 295k shares. There was also some foreign action in Co-op Bank as 834k shares traded.

Mauritius: Semdex -0.05%, USD 840k

A very quiet day in Mauritius as value traded didn’t even breach the $1m mark. The bulk of the action took place in MCBG (unch, Rs217.00).

Nigeria: ASI -0.01%, USD 11.2m

The Lagos bourse remains extremely subdued and if it wasn’t for a couple of chunky crosses in Zenith the turnover wouldn’t have cracked through the $10m barrier. Banks gained 36bps with almost all the action centered on Zenith (+2.05%, N19.90) and ETI did see some late crossing at the N22.50 level. Consumers ended the day slightly soft although outside of NB (-37bps, N150.01) the sector was dull. Nothing else to report on.

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

Zimbabwe: Industrials -0.86%, USD 949k

A somewhat improved day in Harare although volumes remain well below historical norms. Today’s action was led by a cross in Seedco at 95c (local seller, foreign buyer) followed by a smaller cross in Old Mutual (267.50c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.22

-5.30

Nigeria

NGN

198.85

-7.74

Kenya

KES

98.87

-8.36

Mauritius

MUR

35.15

-9.68

Botswana

BWP

9.89

-3.85

Tanzania

TZS

2285.70

-24.18

Uganda

UGX

3310.00

-16.28

Rwanda

RWF

735.75

-6.24

Ghana

GHS

4.41

-27.04

BRVM

XOF

589.96

-8.09

Egypt

EGP

7.62

-6.23

Morocco

MAD

9.73

-6.76

Tunisia

TND

1.94

-4.18

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