Movers & Shakers: June 27, 2016


Botswana: DCI -0.01%, USD 9k

Nothing to report from Gaborone.

Kenya: NSE 20 -1.19%, USD 3.7m

It was an extremely dull start to the week in Nairobi with a few crosses in EQBNK saving the day from being completely embarrassing as 3.2m shares traded in the name. There was also a small bit of activity in Safcom and KNCB as 4.8m shares and 2.2m shares traded in the names respectively. KNCB touched a new 52 week low of KES 31.50 during the session.

Mauritius: Semdex -0.14%, USD 380k

A rather disastrous start to the week from an activity point of view with nothing to report.

Nigeria: ASI -2.63%, USD 14.3m

Not the worst start to the week from an activity point of view with a late cross in NB ($4.7m) helping boost activity while there was also some action in GTB ($4.6m) and Zenith ($1m). Banking stocks came under some serious pressure with the sector falling -4.08% with weakness in Zenith (-6.12%), GTB (-4.76%) and FBNH (-2.17%). Consumers (-0.58%) also closed the day lower with NB (-0.69%) dragging the sector lower. Market heavyweight DangCem came under some pressure and closed the day -4.04% lower.

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

Zimbabwe: Industrials +0.15%, USD 333k

A dull start to the week with Seedco (57c) almost the only stock to move the needle.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.32

0.97

Nigeria

NGN

282.95

-29.56

Kenya

KES

101.20

1.09

Mauritius

MUR

35.53

0.91

Botswana

BWP

11.18

0.79

Tanzania

TZS

2190.00

-1.86

Uganda

UGX

3415.00

-1.26

Rwanda

RWF

800.00

-6.88

Ghana

GHS

3.91

-2.56

BRVM

XOF

603.14

2.52

Egypt

EGP

8.88

-11.86

Morocco

MAD

9.83

0.90

Tunisia

TNF

2.22

-7.89

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