Movers & Shakers: March 01, 2016

Botswana: DCI +0.03%, USD 1.8m

A very solid day in Gaborone considering how quiet the rest of Africa was. This was thanks to some action in Letshego as 8m shares changed hands in the name.

Kenya: NSE 20 +0.56%, USD 4.5m

A better day in Nairobi but still nothing to write home about as activity was pretty evenly split between locals and foreigners. KNCB (-0.6%) closed the day slightly lower on foreign selling as 1.9m shares traded. Safcom (-0.3%) also closed lower on foreign selling as 4.3m shares traded in the telco while EABL closed the day unchanged at KES 268.

Mauritius: Semdex +0.02%, USD 390k

Nothing much to report from Port Louis unfortunately with 20k shares changing hands in MCBG the only name worth mentioning.

Nigeria: ASI +1.09%, USD 5.5m

From bad to worse in Lagos as activity amounted to a paltry $5.5m with Zenith ($1.1m) the only name breaking the $1m mark. DangCem (+4.99%) closed the day stronger after releasing FY 2015 numbers, which the market seemingly liked. Banking stocks closed in positive territory with the sector gaining +1.10% thanks to ETI (+4.96%) and UBA (+3.47%). Consumers (+0.24%) also managed to close higher thanks to PZ Cussons (+4.98%).

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

Zimbabwe: Industrials +0.28%, USD 114k

Another slow day in Harare with some tiny activity in Innscor ($56k) and Delta ($53k).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.73

-1.70

Nigeria

NGN

197.00

1.17

Kenya

KES

101.60

0.69

Mauritius

MUR

35.95

-0.28

Botswana

BWP

11.33

-1.01

Tanzania

TZS

2190.00

-1.86

Uganda

UGX

3340.00

0.96

Rwanda

RWF

770.00

-3.25

Ghana

GHS

3.89

-2.19

BRVM

XOF

615.93

0.41

Egypt

EGP

7.82

0.03

Morocco

MAD

9.91

0.11

Tunisia

TNF

2.05

-0.56
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