Another massive day in Gaborone today, with Letshego (unch, 189t) accounting for 95% of turnover. There were also decent trades in Choppies ($223k), while the rest of the market was quiet.
The market closed positive for the second straight day, as foreign participation remained at 52%. KNCB (+1.03%) was the most active name, accounting for a third of the market turnover as its numbers are expected to come before the end of the week.
A not so bad day in Port Loius as Rs36m exchanged hands while MCBG (+0.5%, Rs275.50), Excelsior (-4.5%, Rs21.00) and IBL (unch, Rs50.00) making the numbers accounting for a combined 77% of the turnover. The rest of the market was softer with the likes of SBM declining 0.3% trading at Rs7.58.
It was a negative close in Nigeria, with only the Insurance sector gaining on the day. Zenith bank dominated the action, accounting for approximately 40% of total market turnover.
Please note that the index figure above is correct at the time of writing.
A massive decline from yesterday’s booming activity even though it wasn’t a really horrible day, relatively speaking, with Seedco ($227k) accounting for 28% of the market turnover at 195.00c continuing its topsy-turvy movement. BATZ ($174k) unmoved trading at 200.00c and the only other name worth a mention was Hippo Valley ($170k) sitting flat at 170.00c.
AFRICA STOCK EXCHANGE PERFORMANCE |
CURRENCIES |
||||||||||
Country |
Index |
7-Mar-18 |
YTD % |
Country |
Notation |
7-Mar-18 |
YTD % |
||||
Botswana |
DCI |
8 692.93 |
-1.89% |
Botswana |
BWP |
9.57 |
2.85 |
||||
Egypt |
CASE 30 |
16 384.07 |
9.05% |
Egypt |
EGP |
17.62 |
1.09 |
||||
Kenya |
NSE 20 |
3 740.97 |
0.98% |
Ghana |
GHS |
4.45 |
1.27 |
||||
Malawi |
MASI |
24 407.64 |
13.01% |
Kenya |
KES |
101.35 |
1.81 |
||||
Mauritius |
SEMDEX |
2 283.56 |
3.70% |
Morocco |
MAD |
9.16 |
1.88 |
||||
SEM 10 |
435.67 |
3.28% |
Mauritius |
MUR |
33.11 |
1.42 |
|||||
Morocco |
MASI |
13 179.19 |
6.30% |
Nigeria |
NGN |
360.10 |
-0.03 |
||||
Nigeria |
NSI |
42 952.70 |
12.25% |
Rwanda |
RWF |
850.69 |
0.39 |
||||
Tanzania |
TSI |
3 893.73 |
-0.65% |
Tunisia |
TND |
2.40 |
2.49 |
||||
Rwanda |
RSI |
134.18 |
-0.89% |
Tanzania |
TZS |
2 254.00 |
-0.86 |
||||
Uganda |
USE ALSI |
2 096.32 |
6.00% |
Uganda |
UGX |
3 651.83 |
-0.24 |
||||
Zambia |
LUSE All Share |
5 586.64 |
4.86% |
BRVM |
XOF |
544.38 |
3.64 |
||||
Zimbabwe |
Industrial Index |
290.11 |
-11.02% |
South Africa |
ZAR |
11.86 |
4.40 |
||||
Mining Index |
120.56 |
-15.35% |
Zimbabwe |
*OMIR |
1.54 |
0.05 |
|||||
*Zimbabwe Old Mutial Implied Rate |