An absolutely dire day in Gaborone.
The Kenyan market closed the week in the green while volumes declined by 21% to close at USD 6.5m on the day. The big 4 dominated the action, all accounting for a total of 75% of turnover.
The Semdex strengthened with Rs108m changing hands geared towards GRIT unmoved at Rs1.45 accounting for 62% of total market turnover. NMH was little changed at Rs24.50, SBM treading lightly with a modest Rs7.66, Ciel was at Rs7.52 up 0.3% and ENL ending the session at Rs43.50 retreating 0.9%.
It was a negative close to the week in Nigeria, with only the Industrials closing higher on the day, while the Banks (-2.33%) once again lost the most. Zenith Bank and Guaranty topped the turnover, accounting for 54% of total market turnover.
Please note that the index figure above is correct at the time of writing.
A massive decline from yesterday’s activity, relatively speaking, in Harare with Barclays ($157k) accounting for 36% of the market turnover at 4.40c. PPC ($94k) trading at 94.00c and the only other name worth a mention was Econet ($81k) sitting flat at 67.70c.
AFRICA STOCK EXCHANGE PERFORMANCE |
CURRENCIES |
||||||||||
Country |
Index |
16-Mar-18 |
YTD % |
Country |
Notation |
16-Mar-18 |
YTD % |
||||
Botswana |
DCI |
8 680.01 |
-2.03% |
Botswana |
BWP |
9.60 |
2.56 |
||||
Egypt |
CASE 30 |
16 999.10 |
13.15% |
Egypt |
EGP |
17.62 |
1.09 |
||||
Kenya |
NSE 20 |
3 801.79 |
2.63% |
Ghana |
GHS |
4.41 |
2.12 |
||||
Malawi |
MASI |
24 825.04 |
14.94% |
Kenya |
KES |
101.30 |
1.86 |
||||
Mauritius |
SEMDEX |
2 307.82 |
4.80% |
Morocco |
MAD |
9.19 |
1.50 |
||||
SEM 10 |
438.77 |
4.02% |
Mauritius |
MUR |
33.17 |
1.23 |
|||||
Morocco |
MASI |
13 211.53 |
6.56% |
Nigeria |
NGN |
359.92 |
0.02 |
||||
Nigeria |
NSI |
41 935.90 |
9.59% |
Rwanda |
RWF |
851.52 |
0.29 |
||||
Tanzania |
TSI |
3 923.33 |
0.10% |
Tunisia |
TND |
2.44 |
0.68 |
||||
Rwanda |
RSI |
134.02 |
-1.00% |
Tanzania |
TZS |
2 252.43 |
-0.79 |
||||
Uganda |
USE ALSI |
2 124.36 |
7.42% |
Uganda |
UGX |
3 655.00 |
-0.32 |
||||
Zambia |
LUSE All Share |
5 586.64 |
4.86% |
BRVM |
XOF |
543.64 |
3.78 |
||||
Zimbabwe |
Industrial Index |
288.48 |
-11.52% |
South Africa |
ZAR |
11.93 |
3.74 |
||||
Mining Index |
122.73 |
-13.83% |
Zimbabwe |
*OMIR |
1.56 |
0.06 |
|||||
*Zimbabwe Old Mutial Implied Rate |