Movers & Shakers: March 17, 2015


Botswana: DCI -0.27%, USD 9.3m

A very impressive day in Gaborone as turnover increased to $9.3m thanks to crosses in Choppies ($6.1m) and Letshego ($2.1m).

Kenya: NSE 20 -0.53%, USD 10.4m

Things livened up in Nairobi today as turnover amounted to $10.4m with foreigners dominating proceedings. EQBNK closed the day unchanged as foreigners dominated both sides of the name with 4.69m shares traded. EABL managed to gain +3.0% with foreigners dominating purchases as 622k shares traded. Safcom (-0.3%) closed the day lower on the back of local selling. Activity increased in KNCB today thanks to an increase in foreign demand as 1.16m shares traded.

Mauritius: Semdex -0.17%, USD 750k

Downward momentum continues in the market, with indices closing in the red for the 9th consecutive day. MCBG lost 0.3% to close at Rs197.00 after trading a total of 32k shares, whilst SBM closed the day firm at Rs0.98 on 536k shares.

Nigeria: ASI -1.26%, USD 16.5m

A better day in Lagos but still nothing to write home about as turnover amounted to $16.5m with some activity in Diamond Bank ($4.21m), NB ($2.27m), FBNH ($1.63m) and GTB ($1.59m). Banks came under pressure once again with the sector falling -3.88% as GTB (-7.54%) was marked down for a dividend. There were also significant losses in UBA (-4.83%), Zenith (-4.47%) and FBNH (-4.29%), while Access bucked the trend and gained +10.03%. Consumers (-0.10%) closed slightly lower with weakness in Dangote Flour (-4.82%) and IntBrew (-3.09%).

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

Zimbabwe: Industrials -0.01%, USD 252k

A slight improvement in turnover was seen today although activity was muted. The index closed down by 1bps due to losses in the likes of Innscor (-3.51%,55c) and Natfoods(-1.56%,315c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.38

-6.59

Nigeria

NGN

198.02

-7.36

Kenya

KES

92.05

-1.58

Mauritius

MUR

36.35

-12.65

Botswana

BWP

10.08

-5.61

Tanzania

TZS

1860.00

-7.08

Uganda

UGX

2900.00

-4.45

Rwanda

RWF

688.99

+0.05

Ghana

GHS

3.67

-12.33

BRVM

XOF

620.26

-12.62

Egypt

EGP

7.62

-6.23

Morocco

MAD

10.04

-9.69

Tunisia

TND

1.95

-4.61

contacts
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