Movers & Shakers: March 23, 2017


Botswana: DCI +0.65%, USD 1.1m

Another decent day in Gaborone thanks to a cross in Letshego as 4.8m shares traded while the rest of the market was quiet.

Kenya: NSE 20 +1.50%, USD 3.0m

A strong day in Nairobi although this must be taken with a pinch of salt as volumes were absolutely atrocious. Once again the lion’s share of trading turnover went through in Safcom with well over 50% of total turnover going through in the name. The telco gained 1.4% to KES18.35. There was 1 block in KNRE (local buyer, foreign seller) while the rest of the rest was for all intents and purposes dead.

Mauritius: Semdex -0.05%, USD 1.0m

An average day in Port Louis with MCBG accounting for the Lion's share of turnover as 66k shares changed hands in the name, while there was sporadic activity in a few other names.

Nigeria: ASI unch, USD 4.6m

Another quiet day in Nigeria with just some late crossing in GTB worth noting. The Banking sector dipped by 4bps with GTB (+1.13%, N26.80) accounting for almost 40% of the total market turnover. Consumers rose by 23bps although the sector was deathly quiet. The rest of the market was also dull as the market still cannot find any catalysts.

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

Zimbabwe: Industrials -0.12%, USD 438k

Some small activity in Econet ($313k) the only name worth mentioning.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.50

9.89

Nigeria

NGN

316.00

-0.21

Kenya

KES

103.00

-0.48

Mauritius

MUR

35.40

1.61

Botswana

BWP

10.14

5.13

Tanzania

TZS

2235.00

-2.42

Uganda

UGX

3599.00

-0.07

Rwanda

RWF

830.00

-0.96

Ghana

GHS

4.38

-3.20

BRVM

XOF

612.13

2.91

Egypt

EGP

18.06

0.43

Morocco

MAD

9.98

1.47

Tunisia

TND

2.29

1.74

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