Movers & Shakers: March 28, 2017


Botswana: DCI +0.10%, USD 16k

Nothing to report.

Kenya: NSE 20 +0.35%, USD 4.8m

Activity continued to slow down in Nairobi with no surprises that Safcom ($2.6m) was the only name yet again to show any forms of life as the telco closed -0.5% lower at KES 18.60. Elsewhere, both major banking stocks closed in positive territory with EQBNK gaining +2.5% while KNCB closed +1.6% higher, albeit on low volume.

Mauritius: Semdex +0.24%, USD 15.9m

Some chunky crossing in NMHL was the main highlight today. Approximately 25.5m shares (5.3% of the total shareholding) were bought by ENL and ROGE on the Crossing Board. The rest of the market was rather dull except for MCBG which dipped by 30bps to Rs223.25. Please note that the market will be closed tomorrow for a public holiday.

Nigeria: ASI -0.31%, USD 6.5m

Another slow day in Lagos with some small activity in Lafarge ($1.3m) and Nestle ($1m) the only names worth mentioning from an activity point of view. Banking stocks closed the day +0.65% higher thanks to GTB (+1.70%) and Zenith (+1.48%). Consumers (+0.19%) also closed slightly higher thanks to Nestle (+0.13%).

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

Zimbabwe: Industrials +0.28%, USD 126k

Nothing much to report from the ZSE.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.92

6.38

Nigeria

NGN

315.25

0.03

Kenya

KES

103.00

-0.48

Mauritius

MUR

35.23

2.10

Botswana

BWP

10.31

3.53

Tanzania

TZS

2232.00

-2.28

Uganda

UGX

3605.00

-0.24

Rwanda

RWF

839.18

-2.05

Ghana

GHS

4.37

-3.00

BRVM

XOF

607.90

3.62

Egypt

EGP

18.26

-0.64

Morocco

MAD

9.94

1.91

Tunisia

TND

2.29

1.16

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