Movers & Shakers: March 31, 2015


Botswana: DCI +0.07%, USD 3.71m

A chunky day in Gaborone thanks to a large cross in FNBB (375t). There was also a decent amount of activity in Letshego (241t) and some more muted action in Sechaba (2870t) and Sefalana (1100t).

Kenya: NSE 20 +0.11%, USD 7.4m

Activity increased in Nairobi with foreigners (56%) driving proceedings as turnover amounted to $7.4m. EQBNK managed to gain +1.0% thanks to foreign demand while foreign selling pushed KNCB -0.8% lower. Safcom (+2.1%) had another good day as locals continue to buy the telco with 6m sharesx changing hands. Kenya Power was rather active as 4.82m shares traded while EABL fell -4.0% on foreign selling.

Mauritius: Semdex -0.17%, USD 4.31m

A reasonably decent day in Port Louis as some crosses in MCBG (unch, Rs197.00) went through. Outside of this the market was pretty quiet.

Nigeria: ASI +2.13%, USD 25.4m

A better day in Lagos as everyone still awaits the election results with turnover amounting to $25.4m. There was some action in DangCem ($3.43m), GTB ($3.18m), Zenith ($3.07m), NB ($2.99m) and Oando ($2.91m). Banks had another good day with the sector gaining +3.53% thanks to Zenith (+5.59%), GTB (+5.00%) and UBA (+4.37%). Solid gains in IntBrew (+5.00%), Nestle (+4.97%), Dangote Sugar (+4.93%) and Guinness (+4.91%) helped push the Consumer sector +3.43% higher.

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

Zimbabwe: Industrials -0.29%, USD 945k

The ZSE volumes improved somewhat although still remain light compared to historical levels. The bulk of todays action took place in Econet (50c), Innscor (55c) and Turnall (1.30c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.15

-4.81

Nigeria

NGN

199.05

-7.84

Kenya

KES

92.35

-1.89

Mauritius

MUR

36.46

-12.92

Botswana

BWP

9.97

-4.52

Tanzania

TZS

1865.00

-7.08

Uganda

UGX

2977.00

-6.92

Rwanda

RWF

715.04

-3.53

Ghana

GHS

3.85

-16.53

BRVM

XOF

611.21

-11.31

Egypt

EGP

7.58

-5.65

Morocco

MAD

9.96

-8.89

Tunisia

TND

1.96

-4.94

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 243 9030

© Securities Africa             Licensed to conduct Investment Business by the Bermuda Monetary Authority

   Terms and Conditions web design