Movers & Shakers: March 31, 2017


Botswana: DCI +0.25%, USD 1.3m

A chunky cross in Sechaba (2100t) was the main focal point today in Gaborone. There was also some trading in Letshego (216t).

Kenya: NSE 20 -0.30%, USD 4.5m

Nothing particularly exciting to end the week in Nairobi. There was some crossing action in KNCB (+1.5%, KES34.75) which accounted for about 1/3 of the total market turnover. The only other name to show a modicum of trading was Safcom which gained 30bps to KES18.00.

Mauritius: Semdex +0.16%, USD 2.7m

A very solid day to end the week in Port Louis thanks as per usual to market heavyweight MCBG as 187k shares changed hands in the name while there was also some decent activity in Air Mauritius as 1.7m shares traded after the airliner declared a dividend of Rs1 per share.

Nigeria: ASI -0.07%, USD 13.1m

The highlight of the day was an off-market cross in Mobil, whereby 216m shares changed hands at N417.12 ($286m). This was as a result of NIPCO's aquisition of EXXON Mobil's stake in Mobil. Elsewhere, there was some decent activity in Seplat ($6.5m) and Zenith ($3.1m). Banking stocks closed the day -0.48% lower with GTB (-1.78%) dragging the sector lower. Consumers (-0.87%) closed the day lower on small volume.

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

Zimbabwe: Industrials +0.20%, USD 380k

A slow end to the week in Harare with some activity in Simbisa ($271k) the only name worth mentioning.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.38

2.67

Nigeria

NGN

314.99

0.11

Kenya

KES

103.05

-0.52

Mauritius

MUR

35.20

2.19

Botswana

BWP

10.49

1.82

Tanzania

TZS

2224.00

-1.93

Uganda

UGX

3613.75

-0.48

Rwanda

RWF

825.00

-0.36

Ghana

GHS

4.30

-1.51

BRVM

XOF

616.34

2.21

Egypt

EGP

18.18

-0.18

Morocco

MAD

10.04

0.86

Tunisia

TND

2.31

0.42

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