Movers & Shakers: March 09, 2012

Botswana: DCI +0.32%, Vols USD 56k

The Gaborone bourse ended the day 0.32% higher at 7016.35pts on vols of USD 56k. BIHL added on 9t to 1010t, FNBB up 10 to 275t while Cresta and Turnstar edged up 1t a piece to 101t and 133t respectively.

Egypt: Closed today

Kenya: NSE 20 +0.2%, Vols USD 2.2m

The week came to an end on a relatively stable note. Market turnover declined 11.0% to USD 2.2m. KCB was actively traded in accounting for 27.1% of total turnover. A total of 2.3m shares was traded at a stable average price of KES 21.00. BATK saw 114,300m shares trade in the name at an average price of KES 305.00 (+0.7%). Equity Bank shed 2.3% to KES 19.00 on a volume of 469,800 shares. A block cross trade of 55,000 shares on Athi River Mining saw the counter trade at a lower average price of KES 160.00 (-1.2%). KenolKobil edged up 3.6% tat KES 11.65 on 1.6m shares.

Mauritius: Semdex -0.02%, Vols USD 2.1m

The market ended the week on increased vols with USD2.1m worth crossing the floor driven by MCB which accounted for 69% of the day's turnover. MCB witnessed several crosses with a total of 259,616 shares trading at a vwap of 162.2266. SBM traded at previous levels on 40,500 shares. NMH closed at Rs71. Lux traded 0.5% lower at Rs38.30. IBL gained 0.6% to Rs78. On the Dem side, the index rose slightly by 0.12% to 146.41pts.

Nigeria: ASI -0.54%, Vols USD 30.30m

The NSE ASI fell 0.54% while value traded amounted to USD 30.30m. Top traded stocks Transcorp plc, UBA, Zenith Bank, IHS. Plc, Fidelity Bank, Access Bank, GTB, Nigerian Breweries, Ecobank Transnational Incorporated and Diamond Bank. Top losers of the day were Oando Plc (-4.97%), Honeywell Flourmills (-4.94%), Ikeja Hotel (-4.88%), Jos International Breweries (-4.88%) and Eterna Oil (-4.83%). The gainers were led by Nestle Plc (5.00%), Julius Berger (4.97%), NCR (4.93%), UPL Plc (4.76%) and Guinness Plc (4.76%). Access Bank closed down 2.01% at N6.82 and traded 19.36m units while First Bank also closed down 0.54% at N11.00 and traded 13.41m units in total. Zenith Bank closed down 2.45% at N13.56 and traded 47.29m units in total. The sector also had crosses of 80m units of UBA, 6.5m units of Zenith Bank, 17.3m units of Fidelity Bank, 10m units of Access Bank, 10m units of IBTC, 11.2m units of Wema Bank and 12.5m units of Ecobank Transnational Incorporated. In the building materials sector, Lafarge Wapco closed down 0.07% at N40.02 and traded 605k units while Cement Company of Northern Nigeria also closed down 2.21% at N5.30 and traded 311k units. Dangote Cement closed down 4.70% at N110.55 and traded 144k units. In the food and beverages sector, Nigerian Breweries closed up 1.03% at N98.00 and traded 17.24m units while Nestle Plc closed up 5.00% and traded 213k units in total. Cadbury Plc also closed up 0.94% at N10.70 and traded 3.23m units in total. The sector also had a cross of 15m units of Nigerian Breweries. There were also crosses of 153m units of Transcorp Plc, 20.4m units of IHS. Plc, 2m units of Transcorp Plc, 2m units of AIICO Insurance and 2.5m units of GTB.

South Africa: Top 40 +0.43%, Vols USD 1.23bn

The JSE ended the day higher with the Top 40 index gaining 0.43% to close at 30,100 while value traded amounted to USD 1.23bn. Industrials were the day's biggest gainers with the Index gaining 0.65% followed by Financials and Resources which gained 0.50% ad 0.04% respectively. The Rand was trading at 7.52 and 9.89 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.45%, Vols USD 64k

The market recorded a turnover of USD 64,256. The names that traded included ZNCO, LAFA, CECZ, FQMZ, ZMFA, PUMA, BATZ, SCBL, INVE and ZSUG. ZNCO was the biggest contributor towards turnover with value traded in the name amounting to USD 54k. LAFA was the second biggest contributor towards turnover with value traded in the name amounting to USD 4k.

Zimbabwe: Industrials -0.11%, Mining -0.79%, Vols USD 1.1m

The industrial index closed the week in straight loses easing -0.11% in Friday trades. Trading patterns remain largely the same with Delta accounting for the bulk of the volumes. Turnover declined to $1.1m of which $881,895 (81%) was invested in Delta. Foreign purchases in Delta spurred foreign contribution to 77% while net purchases stood at $545,347 (50% of turnover). Closing in the negative was Colcom and Natfoods easing -3.48% and -12.50% to 32c and 105c despite good interims while parent group Innscor was steady at 61c with no indicative excitement over the interims. RTG lost -25% to 1.2c. PPC lost -3.70% to 260c and Radar eased -2.78% to 17.50c. The mining index closed the week -0.79% lower at 92.38pts and -2.21% in the negative week on week. Hwange was the only stock to record a trade and was steady at 30c while a lower offer in Bindura at 2c weighed down on the performance of the resources index.