Movers & Shakers: March 14, 2012

Botswana: DCI +0.10%, Vols USD 58k

The market ended the day higher with the DCI gaining 0.10% to close at 7,035.02 while value traded amounted to USD 58k. BIHL (1055, +44t) and Stanchart (910, +6t) were the only names to trade higher on the day. FNBB (270, -5t) was the only counter to close in negative territory.

BRVM: BRVM Composite +0.09%, BRVM 10 +0.07%, Vols USD 290k

The BRVM ended the day higher with the BRVM Composite gaining 0.09% to close at 149.66 while the BRVM 10 gained 0.07% to close at 174.10. Value traded for the day amounted to USD 290k. ETI was the day's biggest gainer with the counter rallying 2.78% to close at XOF 37. CIE CI was the day's biggest loser with the name falling 6.67% to close at XOF 21,000.

Egypt: EGX 30 +0.73%, Vols USD 100m

The market managed to end the day higher, leaving the EGX30 to end the day up 0.73% to close at 5090.72 points. Volumes were within then recent average volumes, the market traded a total turnover of USD 100m. Volatility continued throughout the day today in Egyptian blue-chips as institutional investors (International) continue to book profits, yet local institutions increased their exposures in the market to be net buyers today along with local retail and Arab investors. Names such as TMGH, OTMT and ORTE lead the market in terms of volumes, each ending the day up 1.66%, 0.69% and 0.74% respectively.

Investor mix:
•  Foreigners were net Sellers by 63.76 mn EGP and were 23.28% of the market.
•  Egyptians were net Buyers by 33.84 mn EGP and were 69.24% of the market.
•  Arabs were net Buyers by 29.91 mn EGP and were 7.48% of the market.
•  Institutions were net Sellers by 37.07 mn EGP and were 41.86% of the market.
•  Retail were net Buyers by 37.07 mn EGP and were 58.13% of the market.

Ghana: Vols USD 170k

Value traded on the Ghanaian Stock Exchange amounted to USD 170k. EBG was the biggest contributor towards value traded (54.52%) with the name closing at 3.15. GGBL was the second biggest contributor towards value traded (11.47%) with the counter closing at 1.60.

Kenya: NSE 20 -0.70%, Vols USD 4.45m

The market ended the day lower with the NSE 20 Index falling 0.7% to close at 3,332.89 while value traded amounted to USD 4.45m. Foreign purchases accounted for USD 2.31m of total purchases while foreign sales accounted for USD 1.01m of total sales. EQBNK was the biggest contributor towards value traded (USD 1.18m) with the name closing at 18.50. KCB was the secon biggest contributor towards value traded (USD 660k) with the counter closing at 20.50. COOP closed the day at 12.45 and was the third biggest contributor towards value traded (USD 590k).

Mauritius: Semdex -0.29%, Vols USD 447k

The market ended the day lower with the Semdex falling 0.29% to close at 1,766.32 while value traded amounted to a rather dull USD 447k. MCB closed the day flat at 163.00 while SBM fell 0.64% to close at 77.50. Both NMH and Rogers closed the day unchanged at 71.00 and 300.00 respectively. ENL fell 2.56% to close at 38.00 while Terra fell 0.26% to close at 38.40.

Nigeria: ASI -0.67%, Vols USD 21.61m

The NSE ASI fell 0.67% while value traded amounted to USD 21.61m. Top traded stocks were Sterling Bank, UBA, Zenith Bank, Fidelity Bank, GTB, Transcorp, Nigerian Breweries, First Bank, Dangote Sugar and Access Bank. Top losers of the day were May & Baker (-5.00%), Nestle (-5.00%), Union Bank (-4.99%), Portland Paints (-4.98%) and Ikeja Hotel (-4.93%). The gainers were led by Julius Berger (4.99%), Okomu Oil (4.97%), Nigerian Aviation Handling Company (4.89%), Paints and Coatings Manufacturers (4.76%) and UAC Properties (4.31%). The banking sector index closed down 123bps. Sterling Bank closed up 1.74% at N1.17 and traded 361m units while Zenith Bank also closed down 0.45% at N13.15 while trading 26m units. Access Bank closed down 1.37% at N6.46 while trading 6.34m units. The sector also had crosses of 344m units of Sterling Bank, 14.5m units of UBA, 14.8m units of Zenith Bank, 17.9m units of Fidelity Bank, 3.9m units of GTB, 1.2m units of First Bank and 1m units of Access Bank. In the building materials sector, Cement Company of Northern Nigeria closed down 3.47% at N4.73 and traded 164k units while Dangote Cement closed flat at N116 and traded 74k units in total. Julius Berger closed up 4.99% at N28.84 and traded 237k units. In the food and beverages sector, Nigerian Breweries closed down 0.11% at N97.89 and traded 14m units in total while Nestle also closed down 5.00% at N462.37 and traded 56k units. Dangote Flour closed up 2.56% at N4.80 and traded 2m units in total. The sector also had crosses of 11.8m units of Nigerian Breweries and 4.9m units of Dangote Sugar. There was also a cross of 8.6m units of Transcorp.

South Africa: Top 40 +0.72%, Vols USD 2.53bn

The JSE ended the day higher with the Top 40 Index gaining 0.72% to close at 30,521 while value traded amounted to USD 2.53bn. Financials were the day's biggest gainers with the Index gaining 1.11% followed by Industrials and Resources which gained 0.96% and 0.36% respectively. The Rand was trading at 7.67 and 10.00 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE -0.23%, Vols USD 53k

The market recorded a turnover of USD 53,477. The names that traded included CECZ, FARM, INVE, NATB, PUMA, SCBL, ZMFA and ZNCO. ZNCO was the biffest contributor towards turnover with value traded in the name amounting to USD 50k. PUMA was the second biggest contributor towards turnover with value traded in the name amounting to USD 1k.

Zimbabwe: Industrials -0.90%, Mining -1.94%, Vols USD 1m

The market in Harare continued to trek south with the Industrial index down 0.90% and the Mining’s index down 1.94%. Market turnover was up 44% to USD 1m. Innscor lost 1.01c to 58.99c. Old Mutual was down 4.01c to 164.99c while Turnall ended 0.99c lower at 9c. ABC went against the general trend to end 1c higher at 70c. Delta was actively traded in with 318,289 shares trading unchanged at 390c.On the Mining’s side, Hwange gave-up 1c to end the day at 27c.