Movers & Shakers: April 11, 2016


Botswana: DCI +0.02%, USD 107k

Nothing much to report from Gaborone unfortunately.

Kenya: NSE 20 +0.45%, USD 6.2m

Safcom (+90bps, KES17.10) had a fairly decent day in terms of performance after the telco announced better than expected FY16 results. However, volumes in the name were actually rather dull. The main excitement was a chunky cross in Equity Bank (both sides foreign) with the banking group closing at KES40.50 (+1.3%). KNCB also rose by 1.3% to end the session at KES40.50. The rest of the market was uneventful.

Mauritius: Semdex -0.28%, USD 880k

Another rather sluggish day in Port Louis with some small activity in a few names while MCBG and SBMH remain very quiet.

Nigeria: ASI -0.06%, USD 7.9m

A late cross in NB ($2.4m) boosted activity on an otherwise dull day yet again. There was also some small activity in GTB ($1.9m) while the rest of the market remains eerily quiet. Banking stocks closed the day higher with the sectr gaining +0.58% thanks to GTB (+1.89%) and UBA (+0.88%). Consumers (+0.11%) also closed slightly higher thanks once again to NB (+0.42%).

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

Zimbabwe: Industrials -0.12%, USD 88k

Nothing to report from Harare.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.14

2.19

Nigeria

NGN

199.05

0.13

Kenya

KES

100.65

1.57

Mauritius

MUR

35.08

2.20

Botswana

BWP

10.96

2.36

Tanzania

TZS

2188.90

-1.81

Uganda

UGX

3325.00

1.41

Rwanda

RWF

795.75

-6.38

Ghana

GHS

3.82

-0.39

BRVM

XOF

581.94

6.29

Egypt

EGP

8.88

-11.89

Morocco

MAD

9.60

3.33

Tunisia

TNF

2.02

1.15

contacts
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