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Movers & Shakers: May 16, 2014
Botswana: DCI +0.01%, USD 530k
The bulk of today’s action took place in the normally illiquid Sefalana (776t). Outside of this there was virtually nothing happening.
Egypt: Closed for the day.
Kenya: NSE 20 +0.45%, USD 11.3m
Activity dropped off but it was still a solid enough end to the week with value traded amounting to $11.3m with foreigners accounting for the bulk of today's activity. A large foreign cross in Safcom helped drive activity as a total of 57.8m shares traded in the telco. KenolKobil was surprisingly active as a total of 4.91m shares traded as the counter managed to gain 7.6% to close at KES 9.15 after positive news from management on the improving state of the business. The rest of the market was unfortunately rather dull.
Mauritius: Semdex +0.49%, USD 1.52m
Chunky trading in MCBG dominated the session as more than 60% of the total turnover took place in the banking group. MCBG closed unchanged at Rs214 while SBM rose by an impressive 2.94% to Rs1.05. Elsewhere in the Sem-7 the only mover was Terra which lost 1.10% to Rs36.10.
Nigeria: ASI +0.17%, USD 23.5m
A rather average day in Lagos as value traded amounted to $23.5m. Crosses in the likes of GTB ($5.37m), FBNH ($2.73m), FCMB ($2.67m) and NB ($2.64m) were the highlight of today's session. There was some profit taking in banking stocks after a good run with the Index falling -1.77% with Access (-3.05%), Zenith (-2.34%) and ETI (-2.10%) dragging the sector lower. Consumers (+0.52%) continued to march higher thanks to IntBrew (+2.40%) and Guinness (+1.69%). DangCem was relatively strong and managed to close +1.22% higher.
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials +0.61%, USD 1.7m
Much better day in Harare as value traded amounted to USD 1.7m thanks to some action in the likes of Delta ($765k), Innscor ($395k), CBZ ($200k) and Econet ($189k). The market closed the day higher with the Industrial Index gaining +0.61%.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
10.36 |
+1.26 |
|
Nigeria |
NGN |
162.30 |
-1.23 |
|
Kenya |
KES |
87.55 |
-1.43 |
|
Mauritius |
MUR |
30.20 |
-0.50 |
|
Botswana |
BWP |
8.66 |
+0.74 |
|
Tanzania |
TZS |
1651.00 |
-3.69 |
|
Uganda |
UGX |
2525.32 |
+0.07 |
|
Rwanda |
RWF |
685.40 |
-1.37 |
|
Ghana |
GHS |
2.95 |
-19.63 |
|
BRVM |
XOF |
481.28 |
-0.22 |
|
Egypt |
EGP |
7.11 |
-2.31 |
|
Morocco |
MAD |
8.19 |
-0.06 |
|
Tunisia |
TND |
1.62 |
+1.35 |
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