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Movers & Shakers: May 16, 2017

Botswana: DCI +0.14%, USD 381k

Some small activity in FNBB the only name worth mentioning.

Kenya: NSE 20 -0.30%, USD 13.3m

A much better day in Nairobi thanks to some foreign action in Safcom ($8.3m) as the telco closed the day unchanged after yesterday's announcement that Vodafone would be selling their stake in the company to Vodacom. There was also some very solid action in KNCB ($2.7m) with foreigners dominating purchases while locals were net sellers as the bank closed +2.8% higher. The rest of the market was unfortunately very quiet.

Mauritius: Semdex -0.25%, USD 1.35m

MCBG continued its drop after the recent strong run as it fell by a further 80bps to Rs238.00. Activity was dominated by MCBG and SBMH (-30bps, Rs7.58).

Nigeria: ASI +0.35%, USD 21.2m

Activity continues to impress in Lagos with some solid action in DangCem ($5.1m), Access ($3.9m), GTB ($2.7m), Zenith ($1.5m) and NB ($1.4m) leading the way. Banking stocks managed to close in positive terriotry with the sector gaining +0.88% thanks to Access (+2.43%), GTB (+1.69%) and Zenith (+0.64%). Consumers stocks (+1.27%) also closed the day higher thanks to a good performance in NB (+2.35%).

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

Zimbabwe: Industrials +0.18%, USD 375k

The only action today was about 1.1m Econet which closed unchanged at 21c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.10

4.79

Nigeria

NGN

315.25

0.03

Kenya

KES

103.38

-0.84

Mauritius

MUR

34.95

2.92

Botswana

BWP

10.33

3.42

Tanzania

TZS

2237.00

-2.50

Uganda

UGX

3627.21

-0.85

Rwanda

RWF

840.50

-2.20

Ghana

GHS

4.32

-1.96

BRVM

XOF

597.70

5.39

Egypt

EGP

18.12

0.10

Morocco

MAD

9.82

3.12

Tunisia

TND

2.45

-7.35
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