Movers & Shakers: May 27, 2016

Botswana: DCI +0.01%, USD 10k

Nothing to report from Gaborone.

Kenya: NSE 20 -0.11%, USD 4.1m

A quiet end to a quiet week in Kenya although today we did see some foreign participation returning. The major foreign action went through in KNCB (-60bps, KES39.50) after posting H1 2016 results after the session yesterday while EABL (+1.0%, KES302) was also driven by foreign buying. The rest of the market was rather dull.

Mauritius: Semdex +0.32%, USD 240k

Absolutely nothing to report from Port Louis with turnover amounting to a dire $240k.

Nigeria: ASI +0.09%, USD 14.1m

The week’s rally in banking stocks ended today with the sector (-9bps) running into a brick wall. Despite this the banks still ended the week up 8.17% while consumers ended the week up 8.58%. Today’s volumes were also much quieter with the bulk of the action going through in FBNH (-23bps, N4.36), Access (-33bps, N5.96) and NB (+94bps, N142.00).

Please note that there is a holiday in Nigeria on Monday and the market will therefore be closed

Zimbabwe: Industrials -0.66%, USD 1m

A decent day to end the week in Harare thanks to a cross in Delta ($935k) with the buyer being local while the seller was foreign. Unfortunately the rest of the market was dead quiet.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.64

-1.05

Nigeria

NGN

199.05

0.13

Kenya

KES

100.68

1.61

Mauritius

MUR

35.25

1.70

Botswana

BWP

11.19

1.01

Tanzania

TZS

2189.00

-1.81

Uganda

UGX

3370.00

0.06

Rwanda

RWF

800.00

-6.88

Ghana

GHS

3.88

-1.93

BRVM

XOF

597.25

3.57

Egypt

EGP

8.88

-11.86

Morocco

MAD

9.76

1.91

Tunisia

TNF

2.09

-2.57
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