Movers & Shakers: May 31, 2017


Botswana: DCI unch, USD 12k

Nothing to report from Gaborone.

Kenya: NSE 20 +0.10%, USD 12.8m

A much better day in Nairobi ahead of tomorrow's holiday with the usual suspect Safcom ($8m) driving proceedings as foreigners dominated both sides of the name with the telco closing +5.95% higher. There was also some very solid foreign action in EABL ($2.2m) and KNCB ($1m) with EABL closing unchanged while KNCB closed +3.2% higher.

Mauritius: Semdex +0.10%, USD 1.7m

Another rather active day as MCBG hit yet another record high (+80bps, Rs250.00). MCBG yet again dominated the major part of the market turnover.

Nigeria: ASI +0.76%, USD 10.5m

Things slowed down rather drastically in Lagos today with some small activity in GTB ($2.3m), Zenith ($1.6m) and FBNH ($1m) the only names worth mentioning. Banking stocks came under some serious pressure with the sector closing -3.06% lower thanks to heavy losses in GTB (-5.00%), UBA (-2.85%) and Zenith (-2.82%). Consumers (+1.49%) closed the day higher thanks to NB (+2.40%).

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

Zimbabwe: Industrials +0.71%, USD 323k

The bulls continue to push the market higher with aggressive local buying the major driving force. The main stock today was Innscor which closed at 60c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.15

4.45

Nigeria

NGN

318.50

-1.00

Kenya

KES

103.42

-0.88

Mauritius

MUR

34.81

3.33

Botswana

BWP

10.30

3.85

Tanzania

TZS

2236.00

-2.46

Uganda

UGX

3600.00

-0.10

Rwanda

RWF

827.97

-0.72

Ghana

GHS

4.29

-1.28

BRVM

XOF

587.80

7.17

Egypt

EGP

18.13

0.04

Morocco

MAD

9.74

3.98

Tunisia

TND

2.46

-5.91

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