Movers & Shakers: November 07, 2014


Botswana: DSE +0.02%, USD 515k

There was some action in Choppies today at 405t while there was also some decent activity in the normally very illiquid Turnstar (201t).

Kenya: NSE 20 -0.02%, USD 7.2m

Activity increased today on the back of a rise in foreign participation (67.7%) with turnover amounting to $7.2m. Foreign demand in Safcom (+1.2%) continues to drive the telco higher as 17.53m shares traded in the name. The two major banks ended the day mixed as EQBNK gained +0.5% while KNCB closed -0.9% lower on average volume. There was also continued foreign demand in EABL as the brewer gained +0.3% on 108k shares.

Mauritius: Semdex -0.21%, USD 2.27m

Another weak day in Port Louis while volumes remain decent. MCBG continues to soften and closed down a further 24bps at Rs206.50 while SBMH ended the day unchanged at Rs1.03.

Nigeria: ASI -3.68%, USD 40.4m

Another very active day in Lagos as turnover amounted to a very impressive $40.4m while there was no respite in the selling as the ASI fell by -3.68%. There was some action in the likes of Zenith ($8.39m), GTB ($6.40m), FBNH ($4.80m), NB ($3.81m) and Nestle ($3.08m). Banks continued to fall with FBNH (-7.03%), ETI (-4.89%), GTB (-4.00%) and Access (-2.63%) coming under pressure. Consumers (-2.66%) were also very weak as PZ Cussons (-9.73%), Cadbury (-8.47%) and Flour Mills (-5.00%) continued to slide. There was also weakness in WAPCO and DangCem as the names fell -5.00% each.

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

Zimbabwe: Industrials -0.12%, USD 1.38m

A more respectable day on the Harare bourse. There was decent action in the likes of Seedco (91c), Econet (70c) and Delta (115c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.25

-6.80

Nigeria

NGN

166.40

-3.67

Kenya

KES

89.85

-3.95

Mauritius

MUR

31.52

-4.66

Botswana

BWP

9.33

-6.12

Tanzania

TZS

1708.50

-6.94

Uganda

UGX

2710.00

-6.75

Rwanda

RWF

694.26

-2.63

Ghana

GHS

3.22

-26.35

BRVM

XOF

531.70

-9.72

Egypt

EGP

7.14

-2.81

Morocco

MAD

8.88

-7.96

Tunisia

TND

1.83

-10.58

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833