Movers & Shakers: November 26, 2014


Botswana: DCI unch, USD 676k

Another average day in Gaborone as turnover amounted to $676k thanks mostly to Letshego as 2.28m shares traded in the name.

Kenya: NSE 20 +0.70%, USD 9.0m

Another solid day from an activity point of view as turnover amounted to $9.0m thanks to an increase in foreign participation (70%). Foreign demand (95%) continues to drive KNCB as the name closed +1.8% higher on 3.02m shares. Foreigners also dominated both sides of Safcom as the teclo gained +1.8% on 12.09m shares. There was finally some respite in EQBNK as the bank closed +2.7% higher with foreigners showing renewed interest in the name. Foreigners accounted for all of the purchases in EABL as the brewer closed +1% higher.

Mauritius: Semdex +0.06%, USD 3.51m

Another very active day in Port Louis as turnover increased to $3.51m thanks to some large crosses in MCBG (277k shares), SBMH (25.8m shares) and NMH (176k shares) while the rest of the market was relatively quiet.

Nigeria: ASI +1.37%, USD 56.3m

Another absolutely mammoth day in Zenith ($17.61m) as a total of 149m shares traded in the name thanks to a number of large crosses. There was also some decent activity in the likes of GTB ($6.2m), FBNH ($5.55m), NB ($3.76m), Oando ($2.78m) and ETI ($2.38m). Banks were on the charge today as the Index gained +1.18% thanks to FBNH (+4.62%), ETI (+4.59%) and UBA (+4.09%). Consumers (+2.90%) finally had a very strong day with good gains in PZ Cussons (10.25%), Flour Mills (+4.98%), Dangote Sugar (+4.88%), Nestle (+4.08%) and NB (+3.06%).

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

Zimbabwe: Industrials -0.4%, USD 1.07m

Things slowed down drastically in Harare as turnover amounted to $1.07m thanks to some action in Delta ($594k) and Padenga ($321k) while the rest of the market was very quiet. The market continued to fall with the Industrial Index closing -0.4% lower.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.95

-4.23

Nigeria

NGN

176.30

-9.08

Kenya

KES

90.10

-4.22

Mauritius

MUR

31.46

-4.48

Botswana

BWP

9.18

-4.77

Tanzania

TZS

1738.50

-8.54

Uganda

UGX

2775.00

-8.94

Rwanda

RWF

695.25

-2.77

Ghana

GHS

3.19

-25.55

BRVM

XOF

527.56

-8.94

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.82

-7.21

Tunisia

TND

1.83

-10.30

contacts
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  • South Africa +27 11 268 5833