Movers & Shakers: November 28, 2014


Botswana: DCI unch, USD 4k

An absolutely dire day in Gaborone as turnover amounted to a paltry 4k.

Kenya: NSE 20 +0.08%, USD 10.3m

A solid enough day from an activity point of view to close off the week with total value traded amounting to $10.3m as locals dominated proceedins, it should however be noted that foreigners (63%) dominated total purchases. There was some pressure on Safcom as the telco fell -0.7% due to local selling as 12.06m shares traded. EQBNK (+0.5%) continued to bounce with foreigners (86%) driving the name higher. There was some profit taking in KNCB (-0.9%) as 1.97m shares traded in the name.

Mauritius: Semdex +0.20%, USD 2.67m

Activity continues to impress in Port Louis as turnover amounted to $2.67m thanks once again to market heavyweights SBMH (38.54m shares) and MCBG (149k shares) while the rest of the market was rather quiet.

Nigeria: ASI -0.47%, USD 35.7m

NB ($8.94m) finally knocked Zenith off the top of the list from an activity point of view as 9.31m shares traded in the brewer with total value traded amounting to $35.7m. There was also some decent action in WAPCO ($6.3m), Zenith ($2.97m), UBA ($2.84m) and Unilever ($2.11m). There was some profit taking in banks as the sector fell -0.89% thanks to FBNH (-4.33%), ETI (-2.78%) and Zenith (-1.82%). Consumers (-0.74%) closed lower with some profit taking in Nestle (-4.97%) while Dangote Sugar (+5.61%) and Cadbury (+3.35%) closed higher.

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

Zimbabwe: Industrials -0.53%, USD 854k

A rather sluggish end to the week in Harare as turnover amounted to $854k with some activity in Innscor ($362k) and Old Mutual ($183k) the only names worth mentioning. The market closed lower with the Industrial Index falling -0.53%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.02

-4.85

Nigeria

NGN

178.55

-10.22

Kenya

KES

90.10

-4.22

Mauritius

MUR

31.53

-4.69

Botswana

BWP

9.20

-4.99

Tanzania

TZS

1740.50

-8.64

Uganda

UGX

2775.00

-8.94

Rwanda

RWF

697.61

-3.10

Ghana

GHS

3.21

-26.02

BRVM

XOF

528.99

-9.24

Egypt

EGP

7.14

-2.81

Morocco

MAD

8.84

-7.43

Tunisia

TND

1.84

-10.64

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