Movers & Shakers: November 29, 2013

Botswana: DCI +0.04%, USD 8k

Another painfully dull day in Gaborone with nothing on the go.

Egypt: Closed for the day.

Kenya: NSE 20 -0.71%, USD 3.9m

Foreign investors (29%) were all but absent thanks to the Thanks Giving holiday in the U.S on a day where value traded declined to $3.9m. Nation Media was the day's most active stock as local investors dominated activity in the counter with $776k worth of stock changing hands. EABL was fairly active thanks to a cross with foreigners (93.1%) dominating purchases in the name as 145k shares traded. Not much on the go in Kenya Commercial Bank as as the counter fell 1.0% to close at KES 48.00. Profit taking continued in Britam with the insurer falling 9.52% to close at KES 14.25.

Mauritius: Semdex -0.08%, USD 834k

A rather dull day to end the week in Port Louis. The Sem-7 slipped by 6bps and was led lower by MCB which lost 37bps to Rs203.75. There were gains recorded in IBL (+1.01%, Rs) and Alteo (+27bps, Rs37).

Nigeria: ASI -0.02%, USD 17.8m

Another sluggish day to end the week in Lagos as value traded amounted to $17.8m. Transorp led the way in terms of activity with 247.79m shares ($5.67m) traded as the name closed limit down at N3.56. Zenith ($2.22m) and Oando ($1.14m) were the only big names that were quite active as market participants lacked conviction. Banks closed the day slightly higher with the Bank 10 Index gaining 0.10% thanks to a small gain in Zenith (+0.14%). Consumers also ended on the front foot with the Consumer Index gaining 0.27% as Flour Mills (+4.89%) and Dangote Flour (+1.05%) pushed the sector higher.

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

South Africa: Top 40 -0.29%, USD 1.05bn

The JSE ended the day lower with the Top 40 Index falling 0.29% to close at 40,169 while value traded amounted to USD 1.05bn. Resources were the day's biggest losers with the Index falling 0.64% followed by Industrials which fell 0.12% while Financials gained 0.03%. The Rand was trading at 10.17 and 13.84 to the USD and EUR respectively by the time local markets closed.

Zimbabwe: Industrials -1.02%, Mining unch, USD 1.32m

The industrials index was weaker in Friday trades on heavy cap losses. The index suffered a loss of 1.02% to 213.04pts weighed down by falls in heavy caps OK and Innscor. The retailer eased 13.04% to 20c and ended with lower bid of 18c while Innscor receded 5.3% to 80c. Despite the losses the risers outnumbered losers by 5 to 3. The minings for the 4th straight session was unchanged at 47.02 pts with only Bindura being consistent in activity all week, trading at previous close of 2c. Activity was relatively enhanced compared to yesterday with value surging 165% to $1.32m, albeit from a low base, on volumes of 5.85m shares.

African Currencies