Nothing to report from Gaborone.
A cross in Safcom (unch) help the telco account for over half of today's turnover with 14.5m shares changing hands in the name as foreigners dominated both sides. There was also some activity in EABL (-2.4%) as the brewer came under pressure from both local and foreign sellers as 441k shares traded. The two banking heavyweights EQBNK and KNCB were very quiet.
The Semdex closed marginally in the red today on reasonable volumes of $1.35m. The most active stocks, as usual, were the 2 banks as we saw MCBG close unchanged at Rs214.00 while SBMH inched higher to Rs6.82.
A cross in Seplat ($1.3m) the only name worth mentioning on another dire day from an activity point of view. Banking stocks closed the day lower on low volume with the sector falling -0.41%. Consumer stocks (+0.53%) closed the day higher thanks to a positive move in NB (+1.41%).
Please note that the index figure above is correct at the time of writing.
The rally continues unabated as the aggressive local demand continues to push the market higher. Today was the turn of Econet (31c) and Delta (84c) to continue driving the outperformance.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.98 |
10.61 |
Nigeria |
NGN |
312.75 |
-36.28 |
Kenya |
KES |
101.88 |
0.41 |
Mauritius |
MUR |
35.88 |
-0.08 |
Botswana |
BWP |
10.76 |
4.38 |
Tanzania |
TZS |
2179.00 |
-1.36 |
Uganda |
UGX |
3634.00 |
-7.21 |
Rwanda |
RWF |
812.62 |
-8.32 |
Ghana |
GHS |
4.37 |
-12.93 |
BRVM |
XOF |
622.16 |
-0.58 |
Egypt |
EGP |
17.89 |
-56.26 |
Morocco |
MAD |
10.09 |
-1.55 |
Tunisia |
TNF |
2.31 |
-11.45 |