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Movers & Shakers: October 10, 2017


Botswana: DCI -0.19%, USD 107k

A quiet day in Gaborone, Letshego (unch, 197t) the only name worth mentioning taking up the lion’s share of the market.

Kenya: NSE 20 -0.42%, USD 2.06m

The market was generally slow as thin trades were registered across the board. Equity (+1.4%, KES36.50) accounted for 45% of turnover on the back of foreign selling. Foreign participation declined to 49% from 83.3% yesterday.

Mauritius: Semdex -0.28%, USD 4.03m

The Semdex closed in the red for the second consecutive day falling 0.28% while turnover was decent geared towards corporate bonds IBL Notes and SUN Notes. MCBG was unchanged at Rs277.00, while SBMH inched up 0.5% to close at Rs7.84, following news that it intends to buy Chase Bank in Kenya. PBL was up +0.3% to Rs487.00 on a foreign purchase.

Nigeria: ASI -0.15%, USD 9.04m

Another uneventful day in Lagos as most of the indices closed lower. Losses in Diamond (-4.76%, N1.00), Sterling (-3.81%, N1.01) and Fidelity (-1.43%,N1.38) depressed the banking sector index. While losses recorded in NB (-0.65%, N168.90) and Dangsugar (-0.22%, N13.77) depressed the consumer sector index. GTB ($1.6mn), Dangcem ($889k) and Zenith ($646k) were the most active names.

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

Zimbabwe: Industrials +1.25%, USD 3.73m

Delta (unch, $2.80) drove proceedings again in Harare today with turnover of $1.4m and Econet (+4.3%, $1.4550) also traded decent volumes, the two counters made up 66% of market turnover. The industrial index rose +1.25% following gains in Econet, FMHL, Hippo, OM and Natfoods. Foreginers were net sellers disposing shares worth $1.47m.

African Currencies

                       
  AFRICA STOCK EXCHANGE PERFORMANCE     CURRENCIES  
                       
  Country Index 10-Oct-17 YTD %     Country Notation 10-Oct-17 YTD %  
  Botswana DCI 8900.71 -8.25%     Botswana BWP 10.34 3.10  
  Egypt CASE 30 13824.08 11.99%     Egypt EGP 17.63 2.80  
  Kenya NSE 20 3696.77 16.02%     Ghana GHS 4.40 -6.48  
  Malawi MASI 19186.25 44.04%     Kenya KES 103.30 -0.80  
  Mauritius SEMDEX 2212.80 22.36%     Morocco MAD 9.43 7.43  
    SEM 10 425.59 23.35%     Mauritius MUR 34.10 5.50  
  Morocco MASI 12425.14 6.71%     Nigeria NGN 355.99 -11.42  
  Nigeria NSI 36776.60 36.85%     Rwanda RWF 843.00 -2.49  
  Tanzania TSI 2173.75 -40.90%     Tunisia TND 2.48 -6.76  
  Rwanda RSI 124.62 -2.07%     Tanzania TZS 2 242.88 -2.76  
  Uganda USE ALSI 1673.77 13.29%     Uganda UGX 3 622.34 -0.71  
  Zambia LUSE All Share 4877.72 17.29%     BRVM XOF 569.76 10.56  
  Zimbabwe Industrial Index 468.64 221.87%     South Africa ZAR 13.63 0.81  
    Mining Index 135.18 131.04%     Zimbabwe *OMIR 4.95 262.82  
              *Zimbabwe Old Mutial Implied Rate  
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