Movers & Shakers: October 17, 2014

Botswana: DCI -0.06%, USD 769k

A decent day (relatively speaking) to end the week as turnover amounted to USD 769k thanks to some action in Letshego (1.5m shares) and Sefalana (133k shares).

Kenya: NSE 20 -0.19%, USD 9.1m

A decent enough day from an activity point of view in Nairobi with total value traded amounting to $9.1m as foreigners (76.7%) dominated activity. Foreigners dominated both sides of EABL but were however net sellers in the brewer as the name fell -0.7% on 1.08m shares. Foreigners also completely dominated proceedings in KNCB as the bank came under pressure and fell -1.7%. EQBNK managed to close flat at KES 50.50 as foreigners accounted for the majority of purchases. There were a few foreign crosses in BATK as 43k shares traded in the name.

Kenya: NSE 20 -0.19%, USD 9.1m

A decent enough day from an activity point of view in Nairobi with total value traded amounting to $9.1m as foreigners (76.7%) dominated activity. Foreigners dominated both sides of EABL but were however net sellers in the brewer as the name fell -0.7% on 1.08m shares. Foreigners also completely dominated proceedings in KNCB as the bank came under pressure and fell -1.7%. EQBNK managed to close flat at KES 50.50 as foreigners accounted for the majority of purchases. There were a few foreign crosses in BATK as 43k shares traded in the name.

Mauritius: Semdex -0.38%, USD 3.54m

Another active end to the week in Port Louis. The most active stock was MCBG (-47bps, Rs211.00). This dragged down SBMH (-96bps, Rs1.03).

Nigeria : ASI -0.76%, USD 23.4m

A rather average day to end the week in Lagos as turnover amounted to $23.4m with some crosses in Access ($3.58m), ETI ($3.12m), GTB ($2.68m), NB ($2.30m) and Zenith ($1.85m) being the major drivers behind activity. Banks managed to bounce slightly after an horrific week with the Index gaining +0.19% thanks to FBNH (+7.27%), Zenith (+1.52$) and ETI (+1.11%). Consumers (-1.23%) came under some pressure with UACN (-3.70%), NB (-2.68%) and Guinness (-1.10%) dragging the sector lower. WAPCO and DangCem continued to fall with the names closing -4.96% and -1.40% lower respectively.

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

Zimbabwe: Industrials -19%, USD 245k

An absolutely pathetic day in Zimbabwe as virtually nothing happened with a liquid name like Econet not even trading 1 share!

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.09

-5.42

Nigeria

NGN

165.22

-2.98

Kenya

KES

89.10

-3.14

Mauritius

MUR

31.47

-4.51

Botswana

BWP

9.16

-4.53

Tanzania

TZS

1693.00

-6.08

Uganda

UGX

2675.00

-5.53

Rwanda

RWF

692.51

-2.38

Ghana

GHS

3.22

-26.25

BRVM

XOF

516.51

-7.07

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.68

-5.78

Tunisia

TND

1.79

-8.11
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