Movers & Shakers: October 18, 2012


African Currencies

Country

Notation

Currency
YTD %

South Africa

ZAR

8.62
-6.26

Nigeria

NGN

157.31
+3.17

Kenya

KES

85.20
-0.15

Mauritius

MUR

31.15
-5.78

Botswana

BWP

7.83
+4.88

Tanzania

TZS

1580.00
+0.13

Uganda

UGX

2582.50
-3.97

Rwanda

RWF

625.67
-3.44

Ghana

GHS

1.88
-13.09

BRVM

XOF

503.04
+1.16

Egypt

EGP

6.10
-1.24

Morocco

MAD

8.51
+0.92

Tunisia

TND

1.55
-3.96

 

 

 

 

Botswana: DCI +0.14%, USD 4.3m

The equities mkt in Bots saw huge vols today, thanks in large part to Choppies followed by Letshego and Turnstar. There were 3 winners and 2 losers. The winners were BIHL +1t to 103335t, Furnmart +1t to 165t and Letshego +5t to 150t. The losers were Barclays and stanchart losing -10t and -15t respectively.

Egypt: EGX 30 +0.65%, USD 123m

The market ended the day in negative territories lead by local retail and local institutions investors selling, the EGX30 ended the day down 0.31% to close at 5803.00 points. Market traded average volumes compared to recent volumes, market traded a total turnover of USD 95M. Volatility continued throughout the day today in Egyptian blue-chips as local retail investors along with local institutional investors continue to decrease their exposure the market at these levels, yet local international investors and GCC investors continue to be net buyers at these levels. Names such as TMGH, ACGC and ORTE managed to trade against the general sentiment, each ending the day up 1.44%, 2.18% and 0.81% respectively. OTMT lost some of its bullish momentum gained over the last couple of days, as the former witnessed aggressive buying in last couple of sessions lead by local retail buying, yet today the name witnessed notable selling to end the day down 1.64% to close at 0.60, its worth mentioning that OTMT accounted for more than 12% of the total turnover.

Investor mix:
•  • Foreigners were net Buyers by 9.32mn EGP and were 13.82% of the market.
•  • Egyptians were net Sellers by 14.22 mn EGP and were 75.26% of the market.
•  • Arabs were net Buyers by 4.85 mn EGP and were 10.91% of the market.
•  • Institutions were net Buyers by 18.76 mn EGP and were 32.60% of the market.
•  • Retail were net Sellers by 18.76 mn EGP and were 67.39% of the market.

Kenya: NSE 20 +0.24%, USD 4.78m

Activity remained robust with value traded amounting to $4.78m. BATK lead from the front thanks to a few large crosses with foreigners accounting for 98% of purchases and 99% of sales as a total of 280k shares traded. Foreigners dominated sales (77%) in Equity Bank as a total of 3.56m shares changed hands in the name. Kenya Commercial Bank ended the day firmer as foreigners dominated purchases (90%) with a total of 1.62m shares traded over the day. Foreigners were net buyers and accounted for $3.2m of total purchases while they accounted for $2.69m of total sales. The market closed the day higher with the NSE 20 Index gaining 0.24% to close at 4,023.55.

Mauritius: Semdex +0.33%, USD 800k

A quiet day in Mauritius today. Of the activity that did take place, it was skewed towards MCB which accounted for more than half of the activity. The counter traded unch at 163.00. No other name from the SEM-7 managed to breach the 1m MUR mark. There was one px change, Terra leapt +6.38% to reach 40.00.

Nigeria: ASI +0.29%, USD 14m

It was a very quiet session with value traded plummeting to $14m which is less than half of yesterday’s value traded. GTB released Q3 results today Gross earnings grew +21.86%. PBT grew +48.23%. Tax rose from (N11.292bn) to (N12.550bn). PAT grew +59%. The name closed at 20.15 which is -0.49% lower than it opened the day. The top-tier banks were mixed, UBA +1.53% was the outperformer with ETI, FBN and Zenith the other names closing in the black. The mid-tier banks were also mixed while the rescued banks had a strong day. Outside the banks there was very little else on the go. PZ had a stellar day +9.49% and DangS +2.5% and Cadbury -2.67%. 26 stocks advanced, 18 declined and 61 remained unchanged. The highest value of trades were in GTB, FBN, Zenith and Access.

South Africa: Top 40 -0.65%, USD 1.49bn

The JSE ended the day lower with the Top 40 Index falling 0.65% to close at 32,820 while value traded amounted to USD 1.49bn. Industrials were the day's biggest losers with the Index falling 0.86% followed by Financials and Resources which fell 0.47% and 0.41% respectively. The Rand was trading at 8.62 and 11.30 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.17%, USD 160k

Much better day in Lusaka today with value traded amounting to USD 160k thanks to a cross in ZMBF. The names that traded included CEC, LAFA, PMDZ, SCZ, ZMBF, ZSUG and ZANACO. ZMBF was the biggest contributor towards turnover with value traded in the name amounting to USD 118k. SCZ was the second biggest contributo towards turnover with value traded in the name amounting to USD 33k.

Zimbabwe: Industrial Index +1.25%, Mining Index +0.72%, USD 1.2m

The ZSE continues to show no signs of tiring as heavy caps stocks continue to break records. The industrial index closed 1.25% firmer at 156.64points spurred by gains in Econet, Delta, Innscor, CBZ and Old Mutual. Delta edged closer the $1 a share mark after a 2.68% gain saw the group close at 90c ahead of its interims due on November 7. Innscor rose 2.56% to 80c; Econet closed 0.61% higher at 491c ahead of its interims while Old mutual put on 0.61% to 166c. CBZ advanced 3.68% to 11c. There were only two fallers, RTG which retreated 10% to 1.8c and Truworths slipped 3.39% to 2.85 cents. In the absence of special block trades volumes dropped to 8.1m shares while turnover declined to $1.24m. Favorite stocks by value traded were Delta, Innscor and Econet. Foreign participation was net purchases as they invested $0.753m against sales of $0.086m. The mining index gained 0.72% to 86.63points spurred by Hwange which rose 2.78% to 18.5c.

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