Movers & Shakers: October 29, 2014


Botswana: DSE +0.03%, USD 108k

Not much on the go in Gaborone as turnover amounted to a boring USD 108k.

Kenya: NSE 20 +0.43%, USD 9.4m

A decent day in Nairobi although foreign participation was drastically reduced and in fact was skewed to the buy side. The 2 big banks were the most active names KNCB closed unchanged at KES 54.50 on foreign buying and 100% local selling. Equity Bank gained 1% to KES 51.00 with foreigners skewed to the sell side in the name. There was also some decent action in Safcom (+40bps, KES 12.15) while EABL ended the day marginally higher at KES 275.00.

Mauritius: Semdex -0.01%, USD 1.56m

A better day in Port Louis as turnover amounted to USD 1.56m with some action in CIEL (1.66m shares) and MCBG (57k shares) driving activity. Things were slow going in SBMH and NMH as 4.16m shares and 618 shares traded in the names respectively.

Nigeria : ASI -0.36%, USD 24.8m

The days resemble each other as another quiet day was interspersed with a couple of crosses. Banks fell by 96bps as they continue to give back some of last weeks rally. The biggest faller was UBA which fell by 6.18% to N5.01 although trading was thin in the name. The most active banking stocks were GTB (-1.99%, N26.16) and Zenith (unch, N22.00). The consumers ended the day marginally in the red with the bulk of trading taking place in Nestle (unch, N980.00) and NB (+56bps, N163.00). There was also some activity in DangCem (+3bps, N215.00).

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

Zimbabwe: Industrials +0.25%, USD 640k

Another slow day in Harare as turnover amounted to USD 640k with some action in Seedco (USD 410k) the only name worth mentioning. The market closed the day higher with the Industrial Index gaining +0.25%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.83

-3.16

Nigeria

NGN

165.56

-3.18

Kenya

KES

89.35

-3.41

Mauritius

MUR

31.25

-3.84

Botswana

BWP

9.07

-3.32

Tanzania

TZS

1707.63

-6.89

Uganda

UGX

2710.00

-6.75

Rwanda

RWF

699.02

-3.29

Ghana

GHS

3.22

-26.24

BRVM

XOF

516.90

-7.10

Egypt

EGP

7.14

-2.81

Morocco

MAD

8.67

-5.68

Tunisia

TND

1.79

-8.46

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