Movers & Shakers: October 29, 2015


Botswana: DCI -0.10%, USD 496k

A cross in Letshego (1.35m shares) tried to get things going as turnover amounted to $496k while the rest of the market was very quiet.

Kenya: NSE 20 -0.56%, USD 35.6m

A massive day in Nairobi today thanks to an extremely large late cross in Equity Bank (both sides local) at KES45.00. After trading around the KES41 level for quite a while now this cross went through at KES45.00. The rest of the market was really quiet with just some mild activity in Safcom (-1%, KES14.40) while Brit also saw a couple of crosses go through (unch, KES16.00).

Mauritius: Semdex -0.10%, USD 590k

The market just can't seem to get going from an activity point of view in Port Louis, as turnover failed to break the $1m mark yet again with all the big names very quiet.

Nigeria: ASI +0.17%, USD 14.1m

The main activity today was some crossing in NB (local buying/foreign selling) – without these crosses the market would have been rather dead as has been the norm in recent weeks. NB closed up 6.76% at N144.16 although this appeared to be a buyer’s fat finger right at the close because the name had traded at N136 all day. This gave the consumers (+3.06%) as well as the index a massive leg up. Elsewhere in consumers we saw Nestle close up 72bps at N836 while Banks continued to fall as they dropped by a further 1.17% on light volumes.

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

Zimbabwe: Industrials +0.10%, USD 312k

A better day in Harare but still nothing to write home about as turnover amounted to $312k with some small action in Econet and BAT.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.84

-16.39

Nigeria

NGN

198.44

-7.55

Kenya

KES

101.90

-11.09

Mauritius

MUR

35.87

-11.49

Botswana

BWP

10.57

-10.03

Tanzania

TZS

2,180.00

-20.50

Uganda

UGX

3,560.00

-22.16

Rwanda

RWF

756.25

-8.79

Ghana

GHS

3.89

-17.29

BRVM

XOF

605.85

-10.78

Egypt

EGP

8.03

-10.93

Morocco

MAD

9.85

-7.84

Tunisia

TND

2.00

-6.87

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