Movers & Shakers: September 05, 2014


Botswana: DCI +0.09%, USD 500k

Another reasonable day in Gaborone with some activity witnessed in Letshego (256t), RDCP (861t), Turnstar (201t) and Chobe (402t).

Egypt: Closed for the day

Kenya: NSE 20 +0.06%, USD 2.6m

An absolutely dire end to the week in Nairobi with turnover falling to $2.6m as foreigners (17.6% of turnover) were all but absent. Centum was the top mover as the signaling effect of its contract win drove the investment firm 2.6% higher to touch a 52 week high of KES 58.50. Foreigners drove selling in Kenya-Re as 1.57m shares changed hands in the name.

Mauritius: Semdex +0.38%, USD 840k

A quiet end to the week in Port Louis. The Sem-7 rose by 43bps thanks particularly to NMH gained a solid 3.53% to Rs88.00. Also gaining were MCBG (+12bps, Rs207.75), Alteo (+84bps, Rs36) and Ciel (+29bps, Rs7.02). The only faller in the Sem-7 was Terra which closed down 96bps at Rs36.10.

Nigeria: ASI +0.35%, USD 16.8m

Not much on the go in Lagos on the last trading day of the week with turnover amounting to $16.8m as Zenith ($2.76m), GTB ($2.2m) and NB ($1.63m) drove activity. Banks managed to close on the front foot with the Index gaining +1.55% thanks to ETI (+5.00%) after yesterday's announcement, FBNH (+3.45%) and GTB (+1.74%). Consumers (-0.54%) closed lower with Flour Mills (-4.92%) and Nestle (-1.161%) weighing on the sector.

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

Zimbabwe: Industrials +0.80%, USD 1.57m

The index continues to grind higher as a complete lack of supply permeates throughout most of the market. Econet rose sharply to 84.01c after a local broker pushed the price up to 84c while there was also some decent activity in Delta (138c), Mash (2.65c) and Seedco (97c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.69

-1.91

Nigeria

NGN

162.22

-1.26

Kenya

KES

88.63

-2.62

Mauritius

MUR

31.21

-2.99

Botswana

BWP

8.92

-2.06

Tanzania

TZS

1662.00

-4.33

Uganda

UGX

2607.00

-3.07

Rwanda

RWF

690.76

-2.14

Ghana

GHS

3.79

-37.34

BRVM

XOF

508.90

-5.65

Egypt

EGP

7.15

-2.85

Morocco

MAD

8.58

-4.68

Tunisia

TND

1.75

-6.41

contacts
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