Movers & Shakers: September 06, 2017


Botswana: DCI +0.37%, USD 285k

Things slowed down in Gaborone today with some small action BIHL ($164k) the only name worth mentioning.

Kenya: NSE 20 +0.45%, USD 16.22m

The market was bullish with foreigners accounting for 91.90% of total sales. Foreigners were mainly selling Safaricom (unch, KES24.75), Diamond (unch, KES177.00) and Eqbnk (+0.65%, KES39.00) whilst locals were taking advantage of the lower prices in Co-op (+0.62%, KES16.30). Safaricom was the most actively traded counter in the session (accounted for 53% of activity) on the back of its dividend record date on 09/15/2017.

Mauritius: Semdex -0.49%, USD 1.47m

Activity was spread across the board today in Port Louis. The Sem-10 slid by 67bps with weakness in MCBG (-20bps, Rs269.25), IBL (-220bps, Rs43.00) and Terra (-30bps, Rs7.72). The only riser to mention was ABC Motors gaining 500bps to Rs115.50. In Economic news The Monetary Policy Committee (MPC) of the Bank of Mauritius announced that the the Key Repo Rate will drop from 4.00% to 3.5% per annum.

Nigeria: ASI +0.07%, USD 15.10m

The market closed higher with the consumers (+1.07%) leading the gains as Guinness closed up 10.24%. Guaranty (-1.26%) dominated the action on the day with foreign crosses accounting for circa 50% of turnover. The Industrials and Oil & Gas were the only indices that closed negative.

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

Tanzania: Data not available at the time of writing

Zimbabwe: Industrials +3.02%, USD 4.74m

Another strong day on the Harare bourse as the aggressive local buying continues unabated. Today we saw some chunky volumes in the Simbisa ($1.5m), Seedco ($768k) Innscor ($621k) Mash ($378k) and Econet ($239k).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.88

6.76

Nigeria

NGN

359.29

-12.24

Kenya

KES

103.30

-0.80

Mauritius

MUR

33.00

13.29

Botswana

BWP

10.05

6.20

Tanzania

TZS

2239.95

-2.63

Uganda

UGX

3600.00

-0.03

Rwanda

RWF

835.12

-1.57

Ghana

GHS

4.41

-6.80

BRVM

XOF

551.33

14.26

Egypt

EGP

17.64

2.76

Morocco

MAD

9.36

8.28

Tunisia

TND

2.44

-5.03

contacts
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