Movers & Shakers: August 07, 2016

Botswana: DCI +0.13%, USD 570k

Some action in the normally highly illiquid Engen (900t) was the main action today in Gaborone.

Kenya: NSE 20 -0.02%, USD 19.7m

A very impressive day in Nairobi thanks to a large cross in Safcom (+0.8%) as 57.6m shares changed hands in the name with the telco accounting for 55% of total market turnover. There was also some decent activity in EQBNK (unch) and EABL (-0.4%) as 13.2m shares and 1.3m shares changed hands in the names respectively. Not much on the go in KNCB (+1.9%) as 1.2m shares traded.

Mauritius: Semdex -0.09%, USD 1.7m

MCBG once again stole the show with well over 80% of the total daily turnover taking place in the bank. The rest of the market was dull.

Nigeria: ASI +0.07%, USD 11.3m

GTB ($5.8m) once again saved the day from an activity point of view thanks to a cross just before the close while there was also some decent activity in Zenith ($1m). Banking stocks closed the day slightly higher with the sector gaining +0.24% thanks to UBA (1.55%). Consumers (+0.10%) closed in positive territory on very light volume.

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

Zimbabwe: Industrials -0.03%, USD 401k

A good illustration of how badly Zimbabwe has fallen in that market participants almost got excited for $400k changing hands. Some activity in Delta (63c) and Econet (19.6c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.02

10.17

Nigeria

NGN

315.25

-36.78

Kenya

KES

101.35

0.94

Mauritius

MUR

35.28

1.62

Botswana

BWP

10.57

6.06

Tanzania

TZS

2184.00

-1.59

Uganda

UGX

3383.00

-0.33

Rwanda

RWF

804.18

-7.36

Ghana

GHS

3.97

-4.04

BRVM

XOF

592.18

4.50

Egypt

EGP

8.83

-11.34

Morocco

MAD

9.71

2.20

Tunisia

TNF

2.20

-7.19
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