Nothing on the go in Gaborone as turnover amounted to a very dull USD 50k.
A volatile trading session in the Egyptian market as the index got hit across the board with few exceptions following a green open. The EGX30 fell 0.13% to close at 9587 points on strong volumes of USD 139m. ESRS lost 0.58%, after reaching a high of EGP19.50/share approx. 3.3% higher at the start of the day. The real estate sector plunged today, with OCDI (-5.14%) getting initial regular approval for EGP1 billion rights issue, PHDC (-3.34%), HELI (-5.15%), while TMGH and MNHD managed to add (+1.8%) and (+0.37%). Institutional investors were 35.9% of market participation, while foreign institutions ended the day as net buyers worth EGP102 million.
Another active day in Kenya with a number of decent crosses going through. Foreign activity was also much improved and is yet again skewed to the sell side. The most active stock was BCBL which saw a chunky foreign-foreign cross go through as the name closed unchanged at KES 17.35. There was also decent action in Coop Bank (+30bps, KES19.50), Safcom (unch, KES13.15) and NSE (+9.5%, KES17.85). The NSE put out an announcement regarding BATK after yet another suspicious trade in the name went through.
Things slowed down in Port Loius but it was still a rather solid day with turnover amounting to USD 2.88m thanks to some activity in SBM as 57.96m shares changed hands in the name which accounted for 68% of turnover. MCBG was also quite active as 80k shares traded while the rest of the market was quiet.
Activity continues to improve in Lagos. Banks gained a solid 50bps with Access (+4.35%, N9.60) the main outperformer while there were decent volumes in FBNH, GTB and Access. Consumers fell by a modest 2bps with UACN yet again a very active performer (+5bps, N59.05). NB closed unchanged at N177.01 and Guinness closed at N173.50. Oando also saw decent activity as it closed 16bps higher at N25.69.
Please note that the index figure above is correct at the time of writing.
It was a very active day in Harare as turnover increased to USD 3.51m thanks to some activity in Econet ($1.72m), Delta ($771k) and DZL ($564k). The market closed the day slightly lower with the Industrial Index falling -0.03%.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
10.94 |
-4.08 |
Nigeria |
NGN |
162.84 |
-1.56 |
Kenya |
KES |
88.65 |
-2.65 |
Mauritius |
MUR |
31.23 |
-3.78 |
Botswana |
BWP |
9.08 |
-3.63 |
Tanzania |
TZS |
1664.00 |
-4.45 |
Uganda |
UGX |
2600.00 |
-2.81 |
Rwanda |
RWF |
690.00 |
-2.03 |
Ghana |
GHS |
3.62 |
-34.48 |
BRVM |
XOF |
510.79 |
-6.00 |
Egypt |
EGP |
7.15 |
-2.94 |
Morocco |
MAD |
8.60 |
-4.92 |
Tunisia |
TND |
1.76 |
-6.75 |