Movers & Shakers: September 16, 2014

Botswana: DCI +0.05%, USD 23k

Another dire day in Gaborone with turnover amounting to a paltry USD 23k.

Egypt: EGX 30 +0.93%, USD 81m

The Egyptian market rallied 0.93% today to close at 9534 points on lower than average volumes of USD 81m. CCAP (+0.45%) posted strong top line 2Q2014 results with a positive EBITDA at EGP181.2 million relative to a loss of EGP15.6 million the previous year. GTHE (-0.96%) sold a stake in Wind Canada to Globalive Capital for a total consideration of USD122 million. COMI surged 1.75% with 865 million shares changing hands. Institutional investors were 37.30% of market participation, while foreign institutions ended the day as net sellers for the second day worth EGP48.4 million.

Kenya: NSE 20 +0.66%, USD 17.7m

A very active day in Kenya with a number of crosses dominating the day with local investors still dominant. There was active trading in the large caps such as KNCB (+90bps, KES59.00), Safcom (+90bps, KES12.85), Equity Bank (+1%, KES53.00) and EABL (-40bps, KES281). Smaller cap names also saw some decent activity in the likes of Diamond Trust (unch, KES255.00), Bamburi (-60bps, KES156) and KPLL (unch, KES14.50).

Mauritius: Semdex +0.06%, USD 790k

Activity slowed down quite drastically in Port Louis today with turnover amounting to a dull USD 790k. It was very dull in MCBG and SBM with 42k shares and 380k shares changing hands in the names respectively

Nigeria: ASI -0.30%, USD 25.9m

A generally dull day with a large cross in Diamond Bank (majority of sell was local, foreign buyer) the main talking point. Banks slid by 51bps for the day with ETI profit taking (-3.13%, N19.20) the main drag on the sector. Outside of Diamond Bank (+1.25%, N6.47) there was some activity in FBNH, GTB and Zenith. Cosnumers also fell by 51bps with activity focused on NB (-64bps, N175) and Nestle (unch, N1010). Active trading in Oando yet again (-2.76%, N24.30).

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

Zimbabwe: Industrials -0.61%, USD 995k

Turnover failed to break the $1m mark today with total value traded amounting to USD 995k with some action in Delta ($394k) and Econet ($183k). The market closed the day lower with the Industrial Index falling -0.61%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.96

-4.27

Nigeria

NGN

162.95

-1.63

Kenya

KES

89.00

-3.03

Mauritius

MUR

31.23

-3.78

Botswana

BWP

9.07

+3.82

Tanzania

TZS

1663.00

-4.39

Uganda

UGX

2607.50

-3.09

Rwanda

RWF

690.75

-2.14

Ghana

GHS

3.60

-34.03

BRVM

XOF

509.68

-5.79

Egypt

EGP

7.15

-2.83

Morocco

MAD

8.59

-4.74

Tunisia

TND

1.76

-7.02
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