A nice chunky cross in Choppies (490t) was the only game in town today.
It was a very dull end to a very dull week in Nairobi. The banks had a mixed day with KNCB inching higher to KES47.75 while Equity Bank closed marginally softer at KES44.75. Safcom also continued to retreat after the earlier strength and fell to KES14.70.
Despite gains in both the banks (+77bps) and consumers (+40bps) the ASI lost ground today. This was due to Dangcem which fell by 1.76% to N167.01. As expected, the bulk of the market was eerily quiet with just a couple of crosses lighting up proceedings. The banks were led by GTB (+1.87%, N24.55) and Zenith (-28bps, N18.10). The consumers were driven by Nestle (+1bp, N820.05) while UACN (-3.58%, N31.82) saw a chunky local cross go through for the second consecutive day.
Please note that the index figure above is correct at the time of writing.
The lion's shares of today's activity took place in normally illiquid stocks. These were CBZ (8.96c) and Pear (2.2c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.20 |
-12.93 |
Nigeria |
NGN |
198.95 |
-7.79 |
Kenya |
KES |
105.10 |
-13.80 |
Mauritius |
MUR |
35.48 |
-10.51 |
Botswana |
BWP |
10.23 |
-7.09 |
Tanzania |
TZS |
2169.30 |
-20.11 |
Uganda |
UGX |
3655.00 |
-24.19 |
Rwanda |
RWF |
750.50 |
-8.09 |
Ghana |
GHS |
3.93 |
-18.15 |
BRVM |
XOF |
581.29 |
-6.74 |
Egypt |
EGP |
7.83 |
-8.60 |
Morocco |
MAD |
9.60 |
-5.49 |
Tunisia |
TND |
1.93 |
-3.79 |