Movers & Shakers: September 22, 2015


Botswana: DCI +0.05%, USD 505k

Not a bad day in Gaborone (relatively speaking) thanks to some action in Letshego as 1.7m shares changed hands in the name.

Kenya: NSE 20 -0.71%, USD 4.7m

If it wasn’t for a chunky cross in Bamburi at KES180 (both sides foreign) then the day would have been as forgettable as yesterday as absolutely nothing happening in Nairobi. Outside of the BMBC cross we saw some foreign action in Safcom (KES15.00). The rest of the market was non-existent.

Mauritius: Semdex -0.25%, USD 680k

Nothing much to report from Port Louis as turnover amounted to a dissapointing $680k with a bit of activity in MCBG (64k shares).

Nigeria: ASI +0.53%, USD 15.6m

The Nigerian bourse got off to a quick start with some crossing in a variety of names. However, after about 2 hours all activity stopped and we trickled into the close. Banks closed the day down 34bps with activity once again led by GTB (-1.43%, N24.15) and Zenith (-6bps, N18.10). However, immediately after the close the MPC announced that the CRR would fall from 31% to 25% - this should be seen as a positive for the sector. The MPC also announced that interest rates would remain unchanged at 13% while the liquidity ratio would also remain unchanged at 30%. The consumers gained 1.07% today led by NB (+2.65%, N140.02) and Nestle (-1bp, N820.00).

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

Zimbabwe: Industrials -0.55%, USD 574k

Another dull day in Harare with some small activity in Econet ($263k) and Seedco ($158k) the only names worth mentioning.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.70

-15.57

Nigeria

NGN

199.05

-7.84

Kenya

KES

105.60

-14.20

Mauritius

MUR

35.39

-10.30

Botswana

BWP

10.48

-9.28

Tanzania

TZS

2165.00

-19.95

Uganda

UGX

3655.00

-24.19

Rwanda

RWF

751.50

-8.21

Ghana

GHS

3.86

-16.65

BRVM

XOF

592.88

-9.28

Egypt

EGP

7.82

-8.59

Morocco

MAD

9.75

-6.89

Tunisia

TND

1.96

-5.46

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833