Movers & Shakers: September 25, 2014

Botswana: DCI unch, USD 231k

Not much on the go in Gaborone as turnover amounted to USD 231k with some action in Letlole (293k shares) and Choppies (123k shares).

Egypt: EGX 30 -0.22%, USD 74m

The EGX30 lost 0.22% to close at 9697 points on low volumes of USD 74m. The market got hit across the board, with only few exceptions such as SWDY (+3.01%) with 293,009 shares changing hands. ORWE (+0.88%). COMI (-0.36%) led in terms of volumes, and seeing selling pressure close at the EGP50.00/share level. ESRS ended the day down 1.02% after the company reported loss in 1H compared to a profit a year earlier as production fell due to the gas shortage. Institutional participation continued to be strong at 39.72% of the market and local institutions were net sellers worth EGP32 million.

Kenya: NSE 20 -1.38%, USD 8.8m

Activity fell again today with turnover amounting to $8.8m as locals (57%) once again dominated. The slide in EQBNK (-4.6%) continued as foreign sellers drove the name lower on 2.96m shares. Foreigners dominated both sides of EABL as 537k shares changed hands in the brewer. Safcom managed to close +0.4% higher on foreign purchases (95.7%) with 5.58m shares traded. NSE came under pressure as the name fell -8.1% on the back of local selling.

Mauritius: Semdex +0.44%, USD 1.81m

A very pleasing day from an activity point of view with turnover amounting to USD 1.81m thanks largely to some action in Lux Island Resorts (184k shares). There was some activity in MCBG as 51k shares traded while only 1.37m shares changed hands in SBM.

Nigeria: ASI -0.07%, USD 28.5m

Activity dropped quite drastically after yesterdays mammoth session with turnover amounting to $28.5m. There was some solid action in the likes of IntBrew ($6.63m), NB ($4.50m), Zenith ($2.74m), GTB ($2.36m) and Access ($2.15m). Banks closed the day lower with the Index falling -0.77% as Access (-8.65%) was the major drag on the sector after technical suspension of trading in the counter was lifted. Consumers (+0.53%) closed higher with IntBrew (+5.30%) and Guinness (+1.67%) putting in solid performances.

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

Zimbabwe: Industrials -0.04%, USD 667k

A better day in Harare as turnover amounted to USD 849k thanks mostly to some action in Innscor ($667k) while the rest of the market was very quiet. The market closed the day lower with the Industrial Index falling -0.04%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.18

-6.21

Nigeria

NGN

163.82

-2.15

Kenya

KES

89.00

-3.03

Mauritius

MUR

31.28

-3.93

Botswana

BWP

9.19

-4.94

Tanzania

TZS

1673.50

-4.99

Uganda

UGX

2633.00

-4.03

Rwanda

RWF

692.50

-2.38

Ghana

GHS

3.30

-28.03

BRVM

XOF

515.12

-6.79

Egypt

EGP

7.15

-2.86

Morocco

MAD

8.70

-5.94

Tunisia

TND

1.78

-8.07
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