Movers & Shakers: September 27, 2017


Botswana: DCI -0.07%, USD 203k

Market turnover was mainly geared towards Letshego ($97k) and Sefalana ($87k) the counters accounted for 48% and 43% respectively.

Kenya: NSE 20 -0.9%, USD 4.94m

The market continued its bearish trend with foreigners accounting for 41.7% of total sales. Foreigners once again were mainly involved in Safcom (-0.96%, KES25.75), ARM (+4.04%, KES11.60) and KCB (-0.60%, KES41.0), locals were taking advantage of the lower prices in Kenre (unch, KES20.00). Safcom continued to be the most actively traded counter accounting for 35% of total market turnover.

Mauritius: Semdex +0.16%, USD 3.55m

Today’s turnover was driven by a foreign cross in MCBG (-0.7%, Rs287). SBMH closed unchanged at Rs7.94 with 1.3m shares exchanging hands, of which 393k of that were foreign purchases.

Nigeria: ASI -0.36%, USD 3.5m

Things went from bad to worse on the Nigerian stock exchange with not a single counter breaking the $1m barrier. We saw Nestle strengthening by 39bps to N1,210.06 and NB down 90bps to N165.50. The gainers worth mentioning on a dire day are Stanbic up 63bps to N39.75 and Dangcem up 194bps to N210.00.

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

Zimbabwe: Industrials +3.68%, USD 5.33m

The industrial index upward trend continued again today up +3.68% geared towards BATZ (7.14+%), Delta (7.90+%), Innscor (6.58+%) and PPC (+4.93%). Axia ($1.73m), Delta ($1.56m), Innscor ($1m) and Seedco ($458k) drove proceedings accounting for 89% of turnover.

African Currencies

Country

Notation

Currency

YTD %

Botswana

BWP

10.35

3.31

BRVM

XOF

572.08

10.11

Egypt

EGP

17.66

2.66

Ghana

GHS

4.40

-6.55

Kenya

KES

103.40

-0.90

Mauritius

MUR

33.77

6.52

Morocco

MAD

9.46

6.96

Nigeria

NGN

355.99

-11.42

Rwanda

RWF

837.17

-1.81

South Africa

ZAR

13.57

1.23

Tanzania

TZS

2239.45

-2.61

Tunisia

TND

2.49

-6.68

Uganda

UGX

3599.41

-0.08

contacts
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