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