Country
|
Notation
|
Currency
|
YTD %
|
|
---|---|---|---|---|
South Africa
|
ZAR
|
8.2721
|
-2.09
|
|
Nigeria
|
NGN
|
157.20
|
+3.24
|
|
Kenya
|
KES
|
85.33
|
-0.30
|
|
Mauritius
|
MUR
|
30.40
|
-3.45
|
|
Botswana
|
BWP
|
7.6191
|
+1.94
|
|
Tanzania
|
TZS
|
1574.00
|
+0.51
|
|
Uganda
|
UGX
|
2540.00
|
-2.36
|
|
Rwanda
|
RWF
|
622.3579
|
-2.93
|
|
Ghana
|
GHS
|
1.8940
|
-13.44
|
|
BRVM
|
XOF
|
510.0161
|
-0.24
|
|
Egypt
|
EGP
|
6.0958
|
-1.05
|
|
Morocco
|
MAD
|
8.6529
|
+0.70
|
|
Tunisia
|
TND
|
1.5761
|
-4.96
|
Very quiet in Botswana today with value traded amounting to USD 34k while the market closed the day higher with the DCI gaining 0.07% to close at 7,389.28. Letshego (140t, +1t) was the only name that closed higher on the day while Primetime (191t, -3t) and Turnstar (149t, -1t) were the only counters that closed the day lower.
After a relatively subdued start the market livened up as the day progressed. Aggressive foreign buying in EABL pushed the price up 1.75% to KES233 with the name accounting for more than 50% of the vols. Foreign activity was also strong on both sides of Safcom with the name closing up 1.23% at KES4.10. The banking sector was much more muted with EqBnk soft, closing down -1.06% at KES23.25 while KNCB closing unchanged at KES27.50. Kenya’s economic growth for Q2 was announced and this showed a slowdown to 3.3% for the quarter, down from revised 3.4% in Q1 as record interest rates stifled lending.
Both the Semdex and the Sem-7 ended the week in the red, down 0.12% and 0.2% respectively. MCB drove the market overall. The name saw 73.4k shares trade 0.6% lower at Rs162. SBM traded level at Rs83.50. NMH was unchanged at Rs55 on 214.6k shares. Ciel increased by 5% to end at Rs18.90. The Dem index closed 0.4% higher at 140.83pts.
Once again the banking sector was the most active with First Bank in particular dominating volumes. After a strong start in the name the name closed down softly 93bps at N14.85. The other banks were mixed with names split on screen between red and black with the sector up 25bps for the session. NB also saw a lot of activity and the name was strong, closing up +1.18% at N137. Other outliers for the day were Unilever (+4.99%), Flour Mills (-4.39%) and UBN (-4.94%). Overall, another good day of activity to end the quarter in Lagos. Please remember that Monday is a holiday in Nigeria (Independence Day) and hence the NSE will be closed.
The JSE ended the week in the green with the Top 40 Index up 0.4% at 31,518 while value traded stood at USD 1.6bn. Resources edged up 0.6%. Financial's closed 0.63% higher. Industrials rose by 12bps. The top movers on the Top40 included IMP, MNP, AMS, ANG and MND whilst shakers were SHP, IPL, TRU, TBS and AGL.
Lusaka ended the week on a flat note with only USD 297k worth exchanging hands. 400k Zambeef were traded at ZMK 2,600. CEC saw 30,578 shares trade in the name at ZMK 680.
The industrial index closed the day 0.71% higher at 146points. Econet gained 1.03% to close at 441c, Delta climbed 2.63% to 78c, Old Mutual rose 1.76% to 173c, AICO put on 6.79% to close at 14cwhile DZL inched 1.21% to 16.7c. Property stocks Dawn and Pearl rose 7.14% and 5.77% to 0.75c and 2.75c respectively. However, HIPPO lost 3.91% to 110.5c, CBZ gave up 4.02% to 10.03c, Seedco eased a marginal 0.115 to 88c and Zimplow lost 6.78% to 5.5c. . Turnover stood at $2.58m up from $1.28m. Losses in Rio and Bindura saw the mining index ease 2.02% to 96points. Rio slipped 0.76% to 65.5c on profit taking while Bindura eased 6.25% to 3c.