Movers & Shakers: April 11, 2014


Botswana: DCI -0.13%, USD 258k

Not much on the go in Gaborone today as value traded amounted to USD 258k with Choppies (238k shares) accounting for the majority of activity.

Egypt: Closed for the day.

Kenya: NSE 20 +0.54%, USD 24.9m

It was an unbelieveable day in Nairobi from an activity point of view as value traded amounted to $24.9m thanks to a few mammoth crosses in Safcom as a total of 123m shares traded in the telco with foreigners accounting for over 90% of the volume on both sides. Foreign demand (97.4%) pushed KNCB higher (+2.2%) with the name closing at KES 47.25 while locals (61.3%) pushed EQBNK +0.8% higher. A foreign cross of 500k ARML helped push the counter 1.8% to close at KES 84.50. There was a fair amount of activity in EABL today as atotal of 506k shares traded.

Mauritius: Semdex -0.29%, USD 1.63m

It was a solid day to end the week from an activity point of view in Port Louis as value traded amounted to USD 1.63m thanks mostly to MCBG which accounted for 78% of tutnover as 180k shares changed hands in a number of crosses. Not much on the go in SBM and NMH as 3.7m shares and 8k shares traded in the names respectively. March tourist arrivals fell by -3.7% from a year earlier.

Nigeria: ASI +0.29%, USD 24.9m

It was another solid day in Lagos to end the week as value traded amounted to a satisfactory $24.9m. Crosses in the likes of NB ($8.01m) Access ($2.77m), Cadbury ($2.64m), FBNH ($1.67m) and Zenith ($1.26m) drove proceedings. Banks had a very good day with the Index gaining +1.31% thanks to good performances in tier-1 banks Access (+4.99%), UBA (+2.78%) and Zenith (+2.12%). Consumers (-0.37%) closed the day lower with NB (-1.23%) and Dangote Flour (-0.98%) coming under pressure. In the cements, WAPCO (-1.85%) ended the day in the red while DangCem closed unchanged.

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

Zimbabwe: Industrials -1.20%, Mining unch, USD 1.20%

It was a much better day in Harare as value traded amounted to USD 1.21m thanks to some action in the likes of Willdale ($396k), CBZ ($253k) and Delta ($246k). Delta came under pressure today falling -4.35% after releasing a dissapointing trading update yesterday after the session. The market came under pressure after the slide in Delta with the Industrial Index falling -1.20%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.44

+0.44

Nigeria

NGN

160.85

-0.34

Kenya

KES

86.70

-0.46

Mauritius

MUR

30.05

unch

Botswana

BWP

8.70

+0.09

Tanzania

TZS

1633.50

-2.66

Uganda

TZSUGX

2513.90

+0.52

Rwanda

RWF

683.02

-1.03

Ghana

GHS

2.77

-14.41

BRVM

XOF

475.32

+1.03

Egypt

EGP

6.97

-0.41

Morocco

MAD

8.11

+0.88

Tunisia

TND

1.57

+4.18

contacts
  • Kenya +254 (714) 646 406
  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

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