Outside of some mild action in BIHL (1815t) the market was quiet.
Another dull and uneventful day in Nairobi. Foreign and local participation were exactly 50% on both the buy and sell side and yet again we saw Safcom heavily dominate the turnover charts. The telco rose by 50bps to KES19.25. There was some mild action in KNCB (-1.5%, KES33.00) as well as a local cross in Sasini Tea.
The market’s rally continued for the 12th straight day in Port Louis with SBM closing +1.3% higher at a 16-month high of Rs7.60. It was also a relatively active day thanks to some action in INNO, SUN, MCBG and SBMH.
Local investors continue to dominate the market. Interest remains extremely thin and we saw the apathetic mood pull the market lower yet again. Both the banks (-62bps) and consumers (-31bps) drifted lower. The only action today went through in Dangcem (-36bps, N164.00) and Nestle (unch, N750.00).
Please note that the index figure above is correct at the time of writing.
Nothing to report from Harare.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.87 |
-0.96 |
Nigeria |
NGN |
315.00 |
0.02 |
Kenya |
KES |
103.40 |
-0.86 |
Mauritius |
MUR |
35.25 |
2.04 |
Botswana |
BWP |
10.69 |
-0.11 |
Tanzania |
TZS |
2234.00 |
-2.37 |
Uganda |
UGX |
3614.00 |
-0.48 |
Rwanda |
RWF |
839.50 |
-2.08 |
Ghana |
GHS |
4.23 |
0.18 |
BRVM |
XOF |
620.35 |
1.55 |
Egypt |
EGP |
18.08 |
0.32 |
Morocco |
MAD |
10.09 |
0.41 |
Tunisia |
TND |
2.33 |
-1.34 |