Movers & Shakers: August 13, 2014


Botswana: DCI +0.01%, USD 360k

It was a slower day as turnover fell to USD 360k with most of the activity centered around Choppies (416k shares).

Egypt: EGX 30 +0.15%, USD 125m

Egypt managed to close in the green territory for the third day. The EGX30 inched up 0.15% to close at 9288 points on decent volumes of USD 125m. CIEB (-0.47%) posted healthy 2Q2014 results with profits at EGP155.8 million, up 5.6% q-o-q as lending recovers in line with peers. LCSW (+4.54%) set another record as 2Q2014 results were buoyed by stronger pricing and a depreciating EGP. AMER gained 0.71% with 2Q2014 revenues up 96.6% y-o-y on higher deliveries, and better hotel performance. MNHD was down 1.63% following the recent surge ahead of 2Q2014 results, as net income came in 9.6% higher y-o-y on better margins.

Kenya: NSE 20 -0.27%, USD 4.3m

Not much on the go in Nairobi today as value traded amounted to $4.3m as foreign investors were all but absent. ARML was the most active name on the day thanks to a local cross as 1.01m shares traded. KNCB was extremly quiet as only 716k shares traded in the name. BCBL released H1 2014 results (EPS +13.4%) yesterday and as such attracted some foreign buyers with 2.5m shares traded on the day.

Mauritius: Semdex +0.06%, USD 970k

Banking stocks were mixed today on low volume as MCBG fell -0.24% while SBM closed unchanged. Total turnover fell ever so slightly to USD 970k as the usually illiquid Lottotech (523k shares) was the most active on the day.

Nigeria: ASI -0.81%, USD 17.2m

Another rather dull day in Lagos as turnover fell to $17.2m with no real crosses to mention. Banking stocks FBNH ($3.35m), GTB ($2.20m) and Zenith ($1.88m) dorve activity today while there was a cross early on in WAPCO ($1.57m). The banking sector came under some pressure as the Index fell -1.16% with Access (-3.03%), ETI (-2.51%) and UBA (-1.32%) dragging the sector lower. Consumers (-0.95%) also closed lower thanks to NB (-2.51%).

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

Zimbabwe: Industrials +0.17%, USD 1.36m

It was a decent start to the week in Harare after the long weekend with value traded amounting to USD 1.36m with some action in the likes of Innscor ($431k), Seedco ($426k), Delta ($222k) and Econet (113k). The market closed higher with the Industrial Index gaining +0.17%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.57

-1.80

Nigeria

NGN

161.65

-0.84

Kenya

KES

88.10

-2.04

Mauritius

MUR

30.61

-1.83

Botswana

BWP

8.82

-0.83

Tanzania

TZS

1662.00

-4.33

Uganda

UGX

2615.00

-3.37

Rwanda

RWF

690.00

-2.03

Ghana

GHS

3.85

-38.31

BRVM

XOF

493.14

-2.64

Egypt

EGP

7.14

-2.83

Morocco

MAD

8.35

-2.15

Tunisia

TND

1.72

-4.37

contacts
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  • Nigeria +234 (1) 342 9185

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