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Movers & Shakers: August 20, 2014
Botswana: DCI +0.11%, USD 1.88m
It was a very solid day from an activity point of view in Gaborone with turnover amounting to USD 1.88m thanks to some action in FNBB (2.01m shares), Sechaba (200k shares) and Letshego (1.02m shares).
Egypt: EGX 30 +0.45%, USD 153m
The Egyptian market is on the rise again, with the real estate sector maintaining the bullish market drive. The EGX30 gained 0.45% to close at 9437 points on higher-than-average volumes of USD 153m. TMGH, OCDI, and HELI all marked new six-year highs, ending the day 0.99%, 3.82%, and 1.62% higher on decent market volumes. EKHO (-4.95%) and MOIL (-2.88%) witnessed strong selling pressure today as rumors circulate about the new Suez Canal's CDs being in USD with decent yields. CCAP was up 0.45% after mining subsidiary ASCOM was selected to work on the dry sand excavation of a 1 km long, 0.4 km wide section of the New Suez Canal, and Rift Valley bough 20 locomotives from General Motors. Foreigners ended the day as net buyers worth EGP40 million, accounting for 13.33% of market participation.
Kenya: NSE 20 -0.42%, USD 5.1m
Local investors (79.5%) dominated proceedings on a rather dull day in Nairobi as tunover fell to $5.1m. There was a small bit of activity in Safcom as 7.31m shares traded in the telco while there was some foreign buying activity (53%) in KNCB as 1.45m shares traded. Kenya Airways shed 2.04% after the national courier retained flights to Nigeria and Ghana which have been affected by the Ebola Virus. The retention has raised fears of the Ebola Virus spreading into Kenya.
Mauritius: Semdex +0.14%, USD 1.28m
Activity slowed down in Port Louis but it was still a rather decent day as value traded amounted to USD 1.28m. There was some activity in Lottotech (594k shares), MCBG (32k shares) and ENL Land (71k shares) that drove proceedings while SBM (1.39m shares) was very quiet.
Nigeria: ASI -0.05%, USD 11.3m
An absolutely dire day as tunover amounted to $11.3m with only one stock breaching the $1m mark (in turnover) with 7.58m shares traded in Zenith ($1.36m) while there was some activity in Forte Oil ($952k). Banks managed to close higher with the Index gaining +0.26% thanks to GTB (+1.06%) and UBA (+0.97%). Consumers (-0.21%) closed lower with Dangote Sugar (-0.79%) and IntBrew (-0.49%) weighing down the sector.
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials +0.08%, USD 1.33m
Activity continued to impress in Harare (relatively speaking) as value traded amounted to USD 1.33m with Seedco ($465k), BAT ($223k), Econet ($144k) and Padenga ($144k) driving turnover. The market closed higher with the Industrial Index gaining +0.08%.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
10.69 |
-1.85 |
|
Nigeria |
NGN |
162.00 |
-1.05 |
|
Kenya |
KES |
88.25 |
-2.21 |
|
Mauritius |
MUR |
30.69 |
-2.09 |
|
Botswana |
BWP |
8.89 |
-1.57 |
|
Tanzania |
TZS |
1669.00 |
-4.73 |
|
Uganda |
UGX |
2600.00 |
-2.81 |
|
Rwanda |
RWF |
689.90 |
-2.02 |
|
Ghana |
GHS |
3.88 |
-38.84 |
|
BRVM |
XOF |
496.50 |
-3.30 |
|
Egypt |
EGP |
7.14 |
-2.82 |
|
Morocco |
MAD |
8.41 |
-2.60 |
|
Tunisia |
TND |
1.72 |
-4.68 |
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