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Movers & Shakers: August 20, 2015


Botswana: Data not available at the time of writing

Kenya: NSE 20 -0.78%, USD 36.5m

A massive cross in Equity Bank at KES40.00 was the talk of the town. Its believed that this is the continuation of the Helios unbundling. Normal trading was extremely quiet with the bulk of normal trading going through in KNCB. Foreign investors were active on both sides of the coin as the name closed unchanged at KES46.50. Safcom closed marginally positive at KES15.10 on low volumes while EABL closed marginally in the red at KES299.00.

Mauritius: Semdex -0.14%, USD 1.78m

There was some decent activity today in MCBG. Most of the action went through at Rs217.00 and Rs217.25 although the name did eventually close at Rs216.50 on smalls. Outside of this name the market was rather dull.

Nigeria: ASI -0.98%, USD 26.4m

Volumes returned to Lagos although the market remains heavily block dependent. A large chunk (>$6m) crossed the very illiquid Equity Assurance - this was a strategic investor buying a stake in the company. In normal trading we saw banks close marginally in the green for the first time in what feels like forever. Blocks trades in the likes of GTB (unch, N22.00), Zenith (-1.25%, N15.80) and Access (+4.91%, N4.27) were the highlights. Consumers closed broadly unchanged although outside of Nestle (+5%, N882.00) and NB (-1bp, N122.00) the sector was quiet.

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

Zimbabwe: Industrials -0.62%, USD 239k

The question has to be asked: how much longer can the ZSE plummet lower? It was another disappointing day as the index fell lower on thin volumes.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.91

-10.44

Nigeria

NGN

199.05

-7.84

Kenya

KES

103.50

-12.46

Mauritius

MUR

35.50

-10.57

Botswana

BWP

10.18

-6.61

Tanzania

TZS

2130.00

-18.64

Uganda

UGX

3577.00

-22.53

Rwanda

RWF

754.50

-8.57

Ghana

GHS

4.15

-22.47

BRVM

XOF

591.02

-8.28

Egypt

EGP

7.83

-8.73

Morocco

MAD

9.71

-6.52

Tunisia

TND

1.94

-4.33

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

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