Nothing much to report back on from Gaborone.
Once again a strong foreign buyer came to buy Safcom. This was the main driver of the market although the telco did eventually close unchanged at KES21.25. There was also some mild activity in the banks – KNCB gained 80bps to KES32.75 while EqBnk slipped to KES 36.00 (-70bps). The major news though came out after the market closed – President Kenyatta signed the Banking Amendment Bill which is set to cap interest rates at CBR+4%.
Some action in Port Louis today. The main action took place in MCBG (+10bps, Rs208.00).
Another mostly dull day. Banks (+16bps) and Consumers (+11bps) both closed marginally higher. The action was headed by the usual suspects. Amongst the banks we saw some decent activity in GTB (+1.39%, N26.26) and Zenith (-1.08%, N15.59). There was also some crossing in NB (+1.01%, N141.75).
Please note that the index figure above is correct at the time of writing.
A better day in Harare, but still nothing to write home about with some activity in NatFoods ($209k) the only name worth mentioning.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
14.09 |
9.86 |
Nigeria |
NGN |
342.00 |
-41.73 |
Kenya |
KES |
101.35 |
0.84 |
Mauritius |
MUR |
35.23 |
1.76 |
Botswana |
BWP |
10.61 |
5.72 |
Tanzania |
TZS |
2190.70 |
-1.89 |
Uganda |
UGX |
3375.00 |
-0.09 |
Rwanda |
RWF |
799.12 |
-6.77 |
Ghana |
GHS |
3.97 |
-4.16 |
BRVM |
XOF |
590.22 |
4.77 |
Egypt |
EGP |
8.88 |
-11.84 |
Morocco |
MAD |
9.70 |
2.39 |
Tunisia |
TNF |
2.20 |
-6.94 |