Movers & Shakers: August 24, 2017


Botswana: DCI unch, USD 147k

A below average day in Gaborone with some small activity in BIHL as 684k(USD67k), Letshego 383k(USD36k) and Turnstar with 346k(USD34k) shares trading in the names and amounting to more than 92% of the market.

Kenya: NSE 20 +0.60%, USD 5.85m

Action on the Nairobi bourse today was split across a number of different counters with these names seeing some solid crosses. The major action went through in Safaricom (+1.00%, KES25.25) bearing witness to multiple crosses. Consumers saw some decent volumes with EABL closing at KES267.00 (unch). Centum went up by 0.59% to KES42.50, Bamburi +1.53% to KES199.00 and Kenya Power up 3.15% at KES11.45 all on average volumes. The rest of the market was quiet as foreign investors doing the bulk selling with 73.2% of total market turnover.

Mauritius: Semdex +0.12%, USD 1.70m

Semdex continued its upward trend closing in positive territory today. Yet again the banking heavyweights MCBG (Rs268.50) and SBMH (Rs7.86) drove proceedings accounting for 57.7% and 16.6% of turnover respectively.

Nigeria: ASI -1.30%, USD 15.1m

The market closed lower with only the Insurance and Oil & Gas sector closing up. Block trades in Guaranty dominated the action on the day, accounting for 53% of turnover. UBA numbers, which looked good, were released during the course of trading with the stock closing up 2.2%

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

Tanzania: ASI +0.21%, USD 32k

A quiet day in Dar with smalls trading in DSE which closed unchanged at TZS1420 being the only name worth mentioning.

Zimbabwe: Industrials +1.08%, USD 320k

A quiet day in Harare as the market continues to be dominated by thin trades. The most active name was Delta ($166k) on the back of 126k shares traded. The Industrial Index continued with the upsurge buoyed by gains in Delta, Hippo, OK and Seedco.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.19

4.03

Nigeria

NGN

363.99

-13.37

Kenya

KES

103.20

-0.71

Mauritius

MUR

33.17

8.35

Botswana

BWP

10.21

4.70

Tanzania

TZS

2227.05

-2.09

Uganda

UGX

3601.15

-0.11

Rwanda

RWF

844.00

-2.61

Ghana

GHS

4.45

-7.59

BRVM

XOF

559.96

12.49

Egypt

EGP

17.70

2.42

Morocco

MAD

9.43

7.40

Tunisia

TND

2.47

-5.97

contacts
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  • Nigeria +234 (1) 342 9185

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