A massive day in Gaborone thanks to a large local-local cross in Wilderness. Normal trading was subdued.
The Kenyan bourse continues to get pummeled after Wednesday’s shock announcement. As expected, the major banks (EqBnk and KNCB) opened at limit down and were net offered in massive size. Both names closed limit down on really tiny volumes as no buyers were tempted to come and play. The contagion does continue though as both Safcom (-1.8%, KES19.65) and EABL (-1.5%m KES265.00) also closed lower.
Nothing much to report on except that MCBG was once again the most active stock (unch, Rs207.75).
Some crossing once again brightened up yet another dull day in Nigeria. The banks closed marginally lower although outside of GTB (+15bps, N26.29) the sector was quiet. In the consumers we saw decent action in NB (-43bps, N140.05) and Dangote Sugar (+15bps, N6.51).
Please note that the index figure above is correct at the time of writing.
Nothing to report (yet again) from Harare as interest continues to wane. In other news, data out of Zimbabwe shows that foreign inflows into the country as at their lowest levels since dollarization.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
14.05 |
10.07 |
Nigeria |
NGN |
315.25 |
-36.78 |
Kenya |
KES |
101.42 |
0.87 |
Mauritius |
MUR |
35.03 |
2.34 |
Botswana |
BWP |
10.58 |
-5.67 |
Tanzania |
TZS |
2186.00 |
-1.68 |
Uganda |
UGX |
3375.00 |
0.09 |
Rwanda |
RWF |
800.08 |
-6.89 |
Ghana |
GHS |
3.96 |
-3.79 |
BRVM |
XOF |
589.05 |
5.00 |
Egypt |
EGP |
8.88 |
-11.86 |
Morocco |
MAD |
9.68 |
2.55 |
Tunisia |
TNF |
2.19 |
-7.01 |