Outside of some action in FNBB (382t) the market was extremely quiet.
Foreign buying drove the market higher today with Safcom (+60bps, KES16.25) the main driver behind this. We also saw some nice trading in KNCB although the bank shed 60bps to KES40.25. There was 1 cross in CFCB at KES85.00 (+2.4%, foreign buyer, local seller) while NMG (foreign buying, local selling) also saw some trades. The other large caps were extremely quiet.
Nothing really exciting to report from Port Louis. The biggest action as usual took place in MCBG which gained 70bps to close at Rs210.00.
The market ambled along with no direction and in thin volumes unlike a large cross in Forte Oil (both sides local - almost half the daily turnover) went through right before the close. In normal trading we saw the banks close down 24bps although outside of GTB (+2.15%, N18.99) the sector was dull. Consumers gained 34bps with only NB (+2.31%, N119.00) seeing any action.
Please note that the index figure above is correct at the time of writing.
After a decent week of activity the bourse resumed its old familiar trading pattern i.e. weak sentiment on thin volumes. Nothing of interest took place today.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
15.84 |
-26.99 |
Nigeria |
NGN |
199.00 |
-7.81 |
Kenya |
KES |
102.03 |
-11.20 |
Mauritius |
MUR |
36.13 |
-12.12 |
Botswana |
BWP |
11.29 |
-15.89 |
Tanzania |
TZS |
2,162.10 |
-19.85 |
Uganda |
UGX |
3,430.00 |
-19.21 |
Rwanda |
RWF |
764.50 |
-9.77 |
Ghana |
GHS |
3.81 |
-15.66 |
BRVM |
XOF |
608.80 |
-10.96 |
Egypt |
EGP |
7.82 |
-8.61 |
Morocco |
MAD |
9.85 |
-7.85 |
Tunisia |
TND |
2.01 |
-7.56 |