It was all about Letshego today as we saw some chunky local selling and foreign buying at 266t. Outside of this the market was dead.
Some activity today in the 2 major banking groups although both names lost ground. MCBG shed 50bps to Rs199.00 while SBMH ended the day down by 97bps at Rs1.02. There was also some action in Ciel (unch, Rs7.50).
A rather average day from a turnover point of view as total value traded amounted to $26m while the market continued to come under pressure. There was some action in the likes of NB ($6.83m), Nestle ($3.99m), GTB ($1.79m) and DangCem ($1.66m). Banks continued to fall with the Index closing -1.65% lower thanks to the likes of Access (-4.67%), UBA (-2.39%) and GTB (-1.36%). Consumers (-2.69%) took another beating thanks once again to NB (-5.00%) and Guinness (-5.00%) while there was broad based selling across the sector.
Please note that the index figure above is correct at the time of writing.
The Industrials index inched marginally lower. There was some activity in the likes of CBZ (10c), Delta (109c), Econet (63c) and Old Mutual (240c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
11.64 |
-9.88 |
Nigeria |
NGN |
180.50 |
-11.19 |
Kenya |
KES |
90.50 |
-4.64 |
Mauritius |
MUR |
31.65 |
-5.06 |
Botswana |
BWP |
9.47 |
-5.95 |
Tanzania |
TZS |
1735.51 |
-8.38 |
Uganda |
UGX |
2770.00 |
-8.77 |
Rwanda |
RWF |
701.02 |
-2.55 |
Ghana |
GHS |
3.21 |
-26.19 |
BRVM |
XOF |
529.53 |
-9.08 |
Egypt |
EGP |
7.15 |
-2.85 |
Morocco |
MAD |
8.85 |
-7.59 |
Tunisia |
TND |
1.85 |
-11.02 |