An absolutely dire start to the week in Nairobi with turnover amounting to a paltry $2.0m. There was some small activity in KNCB (2m shares) and Safcom (4.7m shares) the only names worth mentioning while the rest of the market was extremely quiet.
A very slow start to the second month of the year in Lagos with some activity in Zenith ($1.4m), UBA ($1.3m) and GTB ($1.3m) the only names to break the $1m mark. Banks had another good day with the sector gaining +2.10% thanks to strong moves in Zenith (+8.56%) and FBNH (+2.04%). Consumers (-0.74%) closed the day lower with losses in 7UP (-5.00%) and Guinness (-3.72%). There was an off-market cross of 30m DangCEm @ N120.00.
Please note that the index figure above is correct at the time of writing.
The index continues to fall as another 29bps dropped off the market cap. Volumes also remain quiet.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
16.06 |
-3.71 |
Nigeria |
NGN |
199.05 |
+0.13 |
Kenya |
KES |
102.33 |
+0.10 |
Mauritius |
MUR |
36.08 |
-0.64 |
Botswana |
BWP |
11.45 |
-2.05 |
Tanzania |
TZS |
2,185.00 |
-1.63 |
Uganda |
UGX |
3,479.00 |
-3.08 |
Rwanda |
RWF |
746.49 |
-0.20 |
Ghana |
GHS |
4.05 |
-6.05 |
BRVM |
XOF |
615.05 |
+0.55 |
Egypt |
EGP |
7.82 |
+0.04 |
Morocco |
MAD |
9.89 |
+0.41 |
Tunisia |
TND |
2.04 |
-0.03 |