A solid day in Gaborone (relatively speaking) thanks to some action in Turnstar (1m shares), NAP (1m shares) and Letlole (1.1m shares).
The Kenyan bourse finally arrested its slide by gaining a solid 1% today. Once again, activity was heavily dominated by Safcom (+50bps, KES18.65) and EABL (+40bps, KES230.00) with foreign participants active on both sides of the coin. We also saw some nice crossing in KNCB (local buying, foreign selling) as the bank closed unchanged at KES24.25 while Equity Bank jumped higher by 2.0% to KES25.00.
A sub-par day on the activity front in Port Louis with Ciel driving proceedings as 1.6m shares changed hands in the name.
Yet another underwhelming day in Nigeria as foreign investors remain extremely cautious. Banks slipped by 80bps with some aggressive foreign selling in GTB (-2.46%, N23.02) the main driver. Consumers slid by a further 1.14% today although volumes in the sector were extremely low.
Please note that the index figure above is correct at the time of writing.
Some activity in Delta ($363k) saved the market from complete embarrassment on the activity front.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.27 |
3.57 |
Nigeria |
NGN |
316.00 |
-0.21 |
Kenya |
KES |
103.78 |
-1.22 |
Mauritius |
MUR |
35.60 |
1.04 |
Botswana |
BWP |
10.42 |
2.24 |
Tanzania |
TZS |
2236.00 |
-2.46 |
Uganda |
UGX |
3582.98 |
0.38 |
Rwanda |
RWF |
817.84 |
0.51 |
Ghana |
GHS |
4.39 |
-3.53 |
BRVM |
XOF |
612.56 |
2.82 |
Egypt |
EGP |
18.64 |
-2.66 |
Morocco |
MAD |
9.97 |
1.51 |
Tunisia |
TNF |
2.28 |
1.54 |