Some activity in BTCL, Turnstar and Choppies got the week off to a decent start, relatively speaking.
Activity failed to impress in Nairobi with Safcom (-0.3%) the only name worth mentioning as 9.6m shares changed hands in the telco with foreigners dominating both sides. The two major banking stocks closed the day lower with KNCB falling -2.0% while EQBNK fell -0.92%. EABL managed to close +0.9% higher.
A decent day of action in Port Louis mostly thanks to local participation in the likes of MCBG (unch, Rs227.00), SBMH (+30bps, Rs7.04) and Alteo (-3.1%, Rs31.00). In economic news, the Bank of Mauritius’ Monetary Policy Committee kept the Key Repo Rate unchanged at 4.00%.
A painfully slow start to the week in Lagos with not a single name breaing the $1m mark. The two major sectos closed the day mixed with Consumers closing +2.16% higher while Banks fell -0.20%, both on tiny volumes. Unfortunately with volumes so low, there is nothing noteworthy to report on.
Please note that the index figure above is correct at the time of writing.
The ZSE continues to drift lower on the back of low volumes and a general lack of interest, particularly from foreign participants. The only action today went through in Delta (80c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.06 |
5.21 |
Nigeria |
NGN |
315.50 |
-0.05 |
Kenya |
KES |
103.55 |
-1.00 |
Mauritius |
MUR |
35.47 |
1.41 |
Botswana |
BWP |
10.42 |
2.56 |
Tanzania |
TZS |
2234.75 |
-2.41 |
Uganda |
UGX |
3588.21 |
0.23 |
Rwanda |
RWF |
819.00 |
0.37 |
Ghana |
GHS |
4.53 |
-6.51 |
BRVM |
XOF |
621.38 |
1.38 |
Egypt |
EGP |
15.81 |
14.78 |
Morocco |
MAD |
10.07 |
0.60 |
Tunisia |
TNF |
2.29 |
1.22 |