Nothing to report from Gaborone.
A very impressive day to end the week in Nairobi on the activity front, but this should however be taken with a pinch of salt as Safcom (unch) accounted for 59% of total turnover. There was also some decent action in KNCB ($1.6m) as foreign buyers dominated purchases in the name. Unfortunately it was slow going in market heavyweights EABL and EQBNK.
A slightly better day in terms of activity in Lagos thanks to some action in Guinness ($1.8m), Zenith ($1.3m) and Nestle ($1m). Banking stocks closed the final session of the week lower with the sector falling -1.05% thanks to losses in GTB (-2.43%) and Zenith (-0.47%). Consumers (-1.86%) also took some strain with losses in NB (-2.98%) and Nestle (-1.04%). We are hearing that the Naira has made some gains in the parallel market and is trading between N480-N500 to the USD.
Please note that the index figure above is correct at the time of writing.
Some activity in CBZ ($452k), Econet ($140k) and Delta ($119k) helped spur proceedings on a better day on the activity front in Harare.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
12.97 |
6.03 |
Nigeria |
NGN |
314.75 |
0.18 |
Kenya |
KES |
103.40 |
-0.86 |
Mauritius |
MUR |
35.50 |
1.32 |
Botswana |
BWP |
10.31 |
3.31 |
Tanzania |
TZS |
2235.00 |
-2.42 |
Uganda |
UGX |
3585.13 |
0.32 |
Rwanda |
RWF |
819.65 |
0.29 |
Ghana |
GHS |
4.63 |
-8.53 |
BRVM |
XOF |
621.92 |
1.29 |
Egypt |
EGP |
15.86 |
14.37 |
Morocco |
MAD |
10.07 |
0.51 |
Tunisia |
TNF |
2.29 |
1.17 |