Movers & Shakers: February 25, 2015


Botswana: DCI +0.01%, USD 78k

The market was completely dead.

Kenya: NSE 20 +0.23%, USD 13.2m

A much better day in Nairobi as foreigners dominated proceedings with turnover amounting to $13.2m. Foreign demand drove Safcom +1.3% higher as 33.85m shares traded in the telco thanks to a few crosses. Foreigners dominated both sides of EQBNK as the name managed to gain +1.8% on 3.26m shares while KNCB losed unchanged on 2.33m shares. Foreigners dominated proceedings in the usually illiquid KenolKobil as 7.2m shares traded.

Mauritius: Semdex +0.09%, USD 1.91m

Indices continue to close in the green, as MCBG, Terra and SBM account 82.1% of total market turnover. MCBG closed 0.2% up at Rs206.50 on the back of 180k shares traded. MCBGs banking counterpart SBM closed at Rs1.00 after trading 4.1m shares at those levels while Terra closed up by 3.3% at Rs31.50.

Nigeria: ASI +0.17%, USD 22.3m

Some late crossing lit up a generally quiet day in Nigeria. The banks had yet another strong day as they gained 1.20% as most names closed in the green. The exception was UBA which fell by 2.4% to N3.66 while there were solid gains for GTB (+2.2%, N23.20), FBNH (+2.5%, N7.80) and ETI (+1.85%, N16.50). Consumers fell by a modest 30bps although outside of UACN (+5%, N38.84) the sector was extremely dull.

Please note that the index figure above is correct at the time of writing.

Zimbabwe: Industrials -0.02%, USD 764k

A quiet day as thin trades in Delta, Ok Zim and TSL steered proceedings. Delta exchanged 116k shares to close at 116c. OK Zim ($302K) accounted the bulk of turnover, closing the day off at 14c on the back of 2.1m shares traded, while TSL closed flat at 25c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.48

+0.77

Nigeria

NGN

201.28

-8.86

Kenya

KES

91.49

-0.97

Mauritius

MUR

33.25

-4.51

Botswana

BWP

9.57

-0.78

Tanzania

TZS

1820.00

-4.78

Uganda

UGX

2880.00

-3.78

Rwanda

RWF

695.20

-0.78

Ghana

GHS

3.46

-7.14

BRVM

XOF

581.75

-6.70

Egypt

EGP

7.57

-5.63

Morocco

MAD

9.53

-4.83

Tunisia

TND

1.93

-3.57

contacts
  • Kenya +254 (714) 646 406
  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

© Securities Africa Kenya Limited (Licensed by the Capital Markets Authority)

   Terms and Conditions