Movers & Shakers: January 26, 2015


Botswana: DCI -0.19%, USD 17k

The market continues to see lackluster volumes.

Kenya: NSE 20 -0.15%, USD 4.7m

Another average start to the week from an activity point of view with turnover amounting to $4.7m as locals continue to dominate. Foreign selling pressure continues to drive Safcom lower as the telco fell -1.1% on 10.8m shares. Local selling pressure drove EQBNK -1.8% lower as foreigners drove demand in the name. A foreign cross in EABL boosted activity in the brewer as 169k shares traded. A local cross in the usually illiquid NIC Bank drove turnover in the name as 725k shares traded.

Mauritius: Semdex +0.20%, USD 840k

Trades in Rogers, SBM and MCBG carried the day. Rogers gained 4.2% to close at Rs29.70 on the back of 73.4k shares traded. SBM traded 2.6m shares to close at Rs1.01 (+1%), while its banking counterpart MCBG traded a total of 9,901 shares to close steady at Rs198. Lotto ended the session as the biggest loser, closing -1.5% (Rs10) down.

Nigeria: ASI -0.11%, USD 20.2m

It was a sub-par start to the week in Lagos as turnover amounted to $20.2m with a few crosses in GTB $ (7.67m), Flour Mills ($3.67m), Oando ($1.26m) and DangCem ($1.19m) driving proceedings. Banks closed the day slightly lower with the sector falling -0.19% thanks Zenith (-2.29%) and UBA (-0.56%). Consumers (+0.02%) were bascially flat with Dangote Sugar (+1.45%) the best perfromer. Market heavyweight DangCem closed the day -0.64% lower.

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

Zimbabwe: Industrials -0.16%, USD 721k

The market opened the week on a quiet note, as turnover was sluggish. Delta, Econet and Innscor were the only counters to make a significant contribution today. Delta traded 191,790 shares to close unchanged at 111c, while Econet and Innscor traded 31,638 and 458,624 shares, closing flat at 54c and 60c respectively.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.46

+0.88

Nigeria

NGN

191.25

-4.08

Kenya

KES

91.65

-1.15

Mauritius

MUR

32.90

-3.50

Botswana

BWP

9.61

-1.33

Tanzania

TZS

1789.25

-3.14

Uganda

UGX

2859.20

-3.08

Rwanda

RWF

690.50

-0.10

Ghana

GHS

3.33

-3.50

BRVM

XOF

585.81

-7.46

Egypt

EGP

7.43

-3.85

Morocco

MAD

9.61

-5.54

Tunisia

TND

1.94

-4.01

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

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