Today was all about Equity Bank and Safcom with some chunky crossing in both names. EqBnk closed up 1.3% at KES39.00 with heavy foreign action on both sides of the equation while Safcom slipped by 1.1% to KES17.55 thanks to aggressive foreign selling. There was also some aggressive foreign selling in EABL which pushed the brewer down by 1.1% to KES275. The rest of the market was rather unexciting.
Some small activity in banking stocks SBMH and MCBG as 15.8m shares and 21k shares changed hands in the names respectively, while the rest of the market was rather underwhelming.
An absolutely woeful day to end a generally woeful week. The market started sluggish and stayed that way for the entire session. As expected, the lack of interest just dragged the index lower with both the banks (-93bps) and consumers (-2.93%) closing in the red. The only volume of any note today was in GTB (-26bps, N23.20).
Please note that the index figure above is correct at the time of writing.
A dull day to end a rather uneventful week in Harare with Old Mutual ($266k) the only name worth mentioning.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
14.53 |
6.54 |
Nigeria |
NGN |
280.35 |
-28.91 |
Kenya |
KES |
101.10 |
1.19 |
Mauritius |
MUR |
35.55 |
0.84 |
Botswana |
BWP |
10.74 |
3.82 |
Tanzania |
TZS |
2201.30 |
-2.36 |
Uganda |
UGX |
3395.00 |
-0.68 |
Rwanda |
RWF |
800.00 |
-6.88 |
Ghana |
GHS |
3.95 |
-3.67 |
BRVM |
XOF |
596.61 |
3.74 |
Egypt |
EGP |
8.87 |
-11.78 |
Morocco |
MAD |
9.77 |
1.73 |
Tunisia |
TNF |
2.20 |
-7.39 |