Some trading in Letshego (214t) and Stanchart (320t) the major highlights today.
A rather uninspiring day in Nairobi with nothing overly exciting to write home about. As usual, leading the way in terms of activity was Safcom which shed 1.09% to KES22.75. There was also some decent activity in EABL (+82bps, KES247.00) while the rest of the market was non-existent.
A chunky cross in the normally illiquid CIM (Rs9.32) was the main focal point today. The rest of the market was dull.
The market remains sluggish as it struggles to break free from the US holidays. Both Banks (-34bps) and Consumers (-89bps) had somewhat soft days. Among the banks the bulk of the action took place in Zenith Bank (unch, N20.20) while the most active consumers stock was Nestle (+6bps, N901.50). There was also some crossing in Dangcem (+1bp, N202.01).
Please note that the index figure above is correct at the time of writing.
Yet again the local market dominates trading on the ZSE. There was some decent action in Econet (35.94c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.40 |
2.54 |
Nigeria |
NGN |
324.50 |
-2.83 |
Kenya |
KES |
103.79 |
-1.23 |
Mauritius |
MUR |
34.51 |
4.22 |
Botswana |
BWP |
10.37 |
-2.92 |
Tanzania |
TZS |
2226.65 |
-2.05 |
Uganda |
UGX |
3599.00 |
-0.07 |
Rwanda |
RWF |
840.50 |
-2.20 |
Ghana |
GHS |
4.40 |
-3.75 |
BRVM |
XOF |
581.39 |
8.35 |
Egypt |
EGP |
17.87 |
1.47 |
Morocco |
MAD |
9.70 |
4.30 |
Tunisia |
TND |
2.47 |
-6.41 |