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Movers & Shakers: July 08, 2014
Botswana: DCI unch, USD 67k
Nothing to report from Gaborone as value traded amounted to a dire 67k.
Egypt: EGX 30 +1.41%, USD 103m
The EGX30 gained 1.41% to close at 8428 points on improved volumes of USD 103m. Institutional investors showed strong market support, mainly foreigners, ending as buyers worth EGP97 million. Strong buying appetite was witnessed in the real estate sector as TMGH rallied 5.04% on twice the three-month average volume. PHDC was up 1.21%, OCDI 3.69%, and HELI 4.11%. EAST gained 1.23% following a presidential decree to increase the fixed tax rate on cigarettes from EGP1.25/pack by EGP0.50-EGP1.50/pack. COMI added 0.67%, trading 1 million shares.
Kenya: NSE 20 +0.15%, USD 17.9m
Activity continued to increase in Nairobi with value traded amounting to $17.9m as foreigners accounted for 70% of turnover. Safcom was the day's most active counter as the telco accounted for 55.4% of total turnover (67.81m shares) with the name closing flat at KES 12.75. A number of banks managed to close higher ahead of H1 2014 results due to be released anytime as EQBNK and CFC Stanbic gained +0.6% and +3.2% respectively. EABL was also rather active and managed to gain +0.3% on the back of foreign purchases (91.7%) as 801k shares traded in the brewer.
Mauritius: Semdex -0.36%, USD 1.84m
It was a much better day in Port Louis as value traded amounted to USD 1.84m thanks to crosses in Innodis (400k shares) and MCBG (79k shares). There was some activity in SBM as well as 7.32m shares traded.
Nigeria: ASI +0.24%, USD 31.7m
Another day highlighted by crosses in a few select names with FBNH ($6.04m), DangCem ($5.17m, Zenith ($4.16m) and Glaxo ($1.95m) being amongst the most active names as total value traded amounted to $31.7m. Banks closed marginally lower with the Index falling -0.01% as UBA (-1.27%) weighed on the sector. Consumers (+0.02%) were slightly stronger with good performances from Dangote Sugar (+1.88%) and Nestle (+1.02%). DangCem managed to close +0.82% higher after being down as much as -5.0% early in the session.
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials +0.41%, USD 2.12m
There was finally some decent activity in Harare today as value traded increased to USD 2.12m thanks to crosses in the likes of OK Zim ($1.27m) and Delta ($564k) while only 84k Econet traded. The market closed the day higher with the Industrial Index gaining +0.41%.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
10.69 |
-1.80 |
|
Nigeria |
NGN |
160.28 |
+0.02 |
|
Kenya |
KES |
87.81 |
-1.72 |
|
Mauritius |
MUR |
30.25 |
-0.66 |
|
Botswana |
BWP |
8.83 |
-1.01 |
|
Tanzania |
TZS |
1665.00 |
-4.50 |
|
Uganda |
UGX |
2645.00 |
-4.46 |
|
Rwanda |
RWF |
680.50 |
-0.60 |
|
Ghana |
GHS |
3.34 |
-28.90 |
|
BRVM |
XOF |
484.86 |
-0.97 |
|
Egypt |
EGP |
7.15 |
-2.84 |
|
Morocco |
MAD |
8.24 |
-0.60 |
|
Tunisia |
TND |
1.69 |
-2.72 |
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