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Movers & Shakers: July 16, 2014
Botswana: DCI +0.04%, USD 176k
It was a better day in Gaborone thanks to the likes of Letlole (339k shares) and G4S (243k shares) as total value traded increased to USD 176k.
Egypt: EGX 30 -0.12%, USD 73m
With the presidential decree asking the Supreme Electoral Committee (SEC) to begin preparations for parliamentary elections, the Egyptian market traded with mixed sentiment. The EGX30 shed 0.12% to close at 8593 points on low volumes of USD 73m, yet the market started on a positive note, reaching a high of 8629. Locals (retail & institutions) ended the day as net sellers worth EGP20 million, targeting PHDC (-1.42%), which led the market in terms of volume, CCAP (-1.23%), OTMT (-0.78%), and COMI (-0.31%). EAST's (+0.01%) chairman says the recent increase in energy prices to have minor effect on total costs given low contribution of approximately 1%.
Kenya: NSE 20 -0.39%, USD 8.5m
Foreign investors accounted for more than half the market for a change. KNCB touched a 12 month high of KES 54.50 although eventually closed at KES53.50 while Equity Bank was strong yet again as it closed at KES45.25. Both banks saw a decent chunk of today’s action while Safcom was also active yet slid by 1.22% to KES12.15. EABL rose slightly to KES301.
Mauritius: Semdex +0.10%, USD 850k
Another below low average day with not much going on as value traded amounted to USD 850k with some action in MCBG (54k shares) the only name with some decent activity. Not much on the go in SBM as only 4.26m shares traded while there were no trades in NMH.
Nigeria: ASI +0.14%, USD 19.1m
A mostly dull day although activity picked up into the close. Banks closed the day broadly unchanged with most names hugging their opening prices and activity dominated by FBNH, GTB and Zenith. Consumers gained a solid 1.30% with NB (+2.66%, N176.80) leading the rally although Unilever (+1.54%, N52.80) and UACN (+1.47%, N62) were also strong. Cements saw some decent activity yet again with DangCem (-41bps, N240) and Wapco (+1.91%, N119.85) both active. The most actively traded stock was yet again Oando which fell by 4.08% to N26.57 on chunky local trading.
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials -0.02%, USD 724k
Another lack luster day in Harare as value traded amounted to USD 724k with some activity in Econet ($419k) and Delta ($131k) driving proceedings. The market closed the day lower with the Industrial Index falling -0.02%.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
10.67 |
-1.73 |
|
Nigeria |
NGN |
161.80 |
-0.93 |
|
Kenya |
KES |
87.75 |
-1.65 |
|
Mauritius |
MUR |
30.33 |
-0.92 |
|
Botswana |
BWP |
8.81 |
-1.09 |
|
Tanzania |
TZS |
1660.00 |
-4.22 |
|
Uganda |
UGX |
2630.00 |
-3.92 |
|
Rwanda |
RWF |
680.49 |
-0.66 |
|
Ghana |
GHS |
3.44 |
-30.96 |
|
BRVM |
XOF |
487.66 |
-1.54 |
|
Egypt |
EGP |
7.15 |
-2.85 |
|
Morocco |
MAD |
8.28 |
-1.24 |
|
Tunisia |
TND |
1.71 |
-4.33 |
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