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Movers & Shakers: July 17, 2014
Botswana: DCI +0.05%, USD 315k
Activity continued to increase in Gaborone today as value traded amounted to USD 315k thanks to a cross in Choppies (380k shares) while the rest of the market was rather quiet.
Egypt: EGX 30 +0.52%, USD 71m
The Egyptian market ended the week in the positive territory. The EGX30 added 0.52% to close at 8637 points on low volumes of USD 71m. COMI (+2.37%) led the market volumes with 1.4 million shares. HRHO (+2.96%) witnessed strong institutional buying appetite to reach a high for the day of EGP15.90/share, which marks a new 52-week high, trading 1.25x the three-month average volume. PIOH (+1.33%) acquired EGX permission to raise issued capital to EGP2.8 billion. OCDI (+0.10%) sales reach EGP1.8 billion YTD compared to 1Q2014 gross sales of EGP758 million, along with a newly acquired EGP300 million loan from Commercial International Bank for paying the remaining settlement agreement with Solidere Egypt.
Kenya: NSE 20 +0.88%, USD 9.2m
It was another rather active day in Nairobi as value traded amounted to $9.2m with foreigners being net sellers. Foreigners put Safcom (-0.8%) under some pressure and accounted for 95.6% of sales as 24.87m shares traded in the telco. Foreigners also accounted for the majority of sales in EQBNK (97%) and ARM (99.9%) as 3.79m and 930k shares changed hands in the names respectively. EABL closed the day lower with the brewer falling -0.7% on 152k shares.
Mauritius: Semdex +0.32%, USD 1.95m
Almost half of today’s action took place in the normally illiquid Innodis. In normal trading MCBG gained 12bps to Rs209.25 on decent volume while SBM gained 95bps to Rs1.06 albeit on virtually no trade.
Nigeria: ASI -0.26%, USD 22.35m
It was a sub-par day in Lagos from an activity point of view as value traded amounted to $22.35m. The usual suspects FBNH ($4.03m) and Zenith ($2.57m) were fairly active while there was a large cross in the usually illliquid Nascon ($2.47m). Banks (-0.93%) came under some pressure today with GTB (-3.23%) and UBA (-1.11%) being the worst hit. Consumers (+0.02%) managed to close slightly higher thanks mostly to PZ cusson (+5.53%).
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials -0.32%, USD 1.24m
It was a much better day in Harare with some action in the likes of Zimplow ($313k), Padenga ($303k), OK Zim ($256k) and Delta ($211k) as total value traded amounted to USD 1.24m. The market continued to slide and closed the day lower with the Industrial Index falling -0.32%.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
10.67 |
-1.62 |
|
Nigeria |
NGN |
161.87 |
-0.97 |
|
Kenya |
KES |
87.78 |
-1.68 |
|
Mauritius |
MUR |
30.35 |
-0.99 |
|
Botswana |
BWP |
8.83 |
-1.18 |
|
Tanzania |
TZS |
1662.00 |
-4.33 |
|
Uganda |
UGX |
2615.00 |
-3.37 |
|
Rwanda |
RWF |
682.99 |
-0.77 |
|
Ghana |
GHS |
3.40 |
-30.29 |
|
BRVM |
XOF |
487.85 |
-1.58 |
|
Egypt |
EGP |
7.15 |
-2.84 |
|
Morocco |
MAD |
8.28 |
-1.22 |
|
Tunisia |
TND |
1.72 |
-4.62 |
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