Movers & Shakers: July 18, 2017


Botswana: Market closed

Kenya: NSE 20 +0.57%, USD 10.3m

Another fairly active day in Nairobi with the index continuing to track higher. As usual, the most active stock was Safcom which closed at KES23.00 (unchanged) for what feels like the umpteenth day in a row. There was also some fairly sizeable crossing in EqBnk as the banking group climbed by a further 1.94% to KES39.50. The rest of the counters were rather inconspicuous.

Mauritius: Semdex +0.20%, USD 1.6m

Activity was yet again mostly dominated by MCBG. The banking giant rose by 70bps to Rs279.00 (yet another all-time high) on decent trades.

Nigeria: ASI +0.41%, USD 6.0m

The most notable event today was an extremely large ($60m) off-market cross in UBA done by United Capital (spin-off of UBA). However, normal market trading had yet another subdued session. The banks closed lower today as the sector closed 32bps in the red with most stocks registering low volumes. The Consumers had a decent day as they climbed by 1.43%. However, outside of Nestle (+1.77%, N920.00) the sector was rather dead.

Please note that the index figure above is correct at the time of writing.

Zimbabwe: Industrials -0.33%, USD 1.5m

Local participants remain the most dominant on the ZSE although the index certainly feels somewhat heavy. Today we saw action in the likes of Innscor (72.25c), Delta (127.25c) and CBZ (10c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.95

6.06

Nigeria

NGN

315.00

0.10

Kenya

KES

103.92

-1.36

Mauritius

MUR

34.12

5.41

Botswana

BWP

10.17

4.59

Tanzania

TZS

2227.10

-2.06

Uganda

UGX

3600.42

-0.11

Rwanda

RWF

845.25

-2.75

Ghana

GHS

4.37

-3.09

BRVM

XOF

572.76

9.98

Egypt

EGP

17.95

1.08

Morocco

MAD

9.55

5.96

Tunisia

TND

2.46

-4.61

contacts
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  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

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