Movers & Shakers: July 26, 2016


Botswana: DCI -0.04%, USD 458k

A better day in Gaborone thanks to a cross in Letshego as 1.9m shares changed hands in the name while the rest of the market was quiet.

Kenya: NSE 20 -0.41%, USD 5.9m

A rather dull day with foreigners pretty quiet. The only real action to note in the entire market was 1 cross in Safcom (local seller, foreign buyer) as we saw the aggressive foreign buyers push the name up 4.1% to KES18.85. The telco actually briefly touched an all-time high of KES19.20 midway through the session.

Mauritius: Semdex +0.22%, USD 780k

Things slowed down in Port Louis today with some small activity in MCBG and SBMH as 36k shares and 6.2m shares changed hands in the names respectively.

Nigeria: ASI +1.14%, USD 7.8m

Another lackluster day in Lagos although the banks (+4.94%) finally found some bullish buyers. All the tier-1 banks closed solidly in the green although outside of Zenith (+4.73%, N16.39) the sector was rather quiet. The consumers (+40bps) were also strong with NB (+1.12%, N146.54) the main stock trading. The rest of the market was quiet. After the close of the session we saw the MPC announce decisions – MPR up from 12% to 14% while the CRR and Liquidty ratios remained unchanged at 22.5% and 30% respectively.

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

Zimbabwe: Industrials unch, USD 104

Another disastrous day in Harare.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.40

7.47

Nigeria

NGN

310.50

-35.81

Kenya

KES

101.32

0.97

Mauritius

MUR

35.44

1.16

Botswana

BWP

10.80

3.70

Tanzania

TZS

2188.00

-1.77

Uganda

UGX

3380.00

-0.24

Rwanda

RWF

787.53

-5.40

Ghana

GHS

3.91

-2.69

BRVM

XOF

603.15

2.55

Egypt

EGP

8.89

-11.91

Morocco

MAD

9.86

0.76

Tunisia

TNF

2.23

-8.84

contacts
  • Kenya +254 (714) 646 406
  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

© Securities Africa Kenya Limited (Licensed by the Capital Markets Authority)

   Terms and Conditions