There was finally some action in Gaborone today thanks to Letlole ($912k) being the lion’s share of the market and Choppies ($170), ending the week with some decent volume.
Turnover was up 27% from the previous day, with EQBNK (30%), EABL (26%) and SAFCOM (16%) the most active names on the day. Foreign participation on the day was up to 56%.
A good way to end the week in Port Louis today seeing MCBG (-0.5%, Rs272.00) once again leading the way with a cross of 27k shares and total volume in the stock amounting to 37.9k. SBMH (-1.0%, Rs7.71) didn’t have the best days after starting the week off on a high. IBL (+3.0%, 50.17) continued to climb and ended the week on an all time high of 7.6k shares traded.
The bullish momentum finally came to a halt after a 17-day run. The banks managed to close positive with Guaranty (+0.24%) and Zenith (+0.74%) closing at 41.10 and 25.99 respectively. FBNH closed lower as it traded about 97m shares. Better than expected numbers in Nestle (+5%) helped the consumers (+1.14%) close higher.
Please note that the index figure above is correct at the time of writing.
Not a bad end to the week in Harare with volumes headlined by Delta (127.25c, $289k), Innscor (72.75c, $218k) and Econet (39.50c, $348k) the rest of the market was extremely quiet.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.01 |
5.56 |
Nigeria |
NGN |
315.00 |
0.10 |
Kenya |
KES |
103.63 |
-1.08 |
Mauritius |
MUR |
33.45 |
7.54 |
Botswana |
BWP |
10.16 |
5.13 |
Tanzania |
TZS |
2227.52 |
-2.09 |
Uganda |
UGX |
3605.75 |
-0.26 |
Rwanda |
RWF |
831.84 |
-1.18 |
Ghana |
GHS |
4.38 |
-3.31 |
BRVM |
XOF |
563.48 |
11.79 |
Egypt |
EGP |
17.88 |
1.48 |
Morocco |
MAD |
9.47 |
7.22 |
Tunisia |
TND |
2.42 |
-5.02 |