Movers & Shakers: July 30, 2015


Botswana: DCI +0.88%, USD 2.9m

A much better day in Gaborone in terms of activity as value traded amounted to $2.9m thanks to a cross in Letshego as 7.8m shares traded in the counter while the rest of the market was rather quiet.

Kenya: NSE 20 -0.99%, USD 3.6m

An incredibly quiet day in Nairobi. The major action took place in KNCB (over 70% of total turnover) after the banking giant announced 2015 H1 results. Despite a solid rise in profits the bank still shed 1.9% to KES50.50. Outside of this name there was nothing of note to write home about although EABL closed down 1.4% (albeit on small volumes) ahead of tomorrow’s results announcement.

Mauritius: Semdex +0.11%, USD 830k

A dull day in Port Louis as turnover amounted to $830k with a small bit of activity in MCBG (31k shares) and SBMH (3.7m shares) while NMH remains rather quiet as 57k shares traded in the hotelier.

Nigeria: ASI -0.25%, USD 21.1m

Another day that felt remarkably like Groundhog Day. The ASI (-25bps) continues to fall while activity remains muted with just the odd cross. Today the main crossing was in NB ($13m). Banks fell by a further 75bps for the day with the only real volume going through in GTB (-1.65%, N23.80). The consumers closed down 35bps with chunky activity in NB (-82bps, N121.00) and Nestle (unch, N850.02). H1 results season continues in full swing and today we saw releases in the likes of Skye Bank, Nestle, 7UP, Ashaka Cement and ETI.

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

Zimbabwe: Industrials +0.40%, USD 1.12m

Another solid enough day in Harare as turnover amounted to $1.12m thanks to some action in Delta ($799k) and Innscor ($203k) while the market finally managed to close higher with the Industrial Index gaining +0.40%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.72

-9.10

Nigeria

NGN

199.00

-7.81

Kenya

KES

102.28

-11.42

Mauritius

MUR

35.42

-10.38

Botswana

BWP

10.13

-6.04

Tanzania

TZS

2113.00

-17.98

Uganda

UGX

3410.00

-18.74

Rwanda

RWF

752.25

-8.30

Ghana

GHS

3.72

-13.59

BRVM

XOF

604.75

-10.36

Egypt

EGP

7.82

-8.60

Morocco

MAD

9.85

-7.87

Tunisia

TND

1.97

-5.73

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

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