Slow start to the week in Gaborone as value traded amounted to USD 130k.
Another very slows session for the Egyptian market leaving the EGX30 to end the day slightly lower, down 0.12% to close at 8,305.25 points. The market continues to trade very low volumes, with a total turnover of USD 51m. The market traded the entire the day in the greens, but in the last 30 min of trading it was notably pressured lead by local and GCC institutions targeting names such as JUFO (-0.85%), ESRS (-0.83%), and GTHE (-0.74%). International institution ended the day as net buyers along with local retail investors, targeting names such as ETEL (+1.28%), COMI (+0.64%), and TMGH (+0.57%).
A quiet start to the week in Nairobi with foreign action extremely low. Foreign activity was also heavily skewed to the buy side. The bulk of today’s action took place in Equity Bank which ended the day unchanged at KES44.25. 100% of the sales in Equity Bank were local. Safcom also saw decent activity yet also closed unchanged at KES12.80, also heavily reliant on foreign buying. There was mild activity in Co-op (+60bps, KES18.20) and EABL (+40bps, KES279) while KNCB ended the day unchanged at KES49.75 on small volumes.
Decent enough start to the week in Port Louis as value traded amounted to USD 1.39m with crosses in MCBG (108k shares) driving proceedings. There was unfortunately not much on the go in SBM (1.88m shares) and NMH (31k shares).
After a soft start both the banks and consumers turned the day around and rallied into the close although this was nothing compared to Oando which just continues along its staggering rally as it gained another 10% to N33.47 on really big volumes. Banks rose by 1.09% with particular strength in Zenith (+3.78%, N24.70) while performance was actually more mixed across the sector. Consumers increased by 57bps with NB once again a leading cause of this (+2.11%, N170.02) on decent volumes. Outside of Oando, the banks and NB the market was generally quiet.
Please note that the index figure above is correct at the time of writing.
Not much on the go in Harare today as value traded amounted to USD 1.06m with Econet ($679k) and PPC ($189k) driving activity while only 10k Delta traded. The market closed the day higher with the Industrial Index gaining +0.34%.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
10.60 |
- 1.03 |
Nigeria |
NGN |
162.65 |
-.1.44 |
Kenya |
KES |
87.40 |
-.1.26 |
Mauritius |
MUR |
30.25 |
-0.66 |
Botswana |
BWP |
8.81 |
+.0.75 |
Tanzania |
TZS |
1684.00 |
-5.58 |
Uganda |
UGX |
2620.00 |
-3.55 |
Rwanda |
RWF |
680.50 |
-0.66 |
Ghana |
GHS |
3.33 |
-28.79 |
BRVM |
XOF |
485.67 |
-1.14 |
Egypt |
EGP |
7.15 |
-2.84 |
Morocco |
MAD |
8.26 |
-0.97 |
Tunisia |
TND |
1.67 |
-1.65 |