Market
Commentary
- African Footprint
- Movers & Shakers
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- Apr 2017
- Mar 2017
- Feb 2017
- Jan 2017
- Dec 2016
- Nov 2016
- Oct 2016
- Sep 2016
- Aug 2016
- Jul 2016
- Jun 2016
- May 2016
- Apr 2016
- Mar 2016
- Feb 2016
- Jan 2016
- Dec 2015
- Nov 2015
- Oct 2015
- Sep 2015
- Aug 2015
- Jul 2015
- Jun 2015
- May 2015
- Apr 2015
- Mar 2015
- Feb 2015
- Jan 2015
- Dec 2014
- Nov 2014
- Oct 2014
- Sep 2014
- Aug 2014
- Jul 2014
- Jun 2014
- June 30, 2014
- June 27, 2014
- June 26, 2014
- June 25, 2014
- June 24, 2014
- June 23, 2014
- June 20, 2014
- June 19, 2014
- June 18, 2014
- June 17, 2014
- June 16, 2014
- June 13, 2014
- June 12, 2014
- June 11, 2014
- June 10, 2014
- June 09, 2014
- June 06, 2014
- June 05, 2014
- June 04, 2014
- June 03, 2014
- June 02, 2014
- May 2014
- Apr 2014
- Mar 2014
- Feb 2014
- Jan 2014
- Movers & Shakers Archive
- Fixed Income
- Research and Publications
Movers & Shakers: June 26, 2014
Botswana: : DCI -0.03%, USD 348k
Not much on the go in Gabarone with value traded amounting to USD 348k with some mild activity in Barclays (500k shares).
Egypt: EGX 30 +0.15%, USD 79m
A weak session ended the week in Egypt today as the market lacked a catalyst, leaving the EGX30 up 0.15% to close at 8,093.75 points trading low volumes of USD 79m. PHD (+0.25%) plans to invest EGP1 billion in projects this year, and is in final negotiations with AAIB to secure a EGP2.4 billion loan, which is expected to be sealed by the third week of July, announced the Co-CEO. CCAP (+1.35%) sold Sphinx Glass at a total value of USD114.2 million. Local institutions ended the day as net sellers worth EGP69.9 million, with COMI (-0.79%), GTHE (-0.78%), TMGH (-0.71%), and ETEL (-0.68%) all down. High-beta names ended the day on a positive note, with OTMT (+0.85%), AMER (+1.57%), PIOH (+0.74%), and ACGC (+1.82%) riding.
Kenya: NSE 20 +0.22%, USD 10.3m
Local investors continue to be more dominant in Kenya. A large cross in BATK (both sides local) took place on the open as the name rose by 4.8% to KES679. Safcom was the main player today though and shed another 1.20% to KES12.40. The banks were much quieter with Equity Bank rising by another 60bps to KES45.00.
Mauritius: Semdex +0.03%, USD 1.4m
Activity slowed down in Port Louis today as value traded amounted to USD 1.4m with SBM (23.25m shares) accounting for over 50% of turnover. Things were quiet in MCBG and NMH as 23k shares and 13k shares traded in the names respectively.
Nigeria: ASI -0.61%, USD 21.1m
A very dull day in Lagos with local action in Oando and Transcor the main focus today. Oando lost 9.71% to N27.43 on big volumes as profit takers continue to aggressively sell the stock. Transcor was also very active and shed 9.5% to N4.73. In normal trading the banks lost a little bit of ground although most names were slightly soft. Focus remains on the Tier 1 names. Consumers gained marginally with Guinness (+5%, N189.21) leading the way. Nestle saw reasonable activity (unch, N1050).
Please note that the index figure above is correct at the time of writing.
Zimbabwe: Industrials -0.76%, USD 439k
Another dull day in Harare with value traded amounting to USD 439k with Innscor ($274k) the most active name.
African Currencies
|
Country |
Notation |
Currency |
YTD % |
|
South Africa |
ZAR |
10.66 |
-1.60 |
|
Nigeria |
NGN |
162.80 |
-1.54 |
|
Kenya |
KES |
87.70 |
-1.60 |
|
Mauritius |
MUR |
30.30 |
-0.83 |
|
Botswana |
BWP |
8.83 |
-1.01 |
|
Tanzania |
TZS |
1660.00 |
-4.22 |
|
Uganda |
UGX |
2600.00 |
-2.81 |
|
Rwanda |
RWF |
683.51 |
-1.10 |
|
Ghana |
GHS |
3.36 |
-29.32 |
|
BRVM |
XOF |
482.76 |
-0.54 |
|
Egypt |
EGP |
7.15 |
-2.85 |
|
Morocco |
MAD |
8.25 |
-0.90 |
|
Tunisia |
TND |
1.68 |
-2.45 |
- Kenya +254 (714) 646 406
- South Africa +27 (11) 243 9030
- Nigeria +234 (1) 342 9185
