Absolutely nothing to report on.
There were a couple of early crosses after which the market really quietened out. Foreign investors remain skewed to the buy side while local investors generally not involved. Safcom had a fun ride with numerous crosses although the telco eventually closed unchanged at KES17.00. EABL gained 1.8% to KES282 on aggressive foreign buying while Barclays Bank gained 2.1% to KES12.40 despite very strong foreign selling. The banks were quiet and soft with Equity Bank closing at KES42.50 (-60bps) and KNCB closing down 1.2% at KES41.25.
A dull start to the week in Nigeria as foreigners content to remain on the sidelines. The index did rise slightly thanks to the banks (+52bps). Activity in the banks was again dominated by Zenith (+16bps, N12.19) and GTB (unch, N15.99). Consumers ended the day largely unchanged although outside of NB (unch, N98.00) the sector saw virtually no action at all.
Please note that the index figure above is correct at the time of writing.
Another slow start to the week in Harare with some small activity in Delta ($331k) while the rest of the market was dead quiet.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
15.39 |
0.61 |
Nigeria |
NGN |
199.00 |
0.15 |
Kenya |
KES |
101.41 |
0.89 |
Mauritius |
MUR |
35.78 |
0.20 |
Botswana |
BWP |
11.16 |
0.56 |
Tanzania |
TZS |
2188.00 |
-1.77 |
Uganda |
UGX |
3370.00 |
0.06 |
Rwanda |
RWF |
766.57 |
-2.81 |
Ghana |
GHS |
3.86 |
-1.42 |
BRVM |
XOF |
608.63 |
1.59 |
Egypt |
EGP |
7.83 |
-0.03 |
Morocco |
MAD |
9.86 |
0.88 |
Tunisia |
TNF |
2.04 |
-0.05 |