A dull day with nothing to report.
A quiet end to the week in Kenya. Safcom (68%) yet again dominated the market activity although after a torrid few days the telco finally caught a bid and closed up 5.62% at KES16.90. The banks saw some mild action and were both positive with Equity Bank gaining 1.89% to KES27.00 while KNCB gained 3.51% to KES29.50.
It was an average day on the activity front in Port Louis with some small activity in NMH, Ciel and MCBG, but nothing worth writing home about. February monthly tourist arrivals increased 4.3% y/y to 105,049.
Zenith Bank yet again accounted for the lion’s share (>55%) of total market turnover with local buying clearly evident. Most banking stocks were little changed on the day as the sector fell by a mere 49bps. However, outside of Zenith (+89bps, N14.78) the sector was rather dull. Consumers gained 61bps but there wasn’t much excitement to write home about.
Please note that the index figure above is correct at the time of writing.
A slow day to end the week in Harare with some activity in the local Econet Rights ($216k) the only name worth mentioning.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.19 |
4.28 |
Nigeria |
NGN |
314.70 |
0.20 |
Kenya |
KES |
102.60 |
-0.09 |
Mauritius |
MUR |
35.25 |
2.06 |
Botswana |
BWP |
10.47 |
1.60 |
Tanzania |
TZS |
2234.00 |
-2.37 |
Uganda |
UGX |
3597.46 |
-0.03 |
Rwanda |
RWF |
825.00 |
-0.36 |
Ghana |
GHS |
4.59 |
-7.73 |
BRVM |
XOF |
622.10 |
1.26 |
Egypt |
EGP |
17.60 |
3.05 |
Morocco |
MAD |
10.06 |
0.69 |
Tunisia |
TNF |
2.29 |
0.97 |