Movers & Shakers: March 13, 2017


Botswana: DCI +0.10% USD 20k

Nothing to report from Gaborone.

Kenya: NSE 20 +0.25%, USD 12.5m

An impressive start to the week on the activity front in Nairobi thanks to some chunky crossing action in Safcom ($8.5m) as foreigners dominated both sides of the name. The telco's (+2.7%) latest rally continued today after investors shrugged concerns with regards to the governments comments about MPESA. There was also some decent activity in KNCB ($1.1m) as the bank continued to gain after posting FY 2016 results last week, closing the day +1.7% higher. EABL ($1.1m) finally sprung to life thanks to foreign participation. EQBNK (+7.4%) had a very strong day, on tiny volume though.

Mauritius: Semdex +0.01%, USD 620k

A rather dull start to the week in Mauritius. The main action didn’t happen in MCBG for a change with NMH (unch, Rs21.00) dominating volumes today.

Nigeria: ASI -0.40%, USD 2.1m

A completely woeful start to the week in Lagos with not a single name breaking the $1m turnover mark. Banking stocks closed the day -1.02% with Zenith (-10.01%) being the major drag on the sector after going ex-div today. Consumers closed +0.14% higher on tiny volume.

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

Zimbabwe: Industrials +0.05%, USD 351k

Another day of nothingness in Harare. The most excitement was in EcoLaf (2.25c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.14

4.58

Nigeria

NGN

314.56

0.24

Kenya

KES

102.65

-0.14

Mauritius

MUR

35.63

0.97

Botswana

BWP

10.42

2.46

Tanzania

TZS

2230.62

-2.22

Uganda

UGX

3598.54

-0.06

Rwanda

RWF

825.50

-0.42

Ghana

GHS

4.58

-7.53

BRVM

XOF

621.21

1.40

Egypt

EGP

18.03

0.63

Morocco

MAD

10.05

0.78

Tunisia

TNF

2.28

1.46

contacts
  • Kenya +254 (714) 646 406
  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

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