Movers & Shakers: March 16, 2015


Botswana: DCI +0.05%, USD 52k

Nothing to report from Gaborone as turnover amounted to $52k.

Kenya: NSE 20 -0.15%, USD 5.7m

Activity continued to fall with turnover amounting to $5.7m as foreigners dominated proceedings (62.8%). Safcom (-0.9%) came under some pressure on the back of foreign selling as 11.98m shares traded in the telco. The banking heavyweights ended mixed as EQBNK fell -1.0% on foreign selling while KNCB gained +0.8% on foreign buying. Locals dominated proceedings in the usually illiquid Diamond Trust Bank as 123k shares traded.

Mauritius: Semdex -0.32%, USD 740k

A slow start to the week in Port Louis as turnover fell to $740k with some activity in CIEL (585k shares), NMH (59k shares) and SUN (88k shares) while market heavyweights MCBG and SBMH were very quiet.

Nigeria: ASI -2.57%, USD 9.1m

An exceptionally dull start to the week in Lagos as turnver amounted to a dire $9.1m with a small bit of activity in GTB ($1.44m) and Access ($984k) the only names worth mentioning. Banks came under pressure with the sector falling -4.78% as things were exaggerated by Zenith (-8.74%) which was marked down for a dividened. There was however also some weakness in ETI (-4.95%), UBA (-4.84%) and GTB (-4.00%). Consumers (-2.23%) were also very weak thanks to NB (-5.00%) and Dangote Sugar (-4.92%).

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

Zimbabwe: Industrials -0.70%, USD 53k

An absolutely dire start to the week with turnover amounting to a paltry $53k.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.41

-6.76

Nigeria

NGN

199.12

-7.87

Kenya

KES

92.13

-1.72

Mauritius

MUR

36.27

-12.46

Botswana

BWP

10.09

-5.66

Tanzania

TZS

1853.13

-6.48

Uganda

UGX

2925.00

-5.26

Rwanda

RWF

700.00

-1.46

Ghana

GHS

3.65

-11.97

BRVM

XOF

621.54

-12.80

Egypt

EGP

7.53

-5.01

Morocco

MAD

10.06

-9.82

Tunisia

TND

1.96

-5.09

contacts
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