Movers & Shakers: March 23, 2016


Botswana: DCI -0.06%, USD 961k

Some activity in Turnstar and FNBB drove proceedings today as 1.7m shares and 334k shares changed hands in the names respectively.

Kenya: NSE 20 +0.88%, USD 4.9m

It was a dull affair in Nairobi today with activity pretty evenly split betwen locals and foreigners. Foreign demand in EQBNK drove the name +1.2% higher as 3.1m shares changed hands. Banking counterpart KNCB closed the day unchanged as locals completely dominated purchases with 2.8m shares traded. Not much on the go in Safcom as the telco gained +0.6% on 5.3m shares.

Mauritius: Semdex -0.03%, USD 700k

Some activity in MCBG once again the only name worth mentioning as 62k shares changed hands in the counter while the rest of the market was dead quiet.

Nigeria: -1.09%, USD 13.2m

DangCem ($2.6m) was the driver behind today's activity thanks to some chunky crossing action while the heavyweight also weighed the market down and closed -2.38% lower. There was also some decent activity in Seplat ($2.1m), Zenith ($1.7m) and GTB ($1.3m). Banking stocks continue to struggle as the sector closed -1.09% lower thanks to FBNH (-5.14%) and Zenith (-2.79%). NB (+4.04%) helped push consumers higher as the sector gained +0.96%. The Nigerian Senate approved the N6.08trn budget.

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

Zimbabwe: Industrials -1.10%, USD 1.5m

Some pleasing action today in Harare although it was almost entirely in Delta (56.49c). The rest of the market was like a ghost town.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.37

0.63

Nigeria

NGN

199.05

0.13

Kenya

KES

101.51

0.76

Mauritius

MUR

35.27

1.64

Botswana

BWP

11.11

1.01

Tanzania

TZS

2187.20

-1.73

Uganda

UGX

3375.00

-0.09

Rwanda

RWF

781.50

-4.67

Ghana

GHS

3.85

-1.17

BRVM

XOF

596.09

3.75

Egypt

EGP

8.88

-11.88

Morocco

MAD

9.73

2.06

Tunisia

TNF

2.02

0.83

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

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