Back to normal in Gaborone with nothing happening.
Another sub-par day on the activity front in Nairobi today as foreigners continued to dominate proceedings and accounted for 80% of total value traded. Safcom had a solid day and manged to close +1.4% higher at KES 18.70 with 13.2m shares changing hands. There was some decent action in EQBNK as 5m shares traded in the name while banking counter part KNCB was dead quiet. The MPC is currently meeting (at the time of writing) with expectations for interest rates to be held at 10%.
A very dull day in Port Louis. The best way to illustrate this is the fact that the most action stock was a little known stock called Dale Capital as normal trading activity was basically shut.
A better start to the week than what we have become acustomed to of late in Lagos, but still well below historical norms, with some activity in Zenith ($2.3m), GTB ($1.5m) and Stanbic ($1.3m). Banking stocks closed the day +0.14% higher thanks to Stanbic (+1.64%) and UBA (+2.04%) after the latter released FY16 numbers. Consumers (+0.46%) also managed to close in positive territory with some strength in Unilever (+4.95%). According to reports, the Nigerian Central Bank says that it will sell FX to banks at N370/ USD.
Please note that the index figure above is correct at the time of writing.
Nothing overly exciting from the ZSE today although the index did tick higher mostly thanks to Econet. The telco closed up at 16c which was a solid bounce after Friday’s big action. Delta also saw some trading at the 86c level.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
12.76 |
7.58 |
Nigeria |
NGN |
316.00 |
-0.21 |
Kenya |
KES |
102.86 |
-0.34 |
Mauritius |
MUR |
35.15 |
2.33 |
Botswana |
BWP |
10.19 |
4.81 |
Tanzania |
TZS |
2225.00 |
-1.98 |
Uganda |
UGX |
3602.77 |
-0.17 |
Rwanda |
RWF |
839.08 |
-2.04 |
Ghana |
GHS |
4.36 |
-2.87 |
BRVM |
XOF |
606.61 |
3.84 |
Egypt |
EGP |
18.19 |
-0.29 |
Morocco |
MAD |
9.93 |
2.03 |
Tunisia |
TND |
2.29 |
1.11 |