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Movers & Shakers: March 31, 2016


Botswana: DCI +0.01%, USD 8k

Nothing to report from Gaborone.

Kenya: NSE 20 +0.02%, USD 5.9m

Another very average day from an activity point of view in Nairobi as foreigners were net buyers to the tune of $2.8m for the third session in a row. Foreign demand drove Safcom higher as the telco gained +1.2% on 6.7m shares. The two major banking stocks ended the day mixed with KNCB closing unchanged while EQBNK gained +1.3%. There was some action in the usually illiquid KenolKobil and ARM as 9.5m shares and 2.2m shares changed hands in the names respectively.

Mauritius: Semdex +0.19%, USD 1.1m

A couple of crosses in MCBG (+50bps, Rs205.75) was about the only action that took place today in Port Louis.

Nigeria: ASI +0.64%, USD 9.6m

Another rather dull day on the last trading day of the first quarter of 2016 with crosses in WAPCO ($3m) and GTB ($2.2m) the only names brreaking the $1m mark while the rest of the market was very quiet. Another bad day for banking stocks as the sector fell -0.83% thanks to weakness in UBA (-2.79%) and Zenith (-1.92%) while FBNH (+5.00%) bucked the trend and closed higher. Consumers (+0.25%) managed to close in positive territory thanks to IntBrew (+7.84%).

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

Zimbabwe: Industrials +0.45%, USD 639k

Some action in Delta (56.25c) and Seedco (64c) about the only action on yet another quiet day in Harare.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.75

4.84

Nigeria

NGN

199.05

0.13

Kenya

KES

101.43

0.86

Mauritius

MUR

35.23

1.76

Botswana

BWP

10.84

3.37

Tanzania

TZS

2186.50

-1.70

Uganda

UGX

3373.00

-0.03

Rwanda

RWF

746.00

-0.13

Ghana

GHS

3.84

-0.91

BRVM

XOF

585.73

5.61

Egypt

EGP

8.87

-11.81

Morocco

MAD

9.62

3.20

Tunisia

TNF

2.00

1.48

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

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