Another sub-standard day in Kenya with foreign investors reducing their participation on both sides of the equation. The only stock that saw any decent volume was Safcom which closed at KES16.90 (unchanged). There was 1 cross in ARML at KES36.75 (both sides foreign). The rest of the market was painfully quiet.
As always the majority of trading took place in the 2 banks although there was no real direction shown in the sector. MCBG closed 1 tick higher at Rs212.25 while SBMH closed unchanged at Rs0.63.
Another lethargic day in Lagos with no real direction. Banks closed 31bps higher although the sector was quiet outside of Zenith (+8bps, N13.00). Consumers fell by 2.03% mostly on the back of a hiding for NB (-5.48%, N115.32). The rest of the market was uneventful.
Please note that the index figure above is correct at the time of writing.
We saw another pleasantly strong day in Harare despite some technical issues which delayed the opening of the market. The main focal point was in Delta (72.25c) which there was again some local crossing in Natfoods (209c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
14.97 |
3.42 |
Nigeria |
NGN |
199.05 |
0.13 |
Kenya |
KES |
100.63 |
1.71 |
Mauritius |
MUR |
34.96 |
2.55 |
Botswana |
BWP |
10.88 |
3.25 |
Tanzania |
TZS |
2189.80 |
-1.85 |
Uganda |
UGX |
3335.00 |
1.11 |
Rwanda |
RWF |
800.00 |
-6.88 |
Ghana |
GHS |
3.82 |
-0.13 |
BRVM |
XOF |
584.04 |
6.04 |
Egypt |
EGP |
8.88 |
-11.86 |
Morocco |
MAD |
9.61 |
3.39 |
Tunisia |
TNF |
2.01 |
1.71 |