Movers & Shakers: May 09, 2014


Botswana: DCI +0.16%, USD 285k

It was a better day in Gaborone but still nothing to write home about as value traded amounted to USD 285k thanks to some action in Letshego (617k shares).

Egypt: Closed for the day.

Kenya: NSE 20 +0.03%, USD 11.8m

Activity dropped off today but was still very solid as value traded amounted to $11.8m. Safcom ($5.43m) was the day's most active counter on the back of foreign crosses with the telco gaining +0.4% to close at KES 12.85. EQBNK (+0.6%) managed to close higher on the back of foreign purchases with 3.2m shares changing hands. A large local cross in Housing Finance boosted activity in the name as 3.23m shares traded. Foreign selling put pressure on BMBC (-1.1%) as 195k shares traded.

Mauritius: Semdex +0.11%, USD 1.55m

The bulk of today’s action took place in the normally illiquid Ciel which gained 1.67% to Rs 6.10. In the Sem-7 there were mixed fortunes for the banks as MCB gained 95bps to Rs 212 while SBM fell by 97bps to Rs 1.02.

Nigeria: ASI -0.22%, USD 29.01m

It was a rather active day to end the week as value traded amounted to $29.01m. Zenith ($7.60m), GTB ($2.77m) and DangCem ($1.75m) were the main drivers behind today's activity. A large cross in the usually illiquid UACN Property ($5.67m) also helped boost activity. Banks (-0.03%) closed the day ever so slightly lower with Zenith (-1.61%) being the major drag on the sector. Consumers (-0.09%) were also slightly weaker as Dangote Sugar (-1.08%) was one of the worst performers in the sector.

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

Zimbabwe: Industrials -0.21%, Minings unch, USD 1.11m

It was a rather average day in Harare as value traded amounted to USD 1.11m with Econet ($567k) and Delta ($213k) driving activity. The market closed lower with the Industrial Index falling -0.21%.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.37

+1.13

Nigeria

NGN

161.30

-0.62

Kenya

KES

87.15

-0.98

Mauritius

MUR

29.90

+0.50

Botswana

BWP

8.67

+0.83

Tanzania

TZS

1649.00

-3.58

Uganda

TZSUGX

2523.00

+0.16

Rwanda

RWF

680.50

-0.66

Ghana

GHS

2.90

-18.10

BRVM

XOF

479.12

+0.25

Egypt

EGP

7.04

-1.43

Morocco

MAD

8.16

+0.29

Tunisia

TND

1.61

+1.86

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

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