Movers & Shakers: April 09, 2016


Botswana: DCI +0.05%, USD 2.7m

A large cross of 11m Letshego got the week off to a good start in Gaborone. Unfortunately the rest of the market was very quiet with nothing to else report.

Kenya: NSE 20 -0.04%, USD 4.5m

A sub par start to the week in terms of activity in Nairobi as turnover amounted to a dull $4.5m. EABL was the most active counter on the day as the brewer gained +0.3% on foreign demand with 477k shares traded. Safcom closed the day unchanged as 7.5m shares traded in the telco. EQBNK closed the day -0.6% lower ahead of results due out tomorrow while KNCB also fell -0.6% on small volume.

Mauritius: Semdex -0.03%, USD 870k

There was some small activity in Ireland Blyth (80k shares) and LUX (72k shares) while the rest of the heavyweights were extremely quiet as 135 shares and 1.4m shares changed hands in MCBG and SBMH respectively.

Nigeria: ASI +0.49%, USD 8.4m

It was a much better start to the week than what we have become accustomed to of late in terms of total turnover thanks to and off-market cross of 244m ETI. There were also crosses in Access ($3.3m) and NB ($1.5m) which helped boost activity. Banking stocks had a strong day with the sector gaining +2.08% thanks to Zenith (+4.56%), GTB (+3.03%) and Access (+1.90%). Consumers (+0.60%) also closed in positive territory thanks to a good performance in NB (+4.41%).

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

Zimbabwe: Industrials +0.07%, USD 660k

The ZSE continues to tick higher. Today’s action was heavily focused on Innscor (23.04c) with Delta (73c) also trading.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.15

2.09

Nigeria

NGN

199.05

0.13

Kenya

KES

100.63

1.66

Mauritius

MUR

35.00

2.43

Botswana

BWP

10.98

2.13

Tanzania

TZS

2192.55

-1.97

Uganda

UGX

3328.00

1.32

Rwanda

RWF

795.50

-6.35

Ghana

GHS

3.83

-0.52

BRVM

XOF

584.11

5.90

Egypt

EGP

8.78

-10.85

Morocco

MAD

9.62

3.34

Tunisia

TNF

2.02

1.21

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