A quiet and soft day in Nairobi. Safcom was still the most active stock on the bourse despite its expected numbers out tomorrow. The telco finally retreated and dropped by 1.22%. There was some mild trading in KNCB whilst the rest of the market was non-existent.
MCBG reached yet another all-time high as it rose by 70bps to Rs231.50 ahead of its release of quarterly numbers on Monday. The name is now up 7.7% YTD. There was also some decent volume in SBMH (unch, Rs7.60). Some statistics out showed that tourist arrivals rose by an impressive 21.1% in April 2017 compared to April 2016.
The trend of local selling and foreign buying in the banks continues unabated. The sector rose by 2.18% with some decent volumes going through while all Tier 1 names closed in the green. Once again the chunkiest trades went through in Zenith Bank (+1.17%, N16.40) and GTB (+1.66%, N27.50). Consumers rose by a more somber 69bps while volumes remain light in the sector.
Please note that the index figure above is correct at the time of writing.
Nothing overly exciting to report from the ZSE.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.63 |
0.76 |
Nigeria |
NGN |
314.74 |
0.19 |
Kenya |
KES |
103.18 |
-0.65 |
Mauritius |
MUR |
34.66 |
3.78 |
Botswana |
BWP |
10.53 |
1.18 |
Tanzania |
TZS |
2225.10 |
-1.98 |
Uganda |
UGX |
3628.00 |
-0.87 |
Rwanda |
RWF |
840.00 |
-2.14 |
Ghana |
GHS |
4.21 |
0.59 |
BRVM |
XOF |
604.48 |
4.21 |
Egypt |
EGP |
18.12 |
0.14 |
Morocco |
MAD |
9.92 |
2.10 |
Tunisia |
TND |
2.45 |
-5.62 |