Movers & Shakers: May 15, 2017


Botswana: DCI -0.20%, USD 1.1m

A solid start to the week in Gaborone thanks to some action in Letshego, Sechaba and BIHL.

Kenya: NSE 20 -0.50%, USD 1.4m

A very slow start to the week in Nairobi with not a single name breaking the $1m turnover mark, and as such, there is nothing to report on the activity front. On the news front, Vodafone announced that they will be selling their 35% stake in Safcom to their South African subsidiary Vodacom, in a deal worth $2.58bn.

Mauritius: Semdex -0.60%, USD 998k

Yet again MCBG dominates the market turnover stats. However, after its recent bull run the banking giant finally retreated and shed 2.0% to Rs240.00. SBMH closed unchanged at Rs7.60 after releasing 2017 Q1 results early in the morning.

Nigeria: ASI -2.41%, USD 25.1m

A very impressive start to the week in Lagos from an activity view with a large cross in Zenith ($12.8m) relatively early getting things going. Elsewhere there was also some decent action in Access ($3.8m), GTB ($2.5m) and ETI ($2.3m). There was some profit taking in banking stocks with the sector closing -3.27% lower with losses in Zenith (-5.68%), GTB (-3.30%), Access (-2.91%) and ETI (-1.02%). Consumer stocks ended the day -3.66% lower on small volume.

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

Zimbabwe: Industrials +0.49%, USD 467k

A rather muted day in Harare. The main action went through in Econet with about 2m shares trading at 21c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.20

4.07

Nigeria

NGN

316.25

-0.29

Kenya

KES

103.20

-0.67

Mauritius

MUR

35.14

2.36

Botswana

BWP

10.36

3.10

Tanzania

TZS

2235.00

-2.42

Uganda

UGX

3630.00

-0.92

Rwanda

RWF

827.52

-0.67

Ghana

GHS

4.21

0.59

BRVM

XOF

601.87

4.69

Egypt

EGP

18.10

0.21

Morocco

MAD

9.87

2.61

Tunisia

TND

2.46

-5.77

contacts
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  • Nigeria +234 (1) 342 9185

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