Movers & Shakers: May 18, 2016


Botswana: DCI -0.16%, USD 3.5m

A solid day in Botswana with some chunky action going through in Letshego (266t). There was also some nice trading in Sefalana (1330t).

Kenya: NSE 20 +0.30%, USD 6.3m

A much better day in Nairobi with foreign interest returning to the market as they accounted for 69.2% of activity. Both major banking stocks closed in positive territory with some decent volume in KNCB (+0.6%) and EQBNK (+1.3%) as 3.6m shares and 3.8m shares traded respectively. A foreign cross in BMBC drove proceedings in the usually illiquid name as 500k shares traded. There was also some foreign action in BATK as 62k shares changed hands while Safcom and EABL were very quiet.

Mauritius: Semdex -0.28%, USD 300k

An extremely dull day in Mauritius. There was nothing special to write home about.

Nigeria: ASI +0.41%, USD 10.2m

Things slowed down a bit today in Lagos, but activity remained above the $10m mark (we'll take what positives we can) with Zenith ($3.3m) once again dominating proceedings while there was also some action in Wema Bank ($1.3m) and GTB ($1.1m). Banks had a very solid day with the sector closing +1.73% higher thanks to good gains in Zenith (+4.02%) and GTB (+2.68%). Consumers (+0.35%) also closed higher with NB (+1.98%) putting in a good performance.

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

Zimbabwe: Industrials -0.11%, USD 86k

Absolutely nothing to report on from Harare.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.79

-1.96

Nigeria

NGN

199.05

0.13

Kenya

KES

100.85

1.44

Mauritius

MUR

35.10

2.14

Botswana

BWP

11.26

-0.34

Tanzania

TZS

2191.00

-1.90

Uganda

UGX

3350.00

0.66

Rwanda

RWF

789.25

-5.61

Ghana

GHS

3.84

-0.98

BRVM

XOF

589.96

4.84

Egypt

EGP

8.87

-11.76

Morocco

MAD

9.68

2.58

Tunisia

TNF

2.06

-0.92

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

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