Movers & Shakers: May 24, 2016


Botswana: DCI +0.09%, USD 289k

Things slowed down in Gaborone today with a small bit of action in Sefalana the only name worth mentioning as 185k shares traded.

Kenya: NSE 20 -0.50%, USD 5.4m

It was a rather uneventful day as turnover fell -28.1% to $5.4m with EQBNK the main driver behind the action as 5m shares traded with the name falling -0.6% on local selling. There was also a small bit of action in Safcom and EABL as 6.2m shares and 209k shares traded in the names respectively. Elsewhere the market was very quiet with nothing to report.

Mauritius: Semdex -0.39%, USD 1.6

Some chunky crossing in Rockcastle (-4.6%, Rs2.26) was the main story in town today. The rest of the market was uneventful.

Nigeria: ASI +0.80%, USD 7.6m

It was a very dull day in Lagos with a small bit of activity in FBNH ($1.5m), Zenith ($1.3m) and GTB ($1.2m) while the rest of the market was dead quiet. Banking stocks managed to close higher after yesterday's sell-off with the sector gaining +0.73% thanks to gains in ETI (+3.17%) and Access (+1.96%). Consumers (+0.76%) also closed higher, albeit on small volume thanks to NB (+1.84%). The MPC maintained both the MPR and CRR at 12% and 22.50% respectively. They also stated that it was time to introduce flexibility into the FX market.

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

Zimbabwe: Industrials -0.13%, USD 365k

A rather sluggish day in Harare. The bulk of the action went through in Seedco (57.14c) and Econet (22.41c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.67

-1.34

Nigeria

NGN

199.05

0.13

Kenya

KES

100.81

1.48

Mauritius

MUR

35.22

1.79

Botswana

BWP

11.19

0.22

Tanzania

TZS

2190.00

-1.86

Uganda

UGX

3385.00

-0.38

Rwanda

RWF

777.52

-4.18

Ghana

GHS

3.87

-1.68

BRVM

XOF

596.05

3.73

Egypt

EGP

8.87

-11.79

Morocco

MAD

9.74

1.94

Tunisia

TNF

2.08

-1.86

contacts
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  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

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