Movers & Shakers: May 26, 2016


Botswana: DCI unch, USD 128k

A muted session today with nothing of any real substance going through.

Kenya: NSE 20 -1.04%, USD 1.8m

Absolutely nothing to report from Nairobi as foreigners were all but absent from the market today. There was a small bit of activity in Safcom as 3.4m shares traded.

Mauritius: Semdex -0.24%, USD 570k

A rather uneventful day in Port Louis. The main action took place in the banks with MCBG closing at Rs206.75 (-10bps) while SBMH closed at Rs0.70 (+1.4%).

Nigeria: ASI +2.18%, USD 25.1m

A very solid day from an activity point of view with some action in GTB ($6.6m), DangCem ($3m), UBA ($2.6m), Zenith ($2.3m) and FBNH ($1.5m). Banks had another solid day with the sector gaining +3.58% thanks to FBNH (+9.52%), UBA (+6.57%) and Zenith (+3.57%). Consumers (+4.52%) also closed higher thanks to NB (+5.00%) and Nestle (+5.00%). It seems that interest has definitely returned to the Nigerian market in the short term. Only time will tell if this will last over the longer term though.

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

Zimbabwe: Industrials -0.13%, USD 62k

Another incredibly dull day in Harare as nothing notable took place.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.57

-0.58

Nigeria

NGN

199.05

0.13

Kenya

KES

100.70

1.59

Mauritius

MUR

35.43

1.19

Botswana

BWP

11.15

0.79

Tanzania

TZS

2192.00

-1.95

Uganda

UGX

3385.00

-0.38

Rwanda

RWF

798.00

-6.64

Ghana

GHS

3.88

-1.83

BRVM

XOF

593.07

4.30

Egypt

EGP

8.88

-11.86

Morocco

MAD

9.73

1.99

Tunisia

TNF

2.09

-2.26

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

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