Movers & Shakers: November 22, 2017

Botswana: DCI +0.05%, USD 32.69k

Another dull day in Gaborone seeing the domestic index retreating on low volumes. BIHL ($27k) was the main mover accounting for 83% of today’s turnover.

Kenya: NSE 20 +1.0%, USD6.4m

The positive trend in Kenya continued as turnover increased by 18%. SAFCOM, COOP, EABL and EQBNK dominated the market turnover as all four accounted for approximately 80% of turnover. This positive run comes on the back of the Supreme Court’s decision to uphold the election results yesterday. This seems to have added a bit of positive sentiment into the market as we expect to see some stability.

Mauritius: Semdex -0.06%, USD 1.02m

Trading today was lead by CMPL with its mandatory offer and MCBG which accounted for over 50% of today market turnover. MCBG declined by 0.2% trading at Rs276.00, ENL was unchanged at Rs42.30, SBM also unmoved trading at Rs7.62 and CMPL followed suit remaining at Rs9.52 being the largest volume mover on the day with almost 12k shares exchanging hands on the day.

Nigeria: ASI -0.52%, USD9.13m

Profit taking dominated the market today with only the Insurance sector closing higher and the Industrials flat. All other indices were down on the day with the Banks leading the downward charge with names like Guaranty and Zenithbank losing 1.38% and 2.96% respectively. Forte Oil continues its heavy sell-off as investors react to its removal from the MSCI Frontier Market Index.

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

Zimbabwe: Industrials -10.36%, USD 2.56m

The presidential topsy-turvy continues to hover around the market as it has shed almost 35% since the temporary military takeover. Delta retreated 19.87% on large volumes ($1.6m) trading at 131.40c, NMB lost 10% closing 9.00c and Seedco fell 18.42% trading at 214.75c while the rest of the market was extremely quiet.

African Currencies

  Country Index 20-Nov-17 YTD %     Country Notation 20-Nov-17 YTD %  
  Botswana DCI 8912.66 -8.12%     Botswana BWP 10.51 1.82  
  Egypt CASE 30 13725.45 11.19%     Egypt EGP 17.67 2.58  
  Kenya NSE 20 3817.77 19.82%     Ghana GHS 4.62 -11.09  
  Malawi MASI 20240.09 51.95%     Kenya KES 103.37 -0.87  
  Mauritius SEMDEX 2221.00 22.82%     Morocco MAD 9.46 7.00  
    SEM 10 423.41 22.71%     Mauritius MUR 34.30 4.88  
  Morocco MASI 12566.72 7.92%     Nigeria NGN 359.78 -12.35  
  Nigeria NSI 36600.07 36.19%     Rwanda RWF 842.36 -2.42  
  Tanzania TSI 3834.29 4.25%     Tunisia TND 2.53 -8.30  
  Rwanda RSI 132.32 3.98%     Tanzania TZS 2,230.75 -2.23  
  Uganda USE ALSI 1751.98 18.59%     Uganda UGX 3,637.85 -1.14  
  Zambia LUSE All Share 5019.94 20.71%     BRVM XOF 576.82 9.21  
  Zimbabwe Industrial Index 347.25 138.50%     South Africa ZAR 14.06 -2.26  
    Mining Index 129.82 121.88%     Zimbabwe *OMIR 3.64 166.65  
              *Zimbabwe Old Mutial Implied Rate    


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