Movers & Shakers: November 28, 2016


Botswana: DCI -0.26%, USD 119k

Nothing much to report from Gaborone.

Kenya: NSE 20 -0.50%, USD 4.8m

The market could never get going today outside of the odd cross. Today the action was heavily centered on EABL (-80bps, KES255), KNCB (unch, KES30.50) and Safcom (-30bps, KES19.85). The rest of the market was extremely dull. In economic news, the Kenya Central Bank kept the benchmark interest unchanged at 10%.

Mauritius: Semdex -0.02%, USD 1.8m

A very active day in Port Louis thanks to crosses in MCBG and SBMH as 164k shares and 2.9m shares changed hands in the names respectively while the rest of the market was dead quiet.

Nigeria: ASI -0.06%, USD 5.1m

The market tried to get itself out of first gear as we approach month end but it could never really shake off the sluggish sentiment. We did see a couple of crosses in names such as GTB (+1.77%, N21.89), Nestle (unch, N810.00) and NB (unch, N141.01). Both Banks (+24bps) and Consumers (-1bp) showed little direction as we still lack any catalyst in the market.

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

Zimbabwe: Industrials +0.56%, USD 1.3m

A decent start to the week in Harare from an activity point of view with some action in Econet ($587k) and Delta ($408k) leading the way. On the economic front, today saw the release of the much anticipated bond notes.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.88

11.48

Nigeria

NGN

312.75

-36.28

Kenya

KES

101.93

0.36

Mauritius

MUR

36.10

-0.69

Botswana

BWP

10.74

4.49

Tanzania

TZS

2179.50

-1.38

Uganda

UGX

3625.00

-6.98

Rwanda

RWF

822.00

-9.37

Ghana

GHS

4.26

-10.68

BRVM

XOF

622.16

-0.58

Egypt

EGP

17.80

-56.04

Morocco

MAD

10.09

-1.57

Tunisia

TNF

2.31

-11.53

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

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