The little volume the stock exchange experience was divided across 2 names, BTCL ($19k) and WIL($20k) accounting for 75% of the market.
Safcom unchanged on high volumes to close the day 33% of total market turnover showing some weakness towards the end of the session. Other counters to mention are BATK (+1.13%, KES809.00) and EABL (-0.41%, KES245.00). Foreigners once again leading the way with 84% of the market sales and 74.2% on the buy side.
A slight improvement on a slow day in Mauritius, all the indices closed in the green with turnover amounting to Rs91.2m geared towards Greenbay Properties (unch, Rs0.15) making 43% of the market which was driven by foreign investors. The market was helped on by MCBG (+0.4%, Rs278.00) and SBM (-0.5%, 7.80).
The downward momentum continued in Lagos today as the NSE ASI shed 34pbs with no name managing to reach the $1m mark. The industrials closed in positive territory (+0.15%), while the bankings and consumers shed (-0.15%) and (-1.08 %) respectively. Losses recorded in Skye (-3.85%, N0.50), Stanbic (-2.32%, N40.05), Unity Bank (-1.89%, N0.52) and UBA (-1.71%, N9.18) depressed the banking sector index. Also, losses recorded in NB (-2.90%, N164.00) and Dangsugar (-0.87%, N13.65) depressed the consumer sector index. The most actively traded stocks today were Zenith ($738k) and Nestle ($672k.)
Please note that the index figure above is correct at the time of writing.
Some decent activity across the board on the Harare bourse today. Old Mutual (1,398.18c, $3m) leading the way accounting for 43% of total market turnover. Econet (161.10c, $1.9m) totalling 26% of the market, Padenga (85.00c, $638k), Seedco (288.63c, $422k) and Axia (29.00c, $290k) all driving the stock exchange in an upward motion.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 11-Oct-17 | YTD % | Country | Notation | 11-Oct-17 | YTD % | ||||
Botswana | DCI | 8897.18 | -8.28% | Botswana | BWP | 10.31 | 3.74 | ||||
Egypt | CASE 30 | 13816.05 | 11.93% | Egypt | EGP | 17.61 | 2.93 | ||||
Kenya | NSE 20 | 3644.80 | 14.39% | Ghana | GHS | 4.39 | -6.38 | ||||
Malawi | MASI | 19186.84 | 44.04% | Kenya | KES | 103.30 | -0.80 | ||||
Mauritius | SEMDEX | 2217.18 | 22.61% | Morocco | MAD | 9.41 | 7.62 | ||||
SEM 10 | 425.81 | 23.41% | Mauritius | MUR | 34.03 | 5.69 | |||||
Morocco | MASI | 12423.91 | 6.70% | Nigeria | NGN | 355.50 | -11.30 | ||||
Nigeria | NSI | 36652.82 | 36.38% | Rwanda | RWF | 851.75 | -3.49 | ||||
Tanzania | TSI | 3825.34 | 4.01% | Tunisia | TND | 2.48 | -6.66 | ||||
Rwanda | RSI | 123.50 | -2.95% | Tanzania | TZS | 2,226.50 | -2.05 | ||||
Uganda | USE ALSI | 1677.80 | 13.57% | Uganda | UGX | 3,626.06 | -0.82 | ||||
Zambia | LUSE All Share | 4979.88 | 19.75% | BRVM | XOF | 567.92 | 10.92 | ||||
Zimbabwe | Industrial Index | 487.15 | 234.58% | South Africa | ZAR | 13.57 | 1.29 | ||||
Mining Index | 137.52 | 135.04% | Zimbabwe | *OMIR | 5.38 | 2.95 | |||||
*Zimbabwe Old Mutial Implied Rate |