Movers & Shakers: October 16, 2014


Botswana: DCI -0.01%, USD 555k

A reasonable day in Gaborone with some activity in Engen (1000t), BIHL (1137t) and Turnstar (201t).

Kenya: NSE 20 -0.28%, USD 7.5m

Activity dropped off in Harare today as turnover amounted to $7.5m with foreigners accounting for 58.7% of turnover. Foreigners dominated proceedings in KNCB as the name fell -0.9% on 2.93m shares. Local demand in EQBNK managed to drive the counter +2.5% higher as 2.58m shares traded. There was some foreign activity in EABL as 356k shares traded in the brewer. Not much on the go in Safcom as 5.6m shares traded.

Mauritius: Semdex -0.38%, USD 3.88m

A rather pleasing day in terms of activity in Port Louis. NMH was the most active stock for a change (unch, Rs87.50) while MCBG and SBMH closed unchanged at Rs212.00 and Rs1.04 respectively.

Nigeria : ASI -2.01%, USD 46.6m

An extremely active day in Lagos as turnover amounted to an impressive $46.6m. There were some large crosses in the likes of Zenith ($10.05m), ETI ($8.48m), FBNH ($6.25m), NB ($3.89m) and GTB ($2.93m). Banks continued to come under pressure with the Index falling -3.56%, weighed down by the likes of UBA (-4.83%), Zenith (-4.62%) and GTB (-3.55%). Consumers (-0.06%) closed slightly lower with UACN (-5.00%) and Cadbury (-5.00%) dragging the sector lower. Cements also closed lower with WAPCO (-5.00%) and DangCem (-2.25%) coming under pressure.

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

Zimbabwe: Industrials +0.04%, USD 645k

Another dull day in Harare. Nothing much took place with the most action taking place in Econet with a foreign cross taking place at 77.9c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.10

-5.45

Nigeria

NGN

165.07

-2.89

Kenya

KES

89.25

-3.31

Mauritius

MUR

31.32

-4.05

Botswana

BWP

9.19

-4.77

Tanzania

TZS

1691.00

-5.97

Uganda

UGX

2675.00

-5.53

Rwanda

RWF

692.51

-2.38

Ghana

GHS

3.21

-26.13

BRVM

XOF

516.23

-6.95

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.67

-5.70

Tunisia

TND

1.79

-8.22

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

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