Not a bad day to end the week in Gaborone with the likes of NAP ($1.16m) being 45% of total market turnover, other names that had a descent day on the exchange were Chobe ($316k) and Choppies ($711k).
Things slowed down in Nairobi with some activity in Equity (unch, KES39.25), Co-op (+0.61%, KES16.45), KCB (unch, KES42.25), EABL (unch, KES249) and Safcom (+1.98%, KES25.75. Foreign participation was at 50.5%.
The market closed the week on a positive note with all indices up in Port Louis. Half of today’s turnover was driven by the usual banking duo MCB ($452k) and SBM ($110k), both closed unmoved. Hotel stocks were on the rise, NMH (+0.9%), LUX (+0.9%) and SUN (+0.8%).
Things slowed down on the Nigeria bourse to end the week with financials (-1.08%) closing in the negative and consumers (+2.01%) closing on the up. Guaranty (unch, N38.54) accounting for more than a quarter of today's market turnover, while there was some descent activity in Wapco (-1.36%, N52.77) and Zenith (-2.82%, N23.08).
Please note that the index figure above is correct at the time of writing.
The index continues to grind higher as a complete lack of supply permeates throughout most of the market. Simbisa rose sharply to 64.85c after a local broker pushed the price up from 60.00c accounting for 71% of market turnover, while there was also some decent activity in Delta (173.92c), Econet (66.00c) and Barclays (6.00c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
12.87 |
6.68 |
Nigeria |
NGN |
357.79 |
-11.87 |
Kenya |
KES |
103.07 |
-0.58 |
Mauritius |
MUR |
33.00 |
9.02 |
Botswana |
BWP |
10.03 |
6.52 |
Tanzania |
TZS |
2239.95 |
-2.63 |
Uganda |
UGX |
3601.64 |
-0.14 |
Rwanda |
RWF |
835.53 |
-1.62 |
Ghana |
GHS |
4.41 |
-6.80 |
BRVM |
XOF |
550.75 |
14.38 |
Egypt |
EGP |
17.67 |
2.58 |
Morocco |
MAD |
9.31 |
8.89 |
Tunisia |
TND |
2.43 |
-4.63 |