Another dire day in Gaborone with turnover amounting to a paltry USD 23k.
The Egyptian market rallied 0.93% today to close at 9534 points on lower than average volumes of USD 81m. CCAP (+0.45%) posted strong top line 2Q2014 results with a positive EBITDA at EGP181.2 million relative to a loss of EGP15.6 million the previous year. GTHE (-0.96%) sold a stake in Wind Canada to Globalive Capital for a total consideration of USD122 million. COMI surged 1.75% with 865 million shares changing hands. Institutional investors were 37.30% of market participation, while foreign institutions ended the day as net sellers for the second day worth EGP48.4 million.
A very active day in Kenya with a number of crosses dominating the day with local investors still dominant. There was active trading in the large caps such as KNCB (+90bps, KES59.00), Safcom (+90bps, KES12.85), Equity Bank (+1%, KES53.00) and EABL (-40bps, KES281). Smaller cap names also saw some decent activity in the likes of Diamond Trust (unch, KES255.00), Bamburi (-60bps, KES156) and KPLL (unch, KES14.50).
Activity slowed down quite drastically in Port Louis today with turnover amounting to a dull USD 790k. It was very dull in MCBG and SBM with 42k shares and 380k shares changing hands in the names respectively
A generally dull day with a large cross in Diamond Bank (majority of sell was local, foreign buyer) the main talking point. Banks slid by 51bps for the day with ETI profit taking (-3.13%, N19.20) the main drag on the sector. Outside of Diamond Bank (+1.25%, N6.47) there was some activity in FBNH, GTB and Zenith. Cosnumers also fell by 51bps with activity focused on NB (-64bps, N175) and Nestle (unch, N1010). Active trading in Oando yet again (-2.76%, N24.30).
Please note that the index figure above is correct at the time of writing.
Turnover failed to break the $1m mark today with total value traded amounting to USD 995k with some action in Delta ($394k) and Econet ($183k). The market closed the day lower with the Industrial Index falling -0.61%.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
10.96 |
-4.27 |
Nigeria |
NGN |
162.95 |
-1.63 |
Kenya |
KES |
89.00 |
-3.03 |
Mauritius |
MUR |
31.23 |
-3.78 |
Botswana |
BWP |
9.07 |
+3.82 |
Tanzania |
TZS |
1663.00 |
-4.39 |
Uganda |
UGX |
2607.50 |
-3.09 |
Rwanda |
RWF |
690.75 |
-2.14 |
Ghana |
GHS |
3.60 |
-34.03 |
BRVM |
XOF |
509.68 |
-5.79 |
Egypt |
EGP |
7.15 |
-2.83 |
Morocco |
MAD |
8.59 |
-4.74 |
Tunisia |
TND |
1.76 |
-7.02 |