Movers & Shakers: September 18, 2014


Botswana: DCI -0.08%, USD 1.05m

Another active day in Gaborone with value traded amounting to USD 1.05m thanks to Letshego (2m shares), Turnstar (1.06m shares) and Choppies (381k shares).

Egypt: EGX 30 +1.61%, USD 125m

The Egyptian market is on the rise again, with the real estate sector regaining its bullish momentum to drive the market higher. The EGX30 gained 1.61% to close at 9729 points on higher-than-average volumes of USD 125m. MNHD, TMGH, and HELI rallied on aggressive appetite, ending the day 10%, 0.18%, and 6.04% higher on decent market volumes. COMI (2.74%) led volumes with 1.6 million shares changing hands, reaching a new high of EGP50.00/share. Institutional investors were 44.86% of market participation, while foreign institutions ended the day as net buyers worth EGP169 million.

Kenya: NSE 20 +2.40%, USD 9.5m

Another rather solid day in Nairobi from an activity point of view with turnover amounting to $9.5m. EQBNK (+5.8%) had a very good day from both a performance and activity point of view as local demand drove the name higher on 2.95m shares. Foreign buying (71.1%) drove Safcom +0.8% higher as 6.2m shares changed hands in the telco. KNCB was also rather active as local investors dominated proceedings in the name.

Mauritius: Semdex -0.03%, USD 2.1m

The Port Louis bourse continues to chug along at a decent rate. The only movers in the Sem-7 were Alteo (+1.39%, Rs36.50) and ENL Land (-50bps, Rs50.00) while activity was focused on MCBG (unch, Rs208.75) and SBM (unch, Rs1.04).

Nigeria: ASI -0.11%, USD 16.8m

An extremely dull day in Lagos as turnover fell to $16.8m with some activity in the likes of Zenith ($2.55m), GTB ($1.94m), Nestle ($1.65m) and NB ($1.41m). Banks closed the day slightly lower with the Index falling -0.06% with ETI (-1.20%), FBNH (-0.48%) and GTB (-0.45%) dragging the sector lower while Zenith managed to gain +1.44%. Consumers (+0.87%) had a relatively strong day with Guinness (+3.44%), Dangote Sugar (+1.83%) and NB (+0.97%) being amongst the best performers.

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

Zimbabwe: Industrials -0.21%, USD 1.1m

Another rather uneventful day in Harare. The bulk of the action took place in Delta (129c), Innscor (72c) and Econet (77c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.03

-4.96

Nigeria

NGN

163.65

-2.05

Kenya

KES

89.40

-3.47

Mauritius

MUR

31.27

-3.90

Botswana

BWP

9.11

-4.37

Tanzania

TZS

1667.00

-4.62

Uganda

UGX

2613.00

-3.29

Rwanda

RWF

691.02

-2.17

Ghana

GHS

3.50

-32.20

BRVM

XOF

510.59

-5.98

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.60

-4.82

Tunisia

TND

1.77

-7.09

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

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