Another relatively uneventful day in Gaborone as almost all the action took place in Letshego which closed lower at 197t.
The market remains bearish with foreigners accounting for 50% of total sales. Safaricom (-3.96%, KES24.25), KCB (-0.60%, KES41.75) and CO-OP (unch, KES16.60) accounting for 74% of total market turnover seeing the bourse decline by 84.8% from the previous trading day. The rest of the counters were extremely quiet.
Total market turnover in Port Louis amounted to Rs58.9m skewed by a handful of tickers as SBM (unch,Rs7.76) and LUX (unch, Rs58.25) accounting for more than 58% of the market. We saw some decent volume in MCB (+0.6%, Rs275.00), IBL (unch, Rs45.00) and Terra (-1.3%, Rs30.00).
At the close of trading today, bearish sentiments prevailed in the Nigerian equities market as the NSE ASI began the week with a 38pbs loss to settle at 34.87m points. The banking Index closed in positive territory (+0.88%), while the consumer sector and the industrial sector shed (-1.17%) and (-0.77%) respectively. The gains posted by GTB (+2.70%, N38.00), Skye Bank (+1.92%, N0.53), ETI (+1.12%, N18.00) and Sterling Bank (+0.98%, N1.03) sustained the sector. The losses recorded in NB (-2.86%, N170.00), Dangflour (-1.55%, N6.35) and Champion (-1.21%, N2.44) depressed the consumer index. Notable trades on the day were the transactions executed in ACCESS ($984k, N9.73), Zenith ($497k, N22.01) and WAPCO ($308k, N49.00).
Please note that the index figure above is correct at the time of writing.
The ZSE finally showed some signs of softening after the strong recent rally while volumes remain decent. Today we saw action dominated by Padenga ($2.05m), Simbisa ($1.52m), Delta ($728k) and OK Zim ($639k).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.27 |
3.57 |
Nigeria |
NGN |
354.99 |
-11.17 |
Kenya |
KES |
103.14 |
-0.65 |
Mauritius |
MUR |
33.41 |
7.68 |
Botswana |
BWP |
10.17 |
5.13 |
Tanzania |
TZS |
2231.55 |
-2.27 |
Uganda |
UGX |
3596.77 |
-0.01 |
Rwanda |
RWF |
836.58 |
-1.74 |
Ghana |
GHS |
4.43 |
-7.30 |
BRVM |
XOF |
559.90 |
12.51 |
Egypt |
EGP |
17.63 |
2.81 |
Morocco |
MAD |
9.34 |
8.45 |
Tunisia |
TND |
2.44 |
-5.10 |