Movers & Shakers: April 29, 2016


Please note that we will be closed on Monday the 2nd of May due to the Labour Day holiday in Africa. Please get hold of us on trading@securitiesafrica.com if need be.

Botswana: DCI -0.08%, USD 86k

A quiet end to the week and month in Botswana.

Kenya: NSE 20 +0.48%, USD 2.7m

A rather dire day to end the week from an activity point of view in Nairobi as foreign participation fell to 59.8%. Safcom was the only name worth mentioning from a turnover point of view as the telco closed the day unchanged on 6.7m shares. Both major banking stocks KNCB and EQBNK closed the day flat on small volume.

Mauritius: Semdex +0.50%, USD 2.2m

An active end to the month in Mauritius mostly thanks to MCBG (+1.0%, Rs211.00) while there was also a cross in PBL (unch, Rs358.00).

Nigeria: ASI +0.42%, USD 7.5m

Much of the same in Lagos to end the week with activity continuing to underwhelm. There was a small bit of activity in Zenith ($1.6m), NB ($1.1m) and Nestle ($1m) while the rest of the market was very dull. Banking stocks managed to close higher yet again with the sector gaining +0.94% thanks to Zenith (+3.42%). Consumers (+2.29%) had a strong day thanks to a good performance from NB as the brewer gained an impressive +4.99%.

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

Zimbabwe: Industrials +2.92%, USD 4.5m

A massive day in Harare today thanks to a couple of crosses in Delta. Delta also drove market direction as the name closed much higher at 70c.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

14.20

8.89

Nigeria

NGN

199.05

0.13

Kenya

KES

101.20

1.14

Mauritius

MUR

35.00

2.43

Botswana

BWP

10.58

5.95

Tanzania

TZS

2191.00

-1.90

Uganda

UGX

3320.00

1.57

Rwanda

RWF

773.77

-3.72

Ghana

GHS

3.79

0.40

BRVM

XOF

582.54

6.20

Egypt

EGP

8.87

-11.78

Morocco

MAD

9.61

3.54

Tunisia

TNF

2.00

1.78

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