Movers & Shakers: August 27, 2015


Botswana: DCI -0.19%, USD 1.2m

A solid day in Gaborone thanks to a cross in Choppies as 1.69m shares changed hands while there was also some action in Letshego (1m shares).

Kenya: NSE 20 -2.17%, USD 7.2m

A better day in Nairobi but activity still did not shoot the lights out with turnover amounting to $7.2m as foreigners dominated proceedings. KNCB closed the day -1.1% lower on foreign selling while EQBNK (-3.9%) came under some serious selling pressure from both foreigners and locals. Safcom managed to close +0.4% higher after a few days of heavy selling with foreigners dominating purchases in the telco.

Mauritius: Semdex -0.28%, USD 460k

Another apathetic day in Port Louis as nothing ever got going. The lack of interest was palpable as the index just dripped lower throughout the day. Both MCBG (-60bps, Rs209.75) and SBMH (-1.2%, Rs0.84) closed the day lower.

Nigeria: ASI +0.30%, USD 12.7m

A rather uneventful day in Nigeria as the market didn’t really know what to do. Outside of some action in Zenith (-72bps, N13.75), GTB (+3.50%, N20.70) and NB (+5bps, N110.20) the market was painfully quiet. Most names didn’t even move the needle and this was reflected with the banks and consumers both closing only marginally in the green.

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

Zimbabwe: Industrials -0.08%, USD 237k

Another pathetic day in Harare as the index continues its slow descent. There were no large and interesting trades to note.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.10

-11.72

Nigeria

NGN

199.11

-7.86

Kenya

KES

103.75

-12.67

Mauritius

MUR

35.30

-10.06

Botswana

BWP

10.24

-7.09

Tanzania

TZS

2155.00

-19.58

Uganda

UGX

3585.00

-22.71

Rwanda

RWF

729.34

-5.42

Ghana

GHS

4.14

-22.37

BRVM

XOF

588.41

-7.88

Egypt

EGP

7.81

-8.49

Morocco

MAD

9.69

-6.35

Tunisia

TND

1.95

-4.87

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833