Slight increase in activity as Sefalana had the largest turnover. The counter traded a total of 86k shares to close at 1010t
A big day in Namibia although foreign participation still remains on the low side. There was a chunky cross in ARML (local buyer, foreign seller) while in normal trading we saw some decent activity in the banks. EqBnk (-1.8%, KES55.00) and KNCB (-80bps, KES59.00) were both driven lower by foreign selling. Safcom (-90bps, KES15.75) and EABL (-4.2%, KES318.00) were also soft in general trading.
Indices maintained their upward trend, closing in the green for the fourth consecutive day this week. MCBG traded a total of 55k shares to close down at Rs206.25. NMB declined by 0.8% during the session, as 1.6k shares were exchanged at Rs66.00. SBM managed to close flat at Rs1.00 on 1.2m shares exchanged.
Crosses continue to dominate the landscape in Lagos. Banks (-1.83%) reversed some of their recent strength with notable softness in UBA (-4.92%, N3.48), Zenith (-4.00%, N18.00) and Access (-4.89%, N6.23). The consumers (-10bps) were also marginally soft with almost all the action taking place in NB (-1.62%, N135.51), UACN (+6.82%, N41.49) and Unilever (+55bps, N34.50). In the cement there was a decent sized cross in Wapco (-48bps, N85.00).
Please note that the index figure above is correct at the time of writing.
CBZ accounted the lions share of total market turnover, as the counter traded a staggering 5.9m shares, closing at 10c. Unfortunately the rest of the market saw thin trades, in the likes of Econet, Delta and OK Zim, just to name a few.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
11.48 |
+0.78 |
Nigeria |
NGN |
202.00 |
-9.18 |
Kenya |
KES |
9.48 |
-0.96 |
Mauritius |
MUR |
33.25 |
-4.51 |
Botswana |
BWP |
9.54 |
-0.33 |
Tanzania |
TZS |
1820.00 |
-4.78 |
Uganda |
UGX |
2895.00 |
-4.28 |
Rwanda |
RWF |
695.20 |
-0.78 |
Ghana |
GHS |
3.47 |
-7.41 |
BRVM |
XOF |
585.61 |
-7.42 |
Egypt |
EGP |
7.57 |
-5.64 |
Morocco |
MAD |
9.59 |
-5.41 |
Tunisia |
TND |
1.94 |
-4.10 |