Movers & Shakers: February 16, 2012

Botswana: DCI Unch, Vols USD 1.5m

Gaborone witnessed increased vols today with USD1.5m worth exchanging hands. 99.98% of the day's turnover was accounted by Letshego which saw 8m shares trade 2t higher at 140t. G4s added on 1t to end at 611t on thin vols. Choppies was down 1t to 179t.

BRVM: BRVM Comp -0.01%, BRVM 10 -0.05%, Vols USD 742k

The BRVM Comp and the BRVM 10 ended 0.01% and 0.05% lower at 142.55pts and 164.81pts respectively. Sodeci led the gainers, ending 4.59% higher at XOF 20,500. CIE CI was up 2.53% to XOF 20,500 while SOGB inched up 0.34% to XOF 58,200. Palm CI lost 2.18% to XOF 17,500 and Bollore ended the day 0.25% in the red at XOF 40,000.

Egypt: EGX 30 -0.73%, Vols USD 111m

The market continues to witness profit taking , leaving the EGX30 to end the day down 0.73%, to close at 4967.15 points. Volumes were within recent market average volume, market traded a total turnover of USD 111m, in which more than 17% were attributed to EMOB alone . EMOB was monopolizing investor attention today as price is close enough to proposed tender to convince many to sell out and avoid both currency, and execution risk. The rest of the market traded lower as expected, internationals continue to be net sellers along with Arab investors., while local investor continue to be net-buyers targeting med caps.

Investor mix:
•  Foreigners were net Sellers by 48.26 mn EGP and were 16.22% of the market.
•  Egyptians were net Buyers by 55.70 mn EGP and were 76.52% of the market.
•  Arabs were net Seller by 7.43 mn EGP and were 7.26% of the market.
•  Institutions were net Sellers by 58.45 mn EGP and were 33.21% of the market.
•  Retail were net Buyers by 64.33 mn EGP and were 66.78% of the market.

Kenya: NSE 20 +0.30%, Vols USD 1.4m

Turnover on the NSE fell by 56.5% to USD 1.4m. Barclays Bank ended 4.8% higher at KES 13. Other banking stocks also saw good buying interest with KCB, Equity Bank and Co-op Bank all seeing improved prices. KenolKobil added on 4.9% to KES 10.76 while Total Kenya lost 1.8% to KES 16.65 ahead of FY11 results. EABL inched 1.1% higher to KES 176.95 on thin volumes.

Mauritius: Semdex -0.20%, Vols USD 1.1m

The Semdex ended the day 0.20% lower while the Sem-7 edged down 0.26%. IBL lost 1.3% to Rs79 on 47.4k shares. Innodis witnessed a cross of 20k shares at Rs40.50. MCB lost 0.6% to Rs166 while SBM increased by 0.63% to Rs80.50. NMH and Lux decreased by 1.3% and 2.5% to Rs76 and Rs23 respectively. Sun rose by 0.5% to Rs41.90.

Nigeria: ASI -0.07%, Vols USD 14.55m

The NSE ASI fell 0.07% while value traded amounted to USD 14.55m. Top traded stocks UBA, Skye Bank, Omatek, FCMB, First Bank, Access Bank, N.E.M Insurance, Fidelity Bank, Eterna Oil and Zenith Bank. Top losers of the day were Total (-5.00%), Forte Oil (-4.93%), Dangote Sugar (-4.88%), AG Leventis (-4.83%) and Goldlink Insurance (-4.76). The gainers were led by Eterna Oil (4.99%), UPL (4.90%), Access Bank (4.89%), Skye Bank (4.78%) and Sterling Bank (4.76%). The banking sector index closed up 117bps. UBA closed up 4.65% at N1.80 and traded 332.50m units while First Bank also closed up 0.95% at N10.61 while trading 18.15m units. GTB closed up 0.93% at N14.18 while trading 6.03m units. The sector also had crosses of 307 units of UBA, 96m units of Skye Bank, 50m units of FCMB, 8m units of Access Bank, 8.2m units of Fidelity Bank and 1.2m units Zenith Bank. In the building materials sector, Cement Company of Northern Nigeria closed flat at N4.71 and traded 97k units while Ashaka Cement closed up 1.90% at N10.70 and traded 279k units in total. Lafarge Wapco closed flat at N43.23 and traded 285k units. In the food and beverages sector, Nigerian Breweries closed down 0.81% at N96.21 and traded 764k units in total while Nestle also closed down 1.25% at N441 and traded 224k units. Cadbury closed flat at N9.30 and traded 441k units in total. There were also crosses of 1.4m units of PZ Cussons, 1.2m units of Transcorp, 2m units of Transcorp, 1m units of RT Briscoe, 14m units of NEM Insurance, 8m units of Eterna Oil and 80m units of Omatek Ventures Plc.

South Africa: Top 40 -0.97% Vols USD 1.63bn

The JSE ended the day lower with the Top 40 Index falling 0.97% to close at 30,099 while value traded amounted to USD 1.63bn. Resources were the day's biggest losers with the Index falling 1.80% followed by Financials and Industrials which fell 0.62% and 0.30% respectively. The Rand was trading at 7.80 and 10.19 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +1.93%, Vols USD 129k

The market recorded a turnover of USD 129,055. The names that traded included CCHZ, CECZ, FQMZ, INVE, LAFA, SCBL, ZMBF, ZABR, ZNCO and ZSUG. The biggest contributor towards turnover was SCBL, 2,020,885 shares traded at an average price of ZMK 85, turnover amounted to USD 34,354. The second biggest contributor towards turnover was ZABR, 54,606 shares traded at an average price of ZMK 2,500, turnover amounted to USD 27,303.

Zimbabwe: Industrials +1.03%, Mining +4.88, Vols USD 587k

ZSE persisted with its upward trend ending the day 1.03% higher. Twenty counters posted gains against eight fallers. Winners were led by Afre which added on 20% to close at 6c. African sun that put on +17.27% to 1.2c. Cafca and ABCH completed the top risers list adding +16.67% and 14.29% to 70c and 80c respectively. Amongst the industrials notable losses were seen in AICO that eased -2.63% to 18.50c, TA that came off -5.88% to 16c and Pearl that eased a similar margin of -5.88% to 3.20c. The mining index also posted gains rising +4.88% to 93.68pts on the back of a better bid in Hwange at 31c compared to its last traded price of 28c which was enough to outweigh the 33.3% decline in Bindura that traded at 2c.