Movers & Shakers: June 30, 2015

Botswana: DCI +0.61%, USD 373k

Market activity was dominted by the likes of Choopies, Letshego and FNBB

Kenya: NSE 20 +1.42%, USD 90.6m

Another massive day in Nairobi thanks to yet another large cross in Equity Bank. Helios Investment Partners, an Africa-focused private investment firm, appears to have been disposing its position after earlier selling stakes to Norfininvest AS and NSSF Uganda. Today’s cross saw 156m shares cross at KES47.50. In normal trading we saw a couple of crosses in BATK (+5.7%, KES741.00) and Centum (unch, KES65.50). In the large cap names there was some action in Safcom (+90bps, KES16.45) and EABL (-30bps, KES304.00).

Mauritius: Semdex +0.04%, USD 2.7m

Market turnover was mainly geared towards SBM and MCB, the counters accounted for 45.5% and 35.8% respectively. MCB shed 0.1% to close at Rs217 on the back of 159k shares traded. SBM had a great as the counter gained 2.2% after trading 48.9m shares during the session.

Nigeria: ASI +0.62%, USD 21.4m

An average day from an activity point of view to end the first half of the year as turnover amounted to $21.4m. The session was once again dominated by crosses in a few names with some action in Zenith ($8.88m), Unilever ($4.35m) and NB ($1.21m). Banks closed the day lower with the sector falling -0.51% as Zenith (-2.28%), Access (-1.40%) and GTB (-1.06%) were a drag on the sector. Consumers (-0.28%) also closed lower as Cadbury (-4.03%) and Nestle (-3.62%) came under pressure. The market did however close higher despite the two major indices closing lower thanks to market heavyweight DangCem (+3.45%).

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

Zimbabwe: Industrials -0.30%, USD 63k

The market continues to struggle as not much is on the go at the moment.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.16

-4.87

Nigeria

NGN

199.00

-7.81

Kenya

KES

99.30

-8.76

Mauritius

MUR

35.20

-9.80

Botswana

BWP

9.86

-3.57

Tanzania

TZS

1995.00

-13.13

Uganda

UGX

3305.00

-16.16

Rwanda

RWF

722.50

-4.52

Ghana

GHS

4.36

-26.20

BRVM

XOF

587.86

-7.79

Egypt

EGP

7.63

-6.31

Morocco

MAD

9.70

-6.67

Tunisia

TND

1.94

-4.05
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