Once again local crossing was the focal point in the market with a chunky cross in Sechaba (2090t) the only decent action today.
Foreign investors were net sellers on a rather uneventful start to the week in Nairobi. Once again volumes were heavily dominated by Safcom with the telco rising by 1.56% to KES19.55. The only other name to see any modicum of trading was EABL which gained 1.74% to KES234.00.
MCBG dominated activity yet again as it touched an all-time high of Rs230.00 before closing at Rs229.00 (+10bps). The rest of the market was quiet.
Once again the Banks (+1.50%) led the way, both in terms of volumes and market direction. Consumers (+85bps) tried to tag along but the sector was incredibly quiet. The leading lights in the banks, not surprisingly, were GTB (+1.39%, N27.00) and Zenith Bank (+3.69%, N15.45). There was also 1 cross in Seplat (+3.66%, N425.00).
Please note that the index figure above is correct at the time of writing.
The ZSE was plagued by technical issues yet again. The market was mostly quiet and absent of foreign investors. The only real activity was in Delta (86.50c).
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.30 |
3.30 |
Nigeria |
NGN |
316.50 |
-0.37 |
Kenya |
KES |
103.10 |
-0.57 |
Mauritius |
MUR |
34.82 |
3.31 |
Botswana |
BWP |
10.42 |
2.46 |
Tanzania |
TZS |
2225.05 |
-1.98 |
Uganda |
UGX |
3642.23 |
-1.26 |
Rwanda |
RWF |
827.36 |
-0.65 |
Ghana |
GHS |
4.22 |
0.47 |
BRVM |
XOF |
603.50 |
4.38 |
Egypt |
EGP |
18.12 |
0.10 |
Morocco |
MAD |
9.91 |
2.21 |
Tunisia |
TND |
2.47 |
-6.08 |