Letshego completely drove turnover today as 4.6m shares traded in the counter with total value traded amounting to USD 1.18m. The rest of the market was very quiet.
The market witnessed a very slow with leaving the EGX30 to end the day up 0.21% to close at 8,243.78 points. Market volumes were extremely low today, the market traded a total turnover of USD 66m. As the expected with now new catalyst to drive the market, the market ended the relatively unchanged were name such as JUFO, GTHE and PIOH managed to gain interest, leaving each to end the day up 2.43%, 0.58% and 2.46% respectively, it’s worth mentioning GTHE is scheduled to report 1Q results May 14th. Local institutions ended the day as net-sellers targeting names such as EAST, COMI and TMGH leaving each to end the day down 4.77%, 0.27% and 0.11% respectively.
It was a generally dull day in Nairobi ahead of the Safcom 2014 Results announcement which took place after the session. Local investors dominated the market. Safcom moved marginally higher during the session to close at KES 12.90. The banks saw some decent crossing with Equity Bank slipping slightly to KES 40.75 while KNCB rose marginally to KES 49.00. EABL was rather quiet although some aggressive buying pushed the stock higher to KES 303.00.
Not much on the go in Port Louis as value traded amounted to USD 850k with some action in MCBG (30k shares) and UBP (84k shares) dominating proceedings. Both SBM and NMH were very quiet as 661k shares and 5k shares traded in the names respectively. Tourist arrivals for April increased 16% y/y.
It was a decent start to the week from an activity point of view as value traded amounted to USD 25.17m. NB ($6.65m), GTB ($3.81m), Zenith ($1.98m), FBNH ($1.80m) and Seplat ($1.75m) were the main drivers behind today’s turnover. Banks closed the day in positive territory with the Index gaining +0.13% with good performances from Access (+1.21%) and FBNH (+1.07%). Consumers (+0.06%) also closed the day higher with 7UP (+4.63%) and NB (+1.35%) pushing the sector higher.
Please note that the index figure above is correct at the time of writing.
It was a quiet start to the week in Harare as value traded amounted to USD 672k with Padenga ($370k) and Econet ($218k) driving turnover. The market closed lower with the Industrial Index falling -0.35%.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
10.37 |
+1.13 |
Nigeria |
NGN |
161.56 |
-0.78 |
Kenya |
KES |
87.10 |
-0.92 |
Mauritius |
MUR |
30.05 |
-0.92 |
Botswana |
BWP |
8.67 |
-0.81 |
Tanzania |
TZS |
1649.00 |
-3.58 |
Uganda |
UGX |
2523.00 |
+0.16 |
Rwanda |
RWF |
682.79 |
-0.99 |
Ghana |
GHS |
2.89 |
-18.03 |
BRVM |
XOF |
479.51 |
+0.14 |
Egypt |
EGP |
7.05 |
-1.48 |
Morocco |
MAD |
8.16 |
+0.23 |
Tunisia |
TND |
1.61 |
+1.79 |