A dull day in Gaborone with nothing of note to report.
The EGX30 managed to end the day on a positive note to close up 59bps on good volumes. After a slow start to trade at a low of 8,482.32 points, the market managed to pick some of its bullish appetite. The real estate sector was the main driver for the positive move with PHDC (+3.12%) leading market volumes as it broke the EGP4.50 resistance level. HELI and TMGH followed suit gaining 7.58% and 1.49% respectively. Locals continued their optimism pushing the market to breach the 8,600 level. HRHO (+3.45%) traded three times the average turnover as the company announced today that it aims to expand the financing activities and debt consultancy through an alliance with Tharwa Capital. GTHE (+2.45%) stated that it is studying the sale options for the Wind Mobile Canada unit. ACTIS sold the remaining 6.5% stake in COMI (+1.08%).
Nothing much happened in Nairobi today as foreign participation as well as total turnover were both markedly lower. Equity Bank took a bath as foreign selling pushed the name down by 3.2% to KES 37.75. The bank was also the most actively traded stock on the day. Safcom gained 1.2% to KES 14.90 on the back of renewed foreign interest while KCB closed unchanged at KES 46.75. EABL slid by 70bps to KES 295 albeit on really low volumes.
A chunky cross in SBM was the main highlight in today’s session. In total, more than $4.5m changed hands in SBM as the bank closed unchanged at Rs1.05 while MCBG rose by 47bps to Rs215.00. Elsewhere in the Sem-7 we saw terra rise by 28bps to Rs36.20.
A rather dull start to the week in Lagos. Banks ended the day marginally soft with performance generally mixed across Tier 1 and Tier 2 names although its also worth remembering that FCMB traded down due to dividend mark down. There were some chunky crosses in Zenith Bank, Access Bank and FBNH. The consumers ground higher by 43bps led by continuing strength in NB (+89bps, N164.50) while Nestle saw decent volume (+9bps, N1076).
Please note that the index figure above is correct at the time of writing.
Nothing much to note in Harare except for 1 reasonable trade in Econet (both sides foreign). Among the heavyweights that dragged the index down we saw Seedco lose 6.7% to 70c which was the main reason for the index softness. Outside of the Econet cross though there was nothing much of interest to note.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
10.38 |
+1.00 |
Nigeria |
NGN |
162.55 |
-1.38 |
Kenya |
KES |
87.73 |
-1.62 |
Mauritius |
MUR |
30.12 |
-0.23 |
Botswana |
BWP |
8.69 |
-0.59 |
Tanzania |
TZS |
1651.00 |
-3.72 |
Uganda |
UGX |
2525.31 |
+0.07 |
Rwanda |
RWF |
681.51 |
-0.81 |
Ghana |
GHS |
2.94 |
-19.25 |
BRVM |
XOF |
478.32 |
+0.38 |
Egypt |
EGP |
7.11 |
-2.38 |
Morocco |
MAD |
8.19 |
-0.08 |
Tunisia |
TND |
1.62 |
+1.52 |