Movers & Shakers: May 30, 2017

Botswana: DCI unch, USD 66k

Another day of "nothingness" in Gaborone.

Kenya: NSE 20 unch, USD 3.7m

Another dull day in Nairobi as all the attentioned seemed to be focused on the Nigerian bourse with some action in Safcom ($2m) the only name worth mentioning from an activity point of view with the telco closing -2.3% lower on foreign selling pressure. Both EQBNK (+2.7%) and KNCB (+0.7%) closed the day higher on low volume.

Mauritius: Semdex +0.50%, USD 1.1m

MCB was extremely strong today as it rebounded by 2.5% to Rs248.00 and the banking group also accounted for the lion’s share of the trading volumes. The rest of the market was dull.

Nigeria: ASI +0.74%, USD 24m

A very impressive day on the activity front in Lagos thanks to some chunky crosses in the likes of GTB ($8.9m), Zenith ($4.4m), DangCem ($2.3m), UBA ($1.5m) and Access ($1.4m). Banking stocks had solid day, although it must be said that there was a sell-off from the day's highs into the close as the sector closed +2.17% higher thanks to Access (+4.08%) and UBA (+2.93%). Consumers (+0.33%) also closed in positive territory ono low volume.

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

Zimbabwe: Industrials +0.50%, USD 268k

The market open was delayed by a few hours due to a technical glitch, and as such, there was no decent activity worth reporting on.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

13.13

4.67

Nigeria

NGN

324.50

-2.83

Kenya

KES

103.40

-0.86

Mauritius

MUR

34.82

3.31

Botswana

BWP

10.31

3.63

Tanzania

TZS

2236.00

-2.46

Uganda

UGX

3605.46

-0.25

Rwanda

RWF

827.94

-0.72

Ghana

GHS

4.29

-1.28

BRVM

XOF

589.27

6.90

Egypt

EGP

18.12

0.10

Morocco

MAD

9.76

3.75

Tunisia

TND

2.46

-6.16
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