An absolutely woeful day in Gaborone.
Another sub-par day from an activity point of view in Nairobi as foreigners accounted for 88% of total sales. A decent cross in EABL (local buyer/ foreign seller) was the highlight of the day as 747k shares traded in the brewer. A foreign cross in the usually illiquid CFC Stanbic also helped boost activity as 1.4m shares traded. The two major banking stocks continued to come under pressure with KNCB falling -1.2% while EQBNK fell -3.6%.
Some chunky crosses went through today in Rockcastle (-2.3%, Rs2.12) after news of its addition to the MSCI index. The rest of the market was generally uneventful.
Crosses in Zenith ($7.8m) and Seplat ($6.6m) were the highlight of the day while there was also some action in GTB ($1.5m) and NB ($1m). Banks managed to close in positive territory with the sector gaining +0.77% thanks to ETI (+3.41%) and UBA (+2.44%). Guinness (-1.67%) and NB (-2.44%) were drags on consumers as the sector closed -0.08% lower.
Please note that the index figure above is correct at the time of writing.
The index took a big knock today with the lion’s share of the action taking place in Delta (80.99c).
| Country | Notation | Currency | YTD % | 
| South Africa | ZAR | 14.34 | -19.32 | 
| Nigeria | NGN | 198.96 | -7.80 | 
| Kenya | KES | 102.43 | -11.55 | 
| Mauritius | MUR | 36.07 | -11.98 | 
| Botswana | BWP | 10.81 | -11.99 | 
| Tanzania | TZS | 2,153.00 | -19.51 | 
| Uganda | UGX | 3,473.00 | -20.21 | 
| Rwanda | RWF | 764.00 | -9.71 | 
| Ghana | GHS | 3.82 | -15.77 | 
| BRVM | XOF | 621.02 | -12.70 | 
| Egypt | EGP | 7.82 | -8.64 | 
| Morocco | MAD | 9.98 | -8.92 | 
| Tunisia | TND | 2.03 | -8.35 |