Movers & Shakers: February 29, 2016


Botswana: DCI +0.02%, USD 76k

Nothing to report from Gaborone.

Kenya: NSE 20 -0.24%, USD 2.5m

A quiet end to a quiet month in Kenya as the day never really got going. Foreigner participants were generally quiet and skewed to the sell side. The only real activity today took place in EABL (unch, KES268) and KNCB (-60bps, KES39.75) while many names hardly traded at all.

Mauritius: Semdex +0.24%, USD 480k

An exceptionally quiet day in Port Louis. The only real activity was some mild trading in NMH which regained some of last week's heavy losses as the hotel stock rose by 1.9% to Rs21.40.

Nigeria: ASI +1.41%, USD 7.4m

The Lagos bourse was on track for probably the quietest day on record until some very late crosses in Access Bank (local) helped volumes increase to $7.4m. Access Bank (+75bps, N4.05) accounted for almost 40% of the total market turnover. In normal trading we saw the banks rise by 43bps while the consumers fell by 45bps. Outside of the Access crosses the only decent volume went through in Zenith (-2.47%, N11.07). DangCem closed up 5% (N141.75) albeit on tiny volumes ahead of tomorrow's results announcement.

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

Zimbabwe: Industrials +0.10%, USD 38k

Nothing to report.

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

15.95

-3.00

Nigeria

NGN

199.20

0.05

Kenya

KES

101.64

0.65

Mauritius

MUR

35.93

-0.22

Botswana

BWP

11.44

-1.57

Tanzania

TZS

2189.00

-1.81

Uganda

UGX

3414.00

-1.23

Rwanda

RWF

764.66

-2.57

Ghana

GHS

3.90

-2.47

BRVM

XOF

614.69

0.65

Egypt

EGP

7.83

0.02

Morocco

MAD

9.90

0.27

Tunisia

TNF

2.05

-0.46

contacts
  • Kenya +254 (714) 646 406
  • South Africa +27 (11) 243 9030
  • Nigeria +234 (1) 342 9185

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