Some solid action in Sechaba (665k shares) completely dominated proceedings in Gaborone today.
A very impressive day in Nairobi with EABL (unch) finally breaking the strangle hold that Safcom has had on volume as $4m worth of stock changed hands in the brewer. There was also some solid activity in Safcom ($3.6m) with local sellers pushing the telco -1.1% lower. Banking stocks Co-op ($1.5m) and KNCB ($1.4m) also saw some decent local activity today.
MCBG’s rally continues to trundle along as the baking giant reached yet another all-time high. The stock closed at Rs260.00 (+1.2%). The name also accounted for the bulk of the trading turnover as per usual.
A rather dull day in Lagos with no crosses of any significance. Activity was dominated by the likes of Zenith ($3.3m), NB ($3.3m) and DangCem ($1m). Banking stocks ended the day -0.68% lower with Zenith (-1.87%) being the major drag on the sector. Consumers closed +1.06% higher thanks to NB (+1.82%).
Please note that the index figure above is correct at the time of writing.
The rally finally took a breath today with the index slipping by 18bps while volumes remain relatively robust, although still heavily dominated by locals.
Country |
Notation |
Currency |
YTD % |
South Africa |
ZAR |
13.08 |
5.14 |
Nigeria |
NGN |
324.63 |
-2.86 |
Kenya |
KES |
103.58 |
-1.03 |
Mauritius |
MUR |
34.86 |
3.23 |
Botswana |
BWP |
10.29 |
3.63 |
Tanzania |
TZS |
2237.00 |
-2.50 |
Uganda |
UGX |
3591.50 |
0.14 |
Rwanda |
RWF |
840.00 |
-2.14 |
Ghana |
GHS |
4.41 |
-3.97 |
BRVM |
XOF |
590.31 |
6.71 |
Egypt |
EGP |
18.10 |
0.23 |
Morocco |
MAD |
9.80 |
3.36 |
Tunisia |
TND |
2.48 |
-6.75 |