An uneventful day in Gaborone today with small activity in Letshego.
Market turnover on the Nairobi bourse improved after political uncertainty subsiding with foreigners dominating the selling with 84.0% and the buy with 52.8% of the market. Safcom (-2.00%, KES24.50) dominated proceedings accounting for 77% of total market turnover. Equity (unch, KES40.00) was the only other name to break the $1m mark with both Safcom and Equity being dictated by overseas purchasers.
The market traded slightly higher today, as MCBG(+0.8%, Rs278.50) and SBMH (-0.3%, Rs7.38) led the proceedings. While indices closed all on the upside with the Semdex reaching 2,197.97 points (+0.04%) and the SEM-10 at 420.89 points (+0.14%).
Not much improvement from yesterday’s dealings seeing the financial sector up 0.45% while the consumers depreciated 0.66%. NB (-0.61%, N144.10) was almost a third of market turnover, Cadbury (+0.68%, N10.35) and GTB (+0.67%, N42.03) were the major movers on a slow day at the bourse.
Please note that the index figure above is correct at the time of writing.
The industrial index recovered to close the day 3.26 points firmer with turnover at $4.31m. Econet was 50% of turnover followed by OML, Simbisa and FML.
AFRICA STOCK EXCHANGE PERFORMANCE | CURRENCIES | ||||||||||
Country | Index | 7-Nov-17 | YTD % | Country | Notation | 7-Nov-17 | YTD % | ||||
Botswana | DCI | 8891.75 | -8.34% | Botswana | BWP | 10.58 | 0.85 | ||||
Egypt | CASE 30 | 14057.56 | 13.88% | Egypt | EGP | 17.65 | 2.71 | ||||
Kenya | NSE 20 | 3788.84 | 18.91% | Ghana | GHS | 4.42 | -7.01 | ||||
Malawi | MASI | 20251.32 | 52.03% | Kenya | KES | 103.60 | -1.09 | ||||
Mauritius | SEMDEX | 2197.97 | 21.54% | Morocco | MAD | 9.55 | 6.03 | ||||
SEM 10 | 420.89 | 21.98% | Mauritius | MUR | 34.40 | 4.56 | |||||
Morocco | MASI | 12 459.31 | #VALUE! | Nigeria | NGN | 360.25 | -12.47 | ||||
Nigeria | NSI | 37013.57 | 37.73% | Rwanda | RWF | 840.98 | -2.26 | ||||
Tanzania | TSI | 3833.73 | 4.24% | Tunisia | TND | 2.53 | -8.48 | ||||
Rwanda | RSI | 134.06 | 5.34% | Tanzania | TZS | 2,244.00 | -2.81 | ||||
Uganda | USE ALSI | 1750.43 | 18.48% | Uganda | UGX | 3,639.53 | -1.18 | ||||
Zambia | LUSE All Share | 4998.00 | 20.19% | BRVM | XOF | 591.47 | 6.51 | ||||
Zimbabwe | Industrial Index | 527.49 | 262.29% | South Africa | ZAR | 14.17 | -3.02 | ||||
Mining Index | 135.38 | 131.38% | Zimbabwe | *OMIR | 5.66 | 315.06 | |||||
*Zimbabwe Old Mutial Implied Rate |