‘Capital Markets’ Archives
Malawi Stock Market Commentary – Week Ending October 12, 2012
In Malawi, turnover decreased to MWK 10.1m from MWK 84.4m registered last week. Active counters during the week were Illovo, NICO, Sunbird and PCL (-1.6%, MWK 185). MASI lost 10 points on the back of decling PCL to close at 5,907.42 representing -0.1% w/w. The money market is attracting more investor interest than the stock market due to high [...]
Zambia Stock Market Commentary – Week Ending October 12, 2012
The LuSE index shed 0.08% to close at 3,724.7. Trades in Zanaco, representing 51.8% of turnover, dominated market activity. Zanaco was also the top gainer this week (+9.8%) to close at ZMK 180. Other counters that posted gains were Lafarge (+0.04%) to close at ZMK 8,010 and AELZ (+0.03%) to close at ZMK 3,403. BATZ was the top decliner (-5.7%) to [...]
BVRM Stock Market Commentary – Week Ending October 12, 2012
The IC Composite declined 0.9% to close the week at 147.0 on the back of losses in PALM CI (-7.7%), CFAO CI (-7.5%), and SOGB (-7.1%). During the week, gains were recorded in SODE (+6.8%), Total CI (+4.8%), and SITAB CI (+3.2%). The top traders by value were Sonatel SN (USD 1.3m), PALM CI (USD 0.4m), and SAPH (USD 0.2m). Trading in these shares [...]
Mauritius Stock Market Commentary – Week Ending October 12, 2012
In Mauritius this week the Semdex was flat at 1,697.19 on better than average turnover of MUR 279.4m. Drops in the Investment Holding Company (-0.5%) and Consumer (-0.1%) sectors were balanced by gains in the Industrial (+1.3%) and Hotel (+1.3%) sectors. The MUR weakened 1.3% versus the USD to MUR 31.00. The MUR also weakened against the EUR, [...]
Kenya Stock Market Commentary – Week Ending October 12, 2012
The FTSE NSE 15 edged up 0.35% to 116.8 this week. Notable among the top gainers was Diamond Trust Bank (+9.6% to KES 125) and Athi River Mining (+6.8% to KES 235). Longhorn Kenya continued on its bear run shedding 20% to KES 10.00 to become the week’s top decliner. EABL (flat at KES 235), Equity Bank (+1.1% to KES 23.25) and Kenya Airways [...]
Uganda Stock Market Commentary – Week Ending October 12, 2012
The USE ALSI declined 0.5% to close the week at 1,136.8 on the back of losses in cross listed Kenyan stocks. The Ugandan market has been closed most of the week, as the exchange is in the process of implementing new systems. In last Friday’s session, the traders by value were Stanbic Uganda (USD 27.5k), and Uganda Clays (USD 0.1k). The USE ALSI [...]
Tunisia Stock Market Commentary – Week Ending October 12, 2012
The Tunis ALSI declined 1.1% to close the week at 4,795.1 on the back of losses in Tunisie Leasing (-5.6%), Amen Bank (-3.6%), and TPR (-3.4%). During the week, gains were recorded in BTE (ADP) (+3.2%), Attijari Leasing (+3.0%), and Monoprix (+2.7%). The top traders by value were SOMOCER (USD 2.4m), Assad (USD 2.2m), and Poulina Group (USD 1.0m). [...]
Morocco Stock Market Commentary – Week Ending October 12, 2012
The MASI declined 1.8% to close the week at 9,354.8 on the back of losses in Alliances (-6.2%), Ciments Du Maroc (-5.9%), and Douja Prom Addoha (-5.3%). Maroc Telecom shed 4.0% to a 12m low, while banks (-0.4%) weighed down on the index. Attijariwafa Bank(-0.6%), BCP (-1.0%), and BMCE Bank BANK (-3.8%) all fell. During the week, gains were [...]
Rwanda Stock Market Commentary – Week Ending October 12, 2012
RSE turnover registered an increase from 107m last week to 218m this week. Top trader was Bralirwa generating 59% of total turnover while Bank of Kigali generated 41%. Bralirwa closed up 1.4% to RWF 432 while Bank of Kigali closed flat to RWF 130. In September 2012 the All Urban general (inflation) index is at 118.0, an increase of 0.22% over [...]
Zimbabwe Stock Market Commentary – Week Ending October 12, 2012
The ZSE Industrial index gained 2.3% to close the week at 154.1 on the back of gains in Dairibord (USD 0.19, +15.2%), CBZ Bank (USD 0.11, +6.1%), and Econet Wireless (USD 4.80, +5.5%). During the week, losses were recorded in National Foods Holdings (USD 1.32, -5.7%), Lafarge Zimbabwe (USD 0.85, -5.6%), and BAT (Zimbabwe, USD 4.45, -0.4%). The top [...]
Nigeria Stock Market Commentary – Week Ending October 12, 2012
The All Share Index crossed the 27,000 mark after closing 3.5% higher at 27,371.3. The rise came largely on the back of strong gains in the banking and consumer sectors. Fidelity Bank (+37.3%), Diamond (+25.9%), Dangote Sugar Refinery (+25.9%), and Sterling Bank (+24.5%) were among the top gainers, while Nigeria Flour Mills (-5.3%), Dangote Flour [...]
Namibia Stock Market Commentary – Week Ending October 12, 2012
The NSX Overall lost 1.0% w/w. Nictus Holdings SA topped the gainers’ list, up 6.1% w/w. Anglo American gained 4.3% and Oceana strengthened 2.9%. FirstRand was the biggest loser, falling 6.0%. Truworths and Sanlam both fell 4.4%. The NSX Local Index added 0.1% over the week. Namibia Breweries gained 0.3% w/w, Bidvest Namibia added 0.1% and FNB [...]
Botswana Stock Market Commentary – Week Ending October 12, 2012
The domestic equity board raked in BWP 12.9m this week. Barclays (flat, BWP 6.98) was the most actively traded counter generating 54% of turnover. FSG followed with a trade of shares valued at BWP 2.2m (17% of turnover). The DCI edged up by marginally to 7,416. Letshego (+3.6%, BWP 1.45) was the top gainer whereas Primetime (-2.6%, BWP 1.90) [...]
Egypt Stock Market Commentary – Week Ending October 12, 2012
The EGX30 gained 0.2% this week, mostly attributable to gains in CIB Egypt (+5.8%), which led the banking sector up 5.7%. EFG-Hermes gained 5.3% to help the sector upwards. Other gainers included Alex Spinning & Weaving (+12.0%), Heliopolis Housing (+11.3%), and National Development Bank (+9.9%). Notable decliners this week included Telecom [...]
Tanzania Stock Market Commentary – Week Ending October 12, 2012
The DAR ALSI this week edged up 0.02% to 1,457.9. YTD, the index is up 11.9%. Value traded this week declined by 70% to TZS 240m. CRDB Bank and NMB Bank were week’s most active counters, accounting for 36% and 31% respectively of the total turnover. The only gainer was Swissport, up 5.8% to TZS 1,460. There were no decliners. Vodacom Tanzania [...]
