Nothing to report.
The Kenyan market feels like it is already on holiday with a lack of interest perpetuating throughout the market. The only decent action went through yet again in Safcom (+1.3%, KES19.00) as the telco finally found some buying interest returning.
Once again MCBG (+40bps, Rs214.00) accounted for about half the total turnover while the market itself remains generally sluggish.
Another pathetic day in Lagos with some big local action in the little-traded Nascon the highlight of the day. In normal trading we didn’t see any stocks crack the psychological $1m barrier yet again while the market remains rudderless. The main interest today outside of Nascon took place in UBA (unch, N4.50) and Zenith Bank (+7bps, N14.40).
Please note that the index figure above is correct at the time of writing.
A very slow start to the week in Harare with nothing to report.
| 
             Country  | 
            
             Notation  | 
            
             Currency  | 
            
             YTD %  | 
        
| 
             South Africa  | 
            
             ZAR  | 
            
             14.06  | 
            
             10.00  | 
        
| 
             Nigeria  | 
            
             NGN  | 
            
             315.13  | 
            
             -36.76  | 
        
| 
             Kenya  | 
            
             KES  | 
            
             102.25  | 
            
             0.05  | 
        
| 
             Mauritius  | 
            
             MUR  | 
            
             36.95  | 
            
             -0.28  | 
        
| 
             Botswana  | 
            
             BWP  | 
            
             10.84  | 
            
             3.42  | 
        
| 
             Tanzania  | 
            
             TZS  | 
            
             2176.60  | 
            
             -1.25  | 
        
| 
             Uganda  | 
            
             UGX  | 
            
             3576.50  | 
            
             -5.72  | 
        
| 
             Rwanda  | 
            
             RWF  | 
            
             822.00  | 
            
             -9.37  | 
        
| 
             Ghana  | 
            
             GHS  | 
            
             4.22  | 
            
             -9.99  | 
        
| 
             BRVM  | 
            
             XOF  | 
            
             631.80  | 
            
             -2.10  | 
        
| 
             Egypt  | 
            
             EGP  | 
            
             18.92  | 
            
             -58.64  | 
        
| 
             Morocco  | 
            
             MAD  | 
            
             10.18  | 
            
             -2.43  | 
        
| 
             Tunisia  | 
            
             TNF  | 
            
             2.32  | 
            
             -11.90  |