FPC(+0.05%, $981k) traded 97% of the market turnover today closing at 2.50t the only counter woth mentioning.
A very dull day in Nairobi today with the market turnover down to a mere $2.3m. The NSE 20 share index was also down 0.35%. Foreign investor participation improved to 53.9% compared to yesterday’s 39.6%, accounting for 72.89% of total buying and 34.9% of total selling. Safaricom was the top mover on the back of active foreign buying. The counter however closed 1.94% lower at KES25.25.
The Semdex strengthened for the second consecutive day, rising 0.13% while volumes remain decent. Activity was spread across the board with the likes of MCBG (unch, Rs287.00), SBM (-0.5%, Rs7.90), NMH (unch, Rs23.00), Lux (unch, Rs62.50) and Terra (unch, 29.50) contributing to the strengthening of the index.
Half of today’s activity was dominated by Dangcem ($3.3mn) which had a number of crosses done by foreigners and Wapco ($2.0mn) which crossed 4m shares involving a foreign buyer and local seller. The banking Index closed in positive territory (+1.35%) sustained by Zenith (+3.51%, N23.30), Unity Bank (+3.45%, N0.60), GTB (+2.04%, N40.00) and Stanbic (+0.63%, N40.00). The consumer sector was also up sustained by gains in PZ (+4.00%, N26.00), Intbrew (+2.78%, N37.00), Nestle (+1.23%, N1,225) and NB (+0.30%, N166.00).
Please note that the index figure above is correct at the time of writing.
Things slowed down in Zimbabwe today with some activity in Innscor (178.08c, $863k) 45% of the market, after reporting 11% increase in net income for FY2017. Delta (278.56c, $694k) 36% of turnover and Padenga (90.13c, $127k) the major drivers on the bourse.
| 
             AFRICA STOCK EXCHANGE PERFORMANCE  | 
            
             CURRENCIES  | 
            |||||||||
| 
             Country  | 
            
             Index  | 
            
             28-Sep-17  | 
            
             YTD %  | 
            
             Notation  | 
            
             Currency  | 
            
             YTD %  | 
            ||||
| 
             Botswana  | 
            
             DCI  | 
            
             8924.89  | 
            
             -8.00%  | 
            
             BWP  | 
            
             10.31  | 
            
             3.53  | 
            ||||
| 
             Egypt  | 
            
             CASE 30  | 
            
             13888.51  | 
            
             12.51%  | 
            
             EGP  | 
            
             17.64  | 
            
             2.73  | 
            ||||
| 
             Kenya  | 
            
             NSE 20  | 
            
             3716.72  | 
            
             16.65%  | 
            
             GHS  | 
            
             4.41  | 
            
             -6.70  | 
            ||||
| 
             Malawi  | 
            
             Malawi All Share  | 
            
             19822.11  | 
            
             48.81%  | 
            
             KES  | 
            
             103.25  | 
            
             -0.76  | 
            ||||
| 
             Mauritius  | 
            
             SEMDEX  | 
            
             2229.99  | 
            
             23.31%  | 
            
             MAD  | 
            
             9.44  | 
            
             7.37  | 
            ||||
| 
             SEM 10  | 
            
             432.47  | 
            
             25.34%  | 
            
             MUR  | 
            
             33.89  | 
            
             6.12  | 
            |||||
| 
             Nigeria  | 
            
             Nigeria All Share  | 
            
             35429.31  | 
            
             31.83%  | 
            
             NGN  | 
            
             355.99  | 
            
             -11.17  | 
            ||||
| 
             Tanzania  | 
            
             TSI  | 
            
             3742.45  | 
            
             1.76%  | 
            
             RWF  | 
            
             846.18  | 
            
             -2.86  | 
            ||||
| 
             Zambia  | 
            
             LUSE All Share  | 
            
             4974.02  | 
            
             19.61%  | 
            
             TND  | 
            
             2.48  | 
            
             -6.83  | 
            ||||
| 
             Zimbabwe  | 
            
             Industrial Index  | 
            
             413.90  | 
            
             184.27%  | 
            
             TZS  | 
            
             2 235.10  | 
            
             -2.42  | 
            ||||
| 
             Mining Index  | 
            
             108.48  | 
            
             85.40%  | 
            
             UGX  | 
            
             3 598.86  | 
            
             -0.06  | 
            |||||
| 
             | 
            
             | 
            
             XOF  | 
            
             572.08  | 
            
             10.11  | 
            ||||||
| 
             | 
            
             | 
            
             ZAR  | 
            
             13.52  | 
            
             1.50  | 
            ||||||
| 
             | 
            
             | 
            
             *ZIM - OMIR  | 
            
             3.27  | 
            
             135.00  | 
            ||||||
| 
             | 
            
             | 
            
             *Zimbabwe Old Mutial Implied Rate  | 
            ||||||||