Business / Companies
Closing Market Summaries – 28 July 2011
30 Jul 2011 at 02:26hrs | Views
BOTSWANA – The DCI inched up 0.15% to 7,175.17 points. Market activity continued recovering as it rose more than tenfold with 1.72m shares valued at USD 860,227 being traded. 926,060 Turnstar shares changed hands while Sechaba accounted for 41.76% of turnover. The former was also the sole loser, down 2.14% while Wilderness (+11.43%), Barclays Bank (+0.31%) and G4S (+0.26%) closed in the black.
BRVM – Both the BRVM 10 and the BRVM Composite gave up 0.08% to close at 174.16 and 150.09 points respectively. Activity levels were about a quarter of what was witnessed on Tuesday as 12,919 shares valued at USD 70,715 were traded. ETI and Sonatel led market activity with the former moving 12,096 shares while the latter accounted for 53.81% of value. BOA CI (+3.33%), SGB (+2.30%), SDA (+0.72%) and SMB (+0.07%) closed firmer. On the losing end were Bernabe (-9.30%), Setao (-7.47%), Filtisac (-3.43%) and Sonatel (-0.34%).
GHANA – The GSE-CI lost 121 basis points to close at 1,166.24. Both volumes and value traded plummeted to 200,700 shares (-84.91%) and USD 147,634 (-64.66%) respectively. Starwin Products contributed 27.40% of volumes while Standard Chartered Bank accounted for 51.45% of value. The latter closed 3.23% softer alongside ETI (-6.67%), HFC Bank (-2.94%) and SG-SSB (-2.00%). MLC (+11.11%), PBC (+3.70%) and Ecobank Ghana (+0.57%) closed in the black.
KENYA – Both the NASI and the NSE-20 softened to 84.65 (-0.88%) and 3,733.34 (-0.96%) points respectively. Volumes fell by 5.37m to 13.91m shares while turnover at USD 2.62m was about a third of Tuesday's levels. Equity Bank was the most heavily traded counter, accounting for 40.32% of volumes and 55.97% of turnover. The ratio of gainers to losers plunged to 6:29 from Wednesday's 15:16. Notable gainers were Standard Group (+5.26%), Car & General (+3.57%), Jubilee Holdings (+3.49%), Trans-Century (+0.59%) and CMC Holdings (+0.47%). The bottom five stocks were Scangroup (-7.54%), Express Kenya (-7.29%), Sameer Africa (-6.67%), Total (-6.12%) and CFC Stanbic Bank (-4.59%).
MALAWI – Both the MASI and the DSI remained unchanged at 4,992.90 and 3,887.14 points respectively. 156,822 shares valued at USD 12,692 changed hands with NBS Bank moving 100,000 shares valued at USD 6,657. There were no price changes.
MAURITIUS – The Semdex and the Sem-7 slid further to 2,023.22 (-0.40%) and 376.02 (-0.32%) points respectively. Volumes slumped 29.47% to 365,218 shares with Caudan contributing 21.22%. Value traded also contracted to USD 830,337 (-8.02%) with MCB accounting for 53.83% of the total. Innodis was the sole gainer, up 0.26% while laggards were Go Life (-8.33%), Fincorp (-5.20%), Caudan (-2.63%), Naiade Resorts (-1.27%) and Air Mauritius (-1.13%).
NAMIBIA - The overall and local indices went in opposite directions to close at 833.57 (-0.76%) and 188.35 (+0.35%) points respectively. Volumes more than halved for the second straight day to 59,858 shares with Firstrand contributing 42.20%. In the same vein, value traded plunged 73.83% to USD 376,890 with Standard Bank accounting for 72.09% of the total. The gainers chart was made up of Namibia Breweries (+1.43%), Shoprite (+0.38%), Trans Hex (+0.30%) and Vukile (+0.28%). Losers were anchored by Paladin Energy (-1.67%), Investec (-1.46%), Nedbank (-1.44%), Sanlam (-1.16%) and Anglo-American (-1.08%).
NIGERIA – The ASI gave up an additional 44 basis points to close at 23,906.97. In the absence of the heavy trading witnessed in Transcorp on Tuesday, volumes pulled back to 175.40m shares while turnover declined by USD 0.88m to USD 11.08m. Zenith Bank was the most liquid counter, contributing 14.32% to volumes and 22.18% to turnover. However, the ratio of gainers to losers marginally improved to 16:28 from Wednesday's 17:33. PZ Cussons was the day's top gainer, up 4.99%, following the release of its FY 11 results in which it proposed a DPS of 86 kobo (0.57 US cents) and a 1 for 4 bonus. Other top gainers were Eterna Oil (+4.88%), Red Star Express (+4.86%) and Afromedia (+3.92%). Anchoring the losers were Dangote Sugar (limit down), Unity Bank (-4.94%), FCMB (-4.91%) and C&I Leasing (-4.81%)
RWANDA – Activity at the RSE picked up from its recent lows as 389,300 Bralirwa shares worth USD 158,978 changed hands in 13 deals. It closed 2.08% firmer. There were no other price changes.
TANZANIA – The TSI and the DSEI continued trading flat at 1,063.68 and 1,269.57 points respectively. Volumes at 300,901 shares were less than a third of Tuesday's total while contrastingly, turnover more than doubled to USD 329,142. TCC was the most liquid counter, accounting for half of volumes and 88.30% of turnover. There were no gainers or losers.
UGANDA – The USE ALSI ended the day at 1,030.01 points, down 0.69%. Volumes and value traded at 128,195 shares and USD 12,293 respectively, were less than a third of Tuesday's levels. Bank of Baroda continued dominating market activity as it moved 100,200 shares worth USD 11,307. Gainers were Uganda Clays (+1.85%), NMG (+1.79%), KCB (+0.76%) and Jubilee Holdings (+0.30%). Laggards were Centum Investment (-11.09%), SBU (-3.33%), Kenya Airways (-0.95%), Equity Bank (-0.29%) and EABL (-0.28%).
ZAMBIA – The LuSE ALSI shed 23 basis points to close at 4,016.57. Volumes were down 1.14m to 5.17m shares while conversely, value traded rose a marginal 5.50% to USD 239,907. Zambia Sugar dominated trading, moving 5m shares worth USD 228,077. There were no gainers while losers were Standard Chartered Zambia (-0.99%), CEC (-0.86%), Zambeef (-0.38%) and First Quantum Minerals (-0.14%).
ZIMBABWE – While the mining index closed flat at 160.17 points, the industrial index inched up 0.23% to 163.25. Volumes more than doubled to 13m shares with Gulliver contributing 19.46% while similarly, value traded improved to USD 1.55m (+58.69%) with Delta accounting for 22.66%. Leading gainers were Nicoz (+15.00%), Afdis (+9.09%), Willdale (+6.67%), Delta (+2.68%) and Meikles (+2.14%). Losers were anchored by Powerspeed (-16.67%), ZPI (-11.76%), Econet (-2.00%) and Dairibord (-1.14%).
BRVM – Both the BRVM 10 and the BRVM Composite gave up 0.08% to close at 174.16 and 150.09 points respectively. Activity levels were about a quarter of what was witnessed on Tuesday as 12,919 shares valued at USD 70,715 were traded. ETI and Sonatel led market activity with the former moving 12,096 shares while the latter accounted for 53.81% of value. BOA CI (+3.33%), SGB (+2.30%), SDA (+0.72%) and SMB (+0.07%) closed firmer. On the losing end were Bernabe (-9.30%), Setao (-7.47%), Filtisac (-3.43%) and Sonatel (-0.34%).
GHANA – The GSE-CI lost 121 basis points to close at 1,166.24. Both volumes and value traded plummeted to 200,700 shares (-84.91%) and USD 147,634 (-64.66%) respectively. Starwin Products contributed 27.40% of volumes while Standard Chartered Bank accounted for 51.45% of value. The latter closed 3.23% softer alongside ETI (-6.67%), HFC Bank (-2.94%) and SG-SSB (-2.00%). MLC (+11.11%), PBC (+3.70%) and Ecobank Ghana (+0.57%) closed in the black.
KENYA – Both the NASI and the NSE-20 softened to 84.65 (-0.88%) and 3,733.34 (-0.96%) points respectively. Volumes fell by 5.37m to 13.91m shares while turnover at USD 2.62m was about a third of Tuesday's levels. Equity Bank was the most heavily traded counter, accounting for 40.32% of volumes and 55.97% of turnover. The ratio of gainers to losers plunged to 6:29 from Wednesday's 15:16. Notable gainers were Standard Group (+5.26%), Car & General (+3.57%), Jubilee Holdings (+3.49%), Trans-Century (+0.59%) and CMC Holdings (+0.47%). The bottom five stocks were Scangroup (-7.54%), Express Kenya (-7.29%), Sameer Africa (-6.67%), Total (-6.12%) and CFC Stanbic Bank (-4.59%).
MALAWI – Both the MASI and the DSI remained unchanged at 4,992.90 and 3,887.14 points respectively. 156,822 shares valued at USD 12,692 changed hands with NBS Bank moving 100,000 shares valued at USD 6,657. There were no price changes.
MAURITIUS – The Semdex and the Sem-7 slid further to 2,023.22 (-0.40%) and 376.02 (-0.32%) points respectively. Volumes slumped 29.47% to 365,218 shares with Caudan contributing 21.22%. Value traded also contracted to USD 830,337 (-8.02%) with MCB accounting for 53.83% of the total. Innodis was the sole gainer, up 0.26% while laggards were Go Life (-8.33%), Fincorp (-5.20%), Caudan (-2.63%), Naiade Resorts (-1.27%) and Air Mauritius (-1.13%).
NAMIBIA - The overall and local indices went in opposite directions to close at 833.57 (-0.76%) and 188.35 (+0.35%) points respectively. Volumes more than halved for the second straight day to 59,858 shares with Firstrand contributing 42.20%. In the same vein, value traded plunged 73.83% to USD 376,890 with Standard Bank accounting for 72.09% of the total. The gainers chart was made up of Namibia Breweries (+1.43%), Shoprite (+0.38%), Trans Hex (+0.30%) and Vukile (+0.28%). Losers were anchored by Paladin Energy (-1.67%), Investec (-1.46%), Nedbank (-1.44%), Sanlam (-1.16%) and Anglo-American (-1.08%).
NIGERIA – The ASI gave up an additional 44 basis points to close at 23,906.97. In the absence of the heavy trading witnessed in Transcorp on Tuesday, volumes pulled back to 175.40m shares while turnover declined by USD 0.88m to USD 11.08m. Zenith Bank was the most liquid counter, contributing 14.32% to volumes and 22.18% to turnover. However, the ratio of gainers to losers marginally improved to 16:28 from Wednesday's 17:33. PZ Cussons was the day's top gainer, up 4.99%, following the release of its FY 11 results in which it proposed a DPS of 86 kobo (0.57 US cents) and a 1 for 4 bonus. Other top gainers were Eterna Oil (+4.88%), Red Star Express (+4.86%) and Afromedia (+3.92%). Anchoring the losers were Dangote Sugar (limit down), Unity Bank (-4.94%), FCMB (-4.91%) and C&I Leasing (-4.81%)
RWANDA – Activity at the RSE picked up from its recent lows as 389,300 Bralirwa shares worth USD 158,978 changed hands in 13 deals. It closed 2.08% firmer. There were no other price changes.
TANZANIA – The TSI and the DSEI continued trading flat at 1,063.68 and 1,269.57 points respectively. Volumes at 300,901 shares were less than a third of Tuesday's total while contrastingly, turnover more than doubled to USD 329,142. TCC was the most liquid counter, accounting for half of volumes and 88.30% of turnover. There were no gainers or losers.
UGANDA – The USE ALSI ended the day at 1,030.01 points, down 0.69%. Volumes and value traded at 128,195 shares and USD 12,293 respectively, were less than a third of Tuesday's levels. Bank of Baroda continued dominating market activity as it moved 100,200 shares worth USD 11,307. Gainers were Uganda Clays (+1.85%), NMG (+1.79%), KCB (+0.76%) and Jubilee Holdings (+0.30%). Laggards were Centum Investment (-11.09%), SBU (-3.33%), Kenya Airways (-0.95%), Equity Bank (-0.29%) and EABL (-0.28%).
ZAMBIA – The LuSE ALSI shed 23 basis points to close at 4,016.57. Volumes were down 1.14m to 5.17m shares while conversely, value traded rose a marginal 5.50% to USD 239,907. Zambia Sugar dominated trading, moving 5m shares worth USD 228,077. There were no gainers while losers were Standard Chartered Zambia (-0.99%), CEC (-0.86%), Zambeef (-0.38%) and First Quantum Minerals (-0.14%).
ZIMBABWE – While the mining index closed flat at 160.17 points, the industrial index inched up 0.23% to 163.25. Volumes more than doubled to 13m shares with Gulliver contributing 19.46% while similarly, value traded improved to USD 1.55m (+58.69%) with Delta accounting for 22.66%. Leading gainers were Nicoz (+15.00%), Afdis (+9.09%), Willdale (+6.67%), Delta (+2.68%) and Meikles (+2.14%). Losers were anchored by Powerspeed (-16.67%), ZPI (-11.76%), Econet (-2.00%) and Dairibord (-1.14%).
Source - Imara
