Daily Market Commentary - March 1, 2016

Nigeria (NGSE)

The Nigerian bourse extended gains to the 4th trading session as the All Share Index (ASI) gained 1.1% today to close at 24,838.31 points. Similarly, market capitalization appreciated N92.1bn to close at N8.5tn. Today's market performance was broadly driven by appreciations in DANGCEM, ETI and PZ which all gained 5.0% apiece. Market activities however softened as volume and value traded shed 65.8% and 26.1% to close at 159.7m units and N1.1bn respectively.

Ghana (GSE)

The GSE Composite Index gained 1.00 points to close at 1,982.13 representing a year-to-date loss of 0.64 %. A total of 142,641 shares valued at GH¢314,751.53 were traded.

Twelve equities traded with five losers and no gainer.

EGL, GCB, TLW and UT lost one pesewa to close at GH¢2.41, GH¢ 3.70, GH¢27.92 and GH¢0.11 per share respectively, whilst HFC lost three pesewas to close at GH¢1.00 per share.

BRVM

La BRVM a clôturé sa séance du mardi 1er mars 2016 en hausse par rapport à la séance précédente. L’indice BRVM 10 est passé de 281,39 à 282,85 points, soit une progression de 0,52%. L’indice BRVM Composite, pour sa part, a gagné 0,32% à 303,93 points contre 302,97 points précédemment.

1. La valeur des transactions s’est établie à 830,79 millions de FCFA contre 1,91 milliard de FCFA le lundi dernier.
2. La capitalisation boursière du marché des actions se chiffre à 7 499,80 milliards de FCFA. Celle du marché obligataire s’élève à 1 734,42 milliards de FCFA.
3. Le titre le plus actif en volume est Ecobank Transnational Incorporated TG avec 127 746 actions échangées. Le titre le plus actif en valeur est SONATEL SN avec 204,66 millions de FCFA de transactions.

Zimbabwe (ZSE)

The ZSE Industrial index gained a further 0.28 points (0.28%) to close at 99.78 points. DELTA (DLTA.zw) was the only counter trading in the positive territory adding $0.0100 to settle at $0.5500 while COLCOM (COLC.zw), OLD MUTUAL (OML.zw) and PADENGA (PHL.zw) traded unchanged at $0.1450, $1.8000 and $0.0600 in that order.

However, INNSCOR (INN.zw) shed $0.0040 to close at $0.1800; FIRST MUTUAL (FML.zw) slipped $0.0020 to $0.0200 while BARCLAYS (BARC.zw) shifted down $0.0010 to trade at $0.0330.

The Mining index was flat at 19.14 points. BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) maintained previous price levels at $0.0095, $0.0050, $0.0300 and $0.1040 respectively.

Kenya (NSE)

The NSE-20 and NSE-25 gained 21.77pts and 0.33pts to close at 3,884.01 and 4,087.23 respectively. The NASI however dropped 0.23pts to close at 141.80. Market capitalization came off slightly by 0.17% to close at KES 1,996.84bn (USD 19.64bn). The number of shares traded surged by 50.51% to 13.18m. The total turnover as well closed significantly higher at KES 456.89m (USD 4.49m) being a 79.51% increment. The bond turnover leapt by 192.75% to close at KES 5.278bn (USD 51.91m).

Carbacid Investments gained 7.6% to close at KES 14.90 as the day’s highest gainer. Unga Group was the top decliner losing 9.1% to close at KES 35.00. Safaricom was the day’s top mover having traded 4.32m shares which accounted for 33% of total shares traded.

Tanzania (DSE)

Today, DSE recorded a total turnover of TZS 1,167.66 mln from 1,479,393 shares traded in 79 deals compared to the previous session which recorded a turnover of TZS 291.55 mln from 72,370 shares traded in 56 deals.

CRDB counter had 1,384,315 shares traded at weighted average price of TZS 400 per share in 44 deals. NMB counter had 3,350 shares traded at weighted average price of TZS 2,000 per share in 6 deals. MBP counter had 160 shares traded at weighted average price of TZS 600 per share in 1 deal. SWISSPORT counter had 1,088 shares traded at weighted average price of TZS 6,970 per share in 6 deals. SWALA counter had 780 shares traded at weighted average price of TZS 500 per share in 1 deal. TBL counter had 37,850 shares traded at weighted average price of TZS 14,700 per share in 16 deals. TOL counter had 50,000 shares traded at weighted average price of TZS 800 per share in 1 deal. TPCC counter had 1,850 shares traded at weighted average price of TZS 2,940 per share in 4 deals.