Bloomberg News

Sub-Sahara Africa Stocks: Oando Nigeria; Total Kenya Advance

October 10, 2011

Oct. 10 (Bloomberg) -- Kenya’s All-Share Index rose for the first day in four, climbing 0.4 percent to 56.49 by the 3 p.m. close in Nairobi, the capital.

In Mauritius, the Semdex Index slid 0.1 percent to 1,884.59 by the 1:30 p.m. close in Port Louis. The Nigerian Stock Exchange All-Share Index retreated 0.6 percent to 20,106.08 by the 2:30 p.m. close in Lagos, according to a statement on the bourse’s website. The Ghana Stock Exchange Composite Index retreated for a sixth day, weakening 0.3 percent to 1,010.72 by the 3 p.m. close in Accra. Namibia’s FTSE/Namibia Overall Index advanced for a fourth day, gaining 2.1 percent to 801.36 by the 4 p.m. close in Windhoek.

The following shares rose or fell in sub-Saharan Africa, excluding South Africa. Stock symbols are in parentheses.

Oando Plc (OANDO NL), a Nigerian oil company, advanced 70 kobo, or 2.8 percent, to 26.20 naira. Oil rose for a fourth day in New York as the leaders of Germany and France pledged to stem the European sovereign-debt crisis.

Total Kenya Ltd. (TKNL KN), Total SA’s Kenyan unit, climbed 35 cents, or 2.2 percent, to 16.5 shillings.

--Editors: Robert Valpuesta, Peter Branton.

To contact the reporter on this story: Chris Kay in Abuja at ckay5@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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