Bloomberg News

Sub-Sahara Africa Stocks: KenolKobil, Total Kenya Are Active

February 09, 2012

Feb. 9 (Bloomberg) -- Kenya’s All-Share Index rose for a third day, climbing 0.2 percent to 54.77 in Nairobi, the highest close since Jan. 19.

The Nigerian Stock Exchange All-Share Index fell for a third day, declining 0.3 percent to 20,631.38 at the close in Lagos, according to a statement on the bourse’s website. The FTSE/Namibia Overall Index weakened less than 0.1 percent to 937.27 in Windhoek. Mauritius’s SEMDEX Index was little changed at 1,833.10 at the close of trading.

The following were among the active equities in sub-Saharan Africa, excluding South Africa. Stock symbols are in parentheses.

Total Kenya Ltd. (TKNL KN), a local unit of Total SA, jumped 3.3 percent to 17 shillings, the highest close since Oct. 3. Oil rose for a third day as the number of Americans filing first-time unemployment claims unexpectedly declined and Greece’s political leaders struck a deal on a package of austerity measures.

KenolKobil Ltd. (KNOC KN), a Kenyan fuel retailer, rose 0.5 percent to 10.3 shilling, the highest close since Feb. 3.

--Editors: Peter Branton, Alex Nicholson

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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