Bloomberg News

Sub-Sahara Africa Stocks: Barclays Bank of Kenya, Total Kenya

May 17, 2012

Mauritius’s SEMDEX Index (SEMDEX) climbed for a fifth day, advancing 0.3 percent to 1,826.99 in Port Louis.

Kenya’s All-Share Index (NSEASI) rose 0.3 percent to 63.84 in Nairobi. The FTSE/Namibia Overall Index (FTN098) was little changed at 885.46 in Windhoek. The Nigerian Stock Exchange All-Share Index (NGSEINDX) was little changed at 22,518.46 in Lagos, according to data compiled by Bloomberg.

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

Barclays Bank of Kenya Ltd. (BCBL KN), the nation’s third- largest lender by market value, gained 3.1 percent to 13.45 shillings, the most since Feb. 16, after first-quarter net income advanced 29 percent.

Total Kenya Ltd. (TKNL) , the local unit of Total SA (FP), increased 1.5 percent to 16.8 shillings. Oil climbed from a six- month low in New York as Enbridge Inc. and Enterprise Products Partners LP prepared to reverse flows on their Seaway pipeline, easing a glut in the central U.S.

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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