Bloomberg News

Sub-Sahara Africa Stocks: Japaul Oil Nigeria, KenolKobil Kenya

June 27, 2012

The Nigerian Stock Exchange All- Share Index jumped 1.1 percent to 21,573.84 in Lagos, according to an e-mailed statement from the bourse.

The FTSE/Namibia Overall Index (FTN098) fell for a fifth day, retreating 0.7 percent to 890.59 in Windhoek. Kenya’s All-Share Index (NSEASI) rose for a second day, increasing 0.5 percent to 67.62 in Nairobi. Mauritius’s SEMDEX Index (SEMDEX) slid 0.5 percent to 1,775.74 in Port Louis.

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

Japaul Oil & Maritime Services Plc (JAPAULOI) , a Nigerian oil-services company, advanced 4.6 percent to 69 kobo, the highest since June 14, as oil in New York and London gained.

Total Kenya Ltd. (TKNL) , the local unit of Total SA (FP), jumped 3.7 percent to 15.60 shillings, as the company said it’s become the operator of a deepwater block offshore Kenya through a production-sharing contract with the government.

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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