Markets and Commodity figures

26 July 2017
Price Price MKT Cap Shares in
Company Ticker Sector Country US$ Change* US$Mn P/E Issue Mn

SAB Miller SAB SJ Beverages South Africa 61.03 1.8% 98 291.58 34.8 1 610.6
Anglo American AGL SJ Mining South Africa 14.22 -2.3% 18 175.61 -8.7 1 278.5
Sasol SOL SJ Oil & gas South Africa 28.35 -1.1% 18 465.07 8.8 651.4
MTN Group MTN SJ Telecommunications South Africa 9.58 4.0% 17 216.17 16.7 1 797.2
Standard Bank SBK SJ Banking & finance South Africa 12.27 6.4% 19 585.16 11.5 1 596.6
Anglo Platinum AMS SJ Mining South Africa 24.00 1.3% 6 440.19 130.3 268.3
ANGLOGOLD ASHANTI LTD ANG SJ Mining South Africa 9.59 -1.5% 3 915.53 -81.9 408.2
Tullow Oil plc TLW GN Oil & gas Ghana 4.07 0.2% 3 711.26 381.7 911.4
Maroc Telecom IAM MC Telecommunications Morocco 14.41 -1.1% 12 664.25 20.7 879.1
DANGOTE CEMENT PLC DANG NL Building Materials Nigeria 0.62 -3.4% 10 555.56 17.0 17 040.5
Orascom Construction OCIC EY Construction Egypt 12.17 0.3% 2 517.77 74.0 206.9
Attijariwafa Bank ATW MC Banking & finance Morocco 46.77 1.1% 9 518.83 16.7 203.5
Nigerian Breweries NB NL Breweries Nigeria 0.98 -1.7% 7 385.83 28.4 7 562.6
Banque Marocaine du Commerce BCE MC Banking & finance Morocco 21.77 3.1% 3 907.43 16.4 179.5
Telecom Egypt ETEL EY Telecommunications Egypt 0.61 6.5% 1 034.42 8.1 1 707.1
VODAFONE EGYPT VODE EY Telecommunications Egypt 3.83 0.3% 919.85 6.8 240.0
BANQUE CENTRALE POPULAIRE BCP MC Banks Morocco 30.50 -2.0% 4 006.41 19.9 182.3
Lafarge LAC MC Building materials Morocco 235.17 -0.4% 5 510.27 25.9 23.4
Douja Prom Addoha ADH MC Real Estate Morocco 5.10 0.6% 1 645.29 13.8 322.6
Sonatel Sn SNTS BC Telecommunications Brvm 42.31 1.3% 4 230.51 12.9 100.0
Guaranty Trust Bank GUARANTY NL Banking & finance Nigeria 0.11 -2.4% 3 223.93 8.5 29 431.2
Zenith Bank ZENITH NL Banking & finance Nigeria 0.07 -0.3% 2 105.36 6.0 31 396.5
CGI CGI MC Real Estate Morocco 44.69 1.2% 822.70 14.4 18.4
Guinness Nigeria PLC GUINNES NL Beverages Nigeria 0.19 -0.1% 307.30 -47.7 1 591.1
Commercial International Bank CIB EY Banks Egypt 4.86 0.1% 5 612.96 15.4 1 153.9
First Bank FIRSTBAN NL Banks Nigeria 0.02 -5.4% 629.29 3.6 35 895.0
Abu Kir Fertilizers ABUK EY Chemicals Egypt 13.14 -1.1% 1 105.34 9.8 84.1
East African Breweries EABL KN Breweries Kenya 2.49 2.0% 1 967.04 26.4 790.8
Safaricom Ltd SAFCOM KN Telecommunications Kenya 0.23 1.1% 9 122.63 19.4 40 065.4
Mauritius Comm. Bank MCB MP Banking & finance Mauritius 6.55 0.8% 1 560.56 7.5 238.2
Mobinil EMOB EY Telecommunications Egypt 7.33 21.6% 733.14 - 100.0
T M G HOLDING TMGH EY Real Estate Egypt 0.41 -3.4% 847.48 16.7 2 063.6
Poulina Group Holding PGH TU Holding Companies-Divers Tunisia 3.38 1.2% 609.15 14.5 180.0
Ecobank Transnational Inc ETIT BC Banks Brvm 0.03 1.3% 506.16 2.0 15 952.7
STANBIC IBTC BANK PLC IBTCCB NL Banks Nigeria 0.09 -1.8% 949.32 9.7 10 000.0
State Bank Mauritius SBM MP Banking & finance Mauritius 0.03 0.8% 1 001.34 11.2 31 000.0
Barclays Bank Kenya BCBL KN Banking & finance Kenya 0.09 0.5% 513.35 7.5 5 432.0
Banque De Tunisie BT TU Banking & finance Tunisia 3.47 4.4% 520.64 14.2 150.0
Equity Bank Limited EQBNK KN Banking & finance Kenya 0.39 4.6% 1 469.02 9.2 3 773.7
Kenya Comm. Bank Ltd KNCB KN Banking & finance Kenya 0.39 1.3% 1 177.66 5.9 3 025.2

Africa investor Ai40 Weekly Commentary 24 July 2017

Last week the Ai40 Investors Index continued on a bull run to reach another record high for the year. The upward push was
largely driven by telecoms and banking stocks. Meanwhile, Nigerian-listed equities tracked by the Index continue to
underperform. The Index gained 0.96 points (or 1%) from a previous close of 96.77 to end Friday at a year-high 97.73.
In US markets last week, stock indices ended the week marginally lower as investors continued to digest corporate earnings
reports. On the global front, stock markets were mostly lower on Friday as investors assessed the outlook for central bank
policies. In oil markets, volatility returned to the fore after a tanker-tracking firm reported supply from OPEC is rising
according to CNBC. On Friday, oil prices were down over 2% as a barrel of WTI traded at $45.77.
At Fridays close, the Dow Jones Industrial Average fell by 0.14%, or 31.71 points, to close the week at a value of 21,580.07. The
Nasdaq Composite Index dropped 2.25 points, to end the week at a value of 6,387.75. The S&P 500 closed the week lower by
0.91 points, to close Friday on a value of 2,472.54.
Gainers
Orange Egypt the Cairo-listed telecoms firm was the Indexs best performer for the second week running. The companys
Gainers
Orange Egypt the Cairo-listed telecoms firm was the Indexs best performer for the second week running. The companys
stock gained 21.6% last week. The firm met with the Egyptian communications Minister last week and was tapped to increase
its investment in the country. Telecom Egypt also featured on the Gainers List with an increase of 6.5%.
Elsewhere on the continent, shares for Standard Bank rose by 6.4%, while Equity Banks stock appreciated by 4.6%. Still in the
banking space, Banque de Tunisie enjoyed a 4.4% increase.
Losers
For the third review in a row, Nigerian stocks continue to dominate the Losers List. Once again, the worst performer was First
Bank which fell by 5.4%. Guaranty Trust Bank shares were down 2.4%. Last week the Federal High Court in Nigeria ordered
seven banks to remit $793 million to the government. According to Premium Times Nigeria, the money was allegedly hidden
with the banks in violation of the Federal Governments Treasury Single Account policy. Still in Nigeria, Dangote Cement shares
lost 3.4%.

TMG Holdings, an Egyptian real estate firm dropped 3.4% and Anglo American shares were down 2.3% for the week.
he
res