Sub-Saharan Africa Stocks: Cooperative Bank, Unilever Nigeria, UAC Nigeria

Mauritius’s SEMDEX Index declined 1.2 percent to 1,628.14 at the close in the capital, Port Louis.

Kenya’s All-Share Index rose for a third day, climbing 0.4 percent to 73.25 in Nairobi.

The Nigerian Stock Exchange All-Share Index increased 0.1 percent to 27,859.99 at the close in Lagos, according to the exchange’s website.

Namibia’s FTSE/Namibia Overall Index advanced for a second day, rising 0.4 percent to 796.95 in the capital, Windhoek.

The Ghana Stock Exchange All-Share Index increased for a 10th day, rallying 0.4 percent to 7,054.49 in Accra.

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

Cooperative Bank of Kenya Ltd. (COOP KN) advanced 20 cents, or 1.7 percent, to 12.1 shillings, its highest level in more than two weeks. Profit for the quarter through March climbed 33 percent to 1.04 million shillings ($13.4 million) from a year earlier.

Diamond Trust of Kenya Ltd. (DTKL KN) rose 50 cents, or 0.6 percent, to 85 shillings. The bank with operations in four East African nations said profit for the first quarter through March increased 28 percent to 325.9 million shillings ($4.19 million).

UAC of Nigeria Plc (UACN NL), which has interests in fast food, real estate and manufacturing, climbed to a 26-month high, gaining 2.78 naira, or the maximum daily limit of 5 percent, to 58.48 naira. The company announced a dividend of 1.30 naira per share for the year through December.

Unilever Nigeria Plc (UNILEVER NL) declined to a four-day low, decreasing 49 kobo, or 1.7 percent, to 28.51 naira. Profit for the quarter through March declined 16 percent to 1.38 billion naira.

To contact the reporter on this story: Vincent Nwanma in Lagos via Johannesburg on vnwanma@bloomberg.net Eric Ombok in Nairobi at eombok@bloomberg.net

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