Sub-Sahara Africa Stocks: ENL Commercial Mauritius, RT Briscoe

Kenya’s All-Share Index (NSEASI) climbed 0.6 percent to 67.31 in Nairobi, the highest close since July 20.

Mauritius’s SEMDEX Index (SEMDEX) fell for a third day, declining 0.1 percent to 1,780.65 in Port Louis. The FTSE/Namibia Overall Index (FTN098) weakened for a second day, retreating 0.8 percent to 907.92 in Windhoek. The Nigerian Stock Exchange All-Share Index rose 0.2 percent to 21,394.77 in Lagos, according to an e-mailed statement from the bourse.

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

ENL Commercial Ltd. (GIDC) , a Mauritian company with interests in motor dealership and manufacturing, jumped 11 percent to 22.20 rupees, the biggest gain since August. The company declared a final dividend of 0.80 rupees per share.

KenolKobil Ltd. (KNOC) , Kenya’s biggest oil marketer by market value, advanced 9.2 percent to 14.25 shillings, the highest close since January 2006. Oil rose from an eight-month low as U.S. equities rallied after Moody’s Investors Service’s downgrade of 15 global banks was less severe than threatened.

RT Briscoe Plc (RTBRISCO NL), a Nigerian company that sells cars, tractors and other industrial machinery, rose 1.8 percent to 1.68 naira, the highest since July 25, as it benefits from a national focus on agriculture, according to Lambeth Trust and Investment Co.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.