Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Sub-Sahara Africa Stocks: Housing Finance, Olympia Capital, UBA

Don't Miss Out —
Follow us on:

July 21 (Bloomberg) -- Kenya’s All-Share Index fell for a second day, sliding 0.3 percent to 67.11 by the 3 p.m. close in Nairobi, the lowest since March 2010.

Mauritius’s SEMDEX Index retreated for a fourth day, weakening 0.1 percent to 2,044.31 by the 1:30 p.m. close in Port Louis, the lowest closing level since April 20. The Ghana Stock Exchange Composite Index strengthened 0.6 percent to 1,182.93 by the 3 p.m. close in Accra, the highest since July 8. The Nigerian Stock Exchange All-Share Index advanced for a second day, increasing 0.3 percent to 23,787.31 by the 2:30 p.m. close in Lagos, according to an e-mailed statement from the exchange. Namibia’s FTSE/Namibia Overall Index gained 0.7 percent to 848.71 by the 4 p.m. close in Windhoek.

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

Housing Finance Ltd. (HFCL KN), Kenya’s only publicly traded mortgage lender, jumped 50 cents, or 2.4 percent, to 21 shillings, the biggest closing gain since June 9, after reporting profit in the six months through June surged 70 percent to 241.6 million shillings ($2.68 million).

Olympia Capital Holdings Ltd. (DNKN KN), a Kenyan maker of building materials, rallied 15 cents, or 3.6 percent, to 4.35 shillings, the highest level since July 4, after the Nairobi-based company said net income totaled 35.1 million shillings in the 12 months through February, compared with a loss of 14.6 million shillings a year earlier.

United Bank for Africa Plc (UBA NL), a Nigerian lender with operations in 18 countries, rose 23 kobo, or 4.8 percent, to 5.02 naira, the biggest gain since July 7, after Renaissance Capital said UBA’s first-half post-tax profit advanced 67 percent to 8.12 billion naira ($53 million).

To contact the reporter on this story: Chris Kay in London at

To contact the editor responsible for this story: Gavin Serkin at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.