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Sub-Sahara Africa Stocks: Fidelity Bank, United Bank for Africa

Jan. 10 (Bloomberg) -- Kenya’s All-Share Index rose for a fourth day, gaining 0.2 percent to 55.41 in Nairobi, the highest close since Nov. 28.

Mauritius’s SEMDEX Index fell for a second day, falling 0.2 percent to 1,884.4 by the end of trading. The FTSE/Namibia Overall Index jumped 1.5 percent to 873.27 in Windhoek. The Nigerian Stock Exchange All-Share Index gained 0.5 percent to 20,905.35 at the close in Lagos, according to an e-mailed statement from the bourse.

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

United Bank for Africa Plc (UBA NL), Nigeria’s sixth-largest lender by market value, dropped 4.7 percent to 2.24 naira, the lowest close since Dec. 14. Banks in Nigeria were shut as a general strike to protest the removal of fuel subsidies continued for a second day.

Fidelity Bank Plc (FIDELITY NL), slumped 4.1 percent to 1.4 naira, the biggest decline since Dec. 28.

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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