Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Sub-Sahara Africa Stocks: Athi River Mining, Skye Bank Nigeria

May 14 (Bloomberg) -- The FTSE/Namibia Overall Index fell 1.9 percent to 880.9 in Windhoek, the biggest drop since April 23.

Kenya’s All-Share Index climbed for a second day, increasing 0.3 percent to 63.63 in Nairobi. Mauritius’s SEMDEX Index rose 0.3 percent to 1,805.85 in Port Louis. The Nigerian Stock Exchange All-Share Index fell for a third day, retreating 0.3 percent to 22,552.46 in Lagos, according to an e-mailed statement from the exchange.

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

Athi River Mining Ltd. (ARML KN), Kenya’s second-biggest cement maker by market value, gained 2.6 percent to 201 shillings, the highest since at least August 1997, after posting a 17 percent increase in first-quarter profit and saying it planned a one-for-five share split.

Livestock Feed Ltd. (LFL MP), a Mauritian distributor of cattle and poultry food, jumped 5.7 percent to 16.80 rupees, the highest since March 13, after saying that fiscal third-quarter profit soared as sales improved.

Skye Bank Plc (SKYEBANK NL), a Nigerian lender, rose for the first time in six days, advancing 4.5 percent to 3.5 naira, after signing a loan agreement with three foreign banks.

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

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.