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: Japaul Oil Nigeria, KenolKobil Kenya

July 12 (Bloomberg) -- Mauritius’s SEMDEX Index fell for a seventh day, losing 0.1 percent to 1,753.9, the lowest since October 2010, at the close in Port Louis.

The Nigerian Stock Exchange All-Share Index advanced 1.1 percent to 22,493.25 in Lagos, according to data compiled by Bloomberg. Kenya’s All-Share Index slipped less than 0.1 percent to 68.27 in Nairobi. The FTSE/Namibia Overall Index fell for a third day, retreating 0.9 percent to 885.32 in Windhoek.

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

Japaul Oil & Maritime Services Plc (JAPAULOI NL), a Nigerian oil-services company, dropped 4.6 percent to 62 kobo, the biggest decline since June 20. Oil declined on signals that the global economic recovery is faltering.

KenolKobil Ltd. (KNOC KN), Kenya’s largest fuel retailer by market value, fell for a fourth day, the longest losing streak since April, weakening 2.6 percent to 15.25 shillings.

Mumias Sugar Co. (MSUG KN), Kenya’s biggest miller of the sweetener, snapped a seven-day rally, falling 3.6 percent to 6.7 shillings after a technical signal indicated the stock was poised to fall.

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