TABLE-Africa 40 index leaders and laggards in past week

Mon Jul 6, 2009 12:57pm GMT
 

 JOHANNESBURG, July 6 (Reuters) - Guaranty Trust Bank of
Nigeria GTB.LG was the top-performing stock in Africa,
excluding South Africa, in the week to July 3, according to Nex
Rubica data released on Monday.
 Below is a table of the five best and worst performing
stocks based on the Nex-Rubica Africa 40 Index of African
equities excluding South Africa:
 
 Top Five                        Pct change    Pct change YTD
 
 Guaranty Trust Bank GTB.LG         21.29        13.95
 United Bank of Africa (UBA.LG: Quote)       16.21        11.79
 Sidi Kerir Petrochemicals (SKPC.CA: Quote)  13.47        20.83
 Dangote Sugar DANG.LG              12.61        12.90
 First Bank of Nigeria FBNP.LG      12.19         4.22
 
 Bottom Five                     Pct change    Pct change YTD
 
 Intercontinental Bank INBK.LG      -2.45       -36.48
 State Bank of Mauritius SBML.MZ    -8.00        35.29
 African Petroleum APET.LG          -5.24       -66.15
 Addoha (ADH.CS: Quote)                      -4.44        36.43
 Wafa Assur (WASS.CS: Quote)                 -4.20         0.84
 
 Note - The Nex-Rubica methodology ranks shares with a
minimum market capitalisation of $500 million and a free float
of greater than 25 percent within each issuer. It is a free
float adjusted, market cap weighted index that aims to capture
over 50 percent of the (publicly available) total market
capitalisation of stocks in the region.
 It applies cross-ownership and local legal restriction
screens to stocks with a market cap greater than one percent of
each country's total. Component companies are adjusted for
available float, unavailable strategic shareholdings and
limitations to foreign ownership.
 For more information contact info@nexrubica.com
 
 (Compiled by Tiisetso Motsoeneng; Editing by Dan Lalor)


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