Markets and Commodity figures

16 July 2017
Price Price MKT Cap Shares in
Company Ticker Sector Country US$ Change* US$Mn P/E Issue Mn

SAB Miller SAB SJ Beverages South Africa 59.98 4.4% 96 601.17 34.8 1 610.6
Anglo American AGL SJ Mining South Africa 14.28 -5.6% 18 255.14 -8.9 1 278.5
Sasol SOL SJ Oil & gas South Africa 30.10 1.7% 19 605.66 9.5 651.4
MTN Group MTN SJ Telecommunications South Africa 9.16 3.4% 16 468.23 16.2 1 797.2
Standard Bank SBK SJ Banking & finance South Africa 10.84 9.0% 17 307.78 10.3 1 596.6
Anglo Platinum AMS SJ Mining South Africa 25.95 -0.1% 6 961.52 143.4 268.3
ANGLOGOLD ASHANTI LTD ANG SJ Mining South Africa 12.56 1.4% 5 128.65 -109.1 408.2
Tullow Oil plc TLW GN Oil & gas Ghana 4.32 1.4% 3 938.41 381.7 911.4
Maroc Telecom IAM MC Telecommunications Morocco 13.72 1.7% 12 064.70 20.4 879.1
DANGOTE CEMENT PLC DANG NL Building Materials Nigeria 0.51 -3.6% 8 642.55 14.0 17 040.5
Orascom Construction OCIC EY Construction Egypt 12.01 -0.5% 2 485.52 74.0 206.9
Attijariwafa Bank ATW MC Banking & finance Morocco 40.18 0.5% 8 176.74 15.2 203.5
Nigerian Breweries NB NL Breweries Nigeria 0.98 -4.1% 7 385.83 28.4 7 562.6
Banque Marocaine du Commerce BCE MC Banking & finance Morocco 20.14 1.7% 3 614.02 15.5 179.5
Telecom Egypt ETEL EY Telecommunications Egypt 0.64 1.7% 1 093.77 8.6 1 707.1
VODAFONE EGYPT VODE EY Telecommunications Egypt 3.42 -5.1% 821.90 6.1 240.0
BANQUE CENTRALE POPULAIRE BCP MC Banks Morocco 25.83 -0.6% 4 006.41 17.7 182.3
Lafarge LAC MC Building materials Morocco 213.46 -0.9% 5 001.68 21.4 23.4
Douja Prom Addoha ADH MC Real Estate Morocco 4.53 3.5% 1 461.52 12.1 322.6
Sonatel Sn SNTS BC Telecommunications Brvm 38.60 -3.3% 3 859.69 12.6 100.0
Guaranty Trust Bank GUARANTY NL Banking & finance Nigeria 0.08 -1.0% 2 329.15 5.8 29 431.2
Zenith Bank ZENITH NL Banking & finance Nigeria 0.05 0.1% 1 452.15 4.0 31 396.5
CGI CGI MC Real Estate Morocco 42.58 0.7% 783.75 14.4 18.4
Guinness Nigeria PLC GUINNES NL Beverages Nigeria 0.19 -1.1% 304.52 -22.0 1 591.1
Commercial International Bank CIB EY Banks Egypt 4.24 -2.1% 4 892.89 14.6 1 153.9
First Bank FIRSTBAN NL Banks Nigeria 0.01 9.4% 390.44 2.9 35 895.0
Abu Kir Fertilizers ABUK EY Chemicals Egypt 9.20 -8.5% 774.28 8.8 84.1
East African Breweries EABL KN Breweries Kenya 2.36 3.8% 1 869.63 24.8 790.8
Safaricom Ltd SAFCOM KN Telecommunications Kenya 0.19 2.6% 7 558.40 17.3 40 065.4
Mauritius Comm. Bank MCB MP Banking & finance Mauritius 6.33 -0.2% 1 508.71 7.5 238.2
Mobinil EMOB EY Telecommunications Egypt 5.75 16.9% 574.84 - 100.0
T M G HOLDING TMGH EY Real Estate Egypt 0.46 -10.0% 941.49 20.1 2 063.6
Poulina Group Holding PGH TU Holding Companies-Divers Tunisia 3.36 -3.9% 604.03 16.3 180.0
Ecobank Transnational Inc ETIT BC Banks Brvm 0.03 -9.4% 471.12 2.0 15 952.7
STANBIC IBTC BANK PLC IBTCCB NL Banks Nigeria 0.07 9.8% 652.95 8.3 10 000.0
State Bank Mauritius SBM MP Banking & finance Mauritius 0.03 -0.2% 968.07 11.2 31 000.0
Barclays Bank Kenya BCBL KN Banking & finance Kenya 0.08 -0.1% 428.06 5.9 5 431.5
Banque De Tunisie BT TU Banking & finance Tunisia 3.57 -1.0% 535.63 14.1 150.0
Equity Bank Limited EQBNK KN Banking & finance Kenya 0.32 -6.5% 1 217.49 7.5 3 773.7
Kenya Comm. Bank Ltd KNCB KN Banking & finance Kenya 0.33 0.6% 1 013.27 5.3 3 025.2

Africa investor Ai40 Weekly Commentary 24 April 2017

The Ai40 Investors Index enjoyed gains last week and managed to finally break the downward trend which characterized the
Index over the past three weeks. Banking stocks (from Nigeria in particular) were the big gainers on the Index last week. The
Index rose 1.37 points, a gain of 1.5% from last weeks value of 90.55, to close Friday at a value of 91.92.
On the global front, markets last week were focused on events in Europe, particularly the French election. According to Fox
Business, some investors sought comfort in haven assets ahead of Sunday's presidential voting in France. The outcome
following the vote count saw two candidates globalist Emmanuel Macron and nationalist Marine Le Pen pick up the most
votes and triggering a run-off election on May 7. Global leaders convened over the weekend in Washington D.C for the World
Bank Spring Meetings; key on the agenda was a debate on how to tackle the new wave of anti-globalisation that is currently
taking hold, particularly in the US under the administration of President Trump. In oil markets, prices for crude were slightly up
on Friday (but set for the largest weekly drop in a month) on concerns of high US production. A barrel of Front-month U.S. West
Texas Intermediate (WTI) crude futures traded at $50.82.
At Fridays close, the Dow Jones Industrial Average was down 30.95 points, or 0.15%, to close at a value of 20,547.76. The
Texas Intermediate (WTI) crude futures traded at $50.82.
At Fridays close, the Dow Jones Industrial Average was down 30.95 points, or 0.15%, to close at a value of 20,547.76. The
Nasdaq Composite Index closed lower by 6.26 points, or 0.11%, to end the session at 5,910.52. The S&P 500 lost 7.15 points, to
close Friday on a value of 2,348.69.

Gainers
The top gainer over last week was stock for telecoms company Orange Egypt. Shares for the firm gained 17% following reports
that Telecom Egypt signed a national roaming agreement with Orange Egypt as part of its preparations to launch mobile
services. The rest of the Gainers list was dominated by banking equities. From Nigeria, Stannic IBTC and First Bank rose by 9.8%
and 9.4%. Meanwhile, in South Africa, Standard Bank was up 9%.

Losers
The Losers list was a mixed affair; Egyptian real estate firm TMG Holding dropped by 10% over the week while chemicals firm
Abu Qir Fertilizers was down 8.5%. Ecobank Transnational (listed on the Berm) suffered a loss of 9.4%. The banks profits took a
knock and closed the year with a pre-tax loss of 33.7 billion Naira due to a tough year of macro- economic headwinds
according to Group CEO Ade Ayeyemi. In Kenya, stock for Equity Bank dropped 6.5% and in South Africa, mining giant Anglo
American was down 5.6%.

For more on the Ai40 Index, please, visit the Africa investor website at www.africainvestor.com.
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