BFAA closed at 98,000 Kz, down 2.0%, but traded 423 million Kz, the highest turnover among equities. The move should be read cautiously: 4,199 shares changed hands in a block at 100,000 Kz, while the close was set by only 2 shares. Everything points to a transfer between portfolios rather than a new price reference. The session average price was 99,993 Kz. In the order book, supply was clearly ahead of demand, with 157 shares on the sell side against 36 on the buy side.

• BFAA-2.00%

BFAABanco de Fomento Angola, S.A98,000 Kz-2.00%

Close over the last 60 sessions

Session trades (dot size is the number of shares)

Average price

99,993 Kz

Quantity

4,233

Turnover

423.3M Kz

Trades

14

Largest trade

4,199 at 100,000 Kz

Best bid at close

9 at 98,000 Kz

Best ask at close

50 at 100,500 Kz

UNITEL gained 3.4% to 30,000 Kz after trading 1,268 shares in 72 transactions. However, the closing price was set by only 3 shares, so the rise still needs more volume to be confirmed. The session average price was 28,815 Kz, below the close.

• UNTL+3.45%

UNTLUNITEL, S.A.30,000 Kz+3.45%

Close over the last 32 sessions

Session trades (dot size is the number of shares)

Average price

28,815 Kz

Quantity

1,268

Turnover

36.5M Kz

Trades

72

Largest trade

181 at 28,800 Kz

Best bid at close

1,537 at 28,500 Kz

Best ask at close

1,420 at 30,000 Kz

The STDRUFVB fund rose 7.4% to 50,500 Kz in only 3 transactions involving 17 units. The price matched the highest close of the previous 20 sessions, but the small amount traded limits the strength of that reference. Among the other equities, BAI closed at 90,500 Kz, unchanged, ENSA at 24,000 Kz, also unchanged, BCGA at 19,300 Kz, unchanged, and BDVA at 82,000 Kz, down 1.2%. Their closes were also set by few shares, 1 for BAI, 4 for ENSA, 5 for BCGA and 5 for BDVA. Supply also dominated the order book for BCGA and BDVA.

• STDRUFVB+7.45%

STDRUFVBStandard Gestão de Activos50,500 Kz+7.45%

Close over the last 25 sessions

Session trades (dot size is the number of shares)

Average price

47,265 Kz

Quantity

17

Turnover

803.5K Kz

Trades

3

Largest trade

7 at 50,500 Kz

Best bid at close

6 at 44,000 Kz

Best ask at close

26 at 50,500 Kz

Bonds accounted for 423.8 million Kz of turnover. ON07A32A rose 8.8% to 111, while OH15L29A fell 1.4% to 103.539 in a trade involving 80,488 units. OO01I34A declined 1.6% to 122, with the close set by 1,000 units.

• ON07A32A+8.82%
• OH15L29A-1.39%
• OO01I34A-1.61%

The IGAB closed at 998.48 points, up 0.36%. Across the session, 195 transactions were recorded, with turnover of 987.7 million Kz, three advancers and seven decliners.