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Daily recap · 14 September 2026

BAI bond breaks out, while BFAA’s close remains weak

Today’s two movements to watch are the BAI bond’s rise above its previous range and the sharp turnover concentration in BFAA. The first has a new price level but still needs confirmation, while the second was largely driven by a transaction away from the close.

IGAB
997.07 -0.18%
Turnover
3.8B Kz
Trades
256
Advancers and decliners
7 up12 down

Weekly turnover

Through the Mon 14 Sept session · Kz

Mon 14 Sept · 3.8B Kz3.8B KzMonTue 15 Sept · Upcoming—TueWed 16 Sept · Upcoming—WedThu 17 Sept · Upcoming—ThuFri 18 Sept · Upcoming—Fri

Week to date3.8B Kz

  • Mon 14 Sept: 3.8B Kz
  • Tue 15 Sept: Upcoming
  • Wed 16 Sept: Upcoming
  • Thu 17 Sept: Upcoming
  • Fri 18 Sept: Upcoming

+664.89% versus the first 1 sessions of the previous week.

The BAI bond closed at 120, up 16.5%, breaking above the 107 level that had held over the previous 20 sessions. However, only 326 bonds set the close, so the move still needs volume confirmation, despite turnover of 984.7 million Kz and a largest trade of 15,393 bonds at 120.

BFAA closed at 99,000 Kz, down 1.0%, but the session’s main reference was the average price of 102,440 Kz. A block of 16,700 shares at 102,450 Kz accounted for 1.71 billion Kz, and everything points to a transfer between portfolios rather than a new price reference. The close came from only 2 shares. At the close, available sell orders outweighed buy orders, with 336 shares offered against 116 bid.

Banco de Fomento Angola, S.A logoBFAABanco de Fomento Angola, S.A99,000 Kz-1.00%

Close over the last 60 sessions

100,000 Kz103,000 Kz107,000 Kz20-session high: 100,500 Kz23 Jun14 Sept

Session trades (dot size is the number of shares)

99,000 Kz100,000 Kz102,000 Kz10:0012:0014:0016:00Average price 102,440 Kz
Average price
102,440 Kz
Quantity
16,750
Turnover
1.7B Kz
Trades
8
Largest trade
16,700 at 102,450 Kz
Best bid at close
43 at 98,000 Kz
Best ask at close
10 at 99,000 Kz

Among the smaller movers, UNTL closed at 29,998 Kz, down 0.01%, ENSA at 22,000 Kz, down 6.6%, BAI at 90,000 Kz, unchanged, BDVA at 81,000 Kz, down 2.4%, BCGA at 18,990 Kz, down 0.6%, and STDRUFVB at 50,000 Kz, unchanged. The IGAB fell 0.18% to 997.07 points. The session recorded 256 trades and turnover of 3.84 billion Kz, with 7 advancers and 12 decliners.

ENSA-Seguros de Angola, S.A logoENSAENSA-Seguros de Angola, S.A22,000 Kz-6.58%

Close over the last 60 sessions

25,000 Kz29,000 Kz33,000 Kz20-session high: 29,000 Kz23 Jun14 Sept

Session trades (dot size is the number of shares)

22,200 Kz22,500 Kz22,800 Kz10:0012:0014:0016:00Average price 22,160 Kz
Average price
22,160 Kz
Quantity
413
Turnover
9.2M Kz
Trades
29
Largest trade
100 at 22,000 Kz
Best bid at close
2 at 21,000 Kz
Best ask at close
27 at 22,000 Kz
UNITEL, S.A. logoUNTLUNITEL, S.A.29,998 Kz-0.01%

Close over the last 34 sessions

32,000 Kz35,000 Kz38,000 Kz20-session high: 39,100 Kz29 Jul14 Sept

Session trades (dot size is the number of shares)

28,800 Kz29,200 Kz29,700 Kz10:0012:0014:0016:00Average price 28,663 Kz
Average price
28,663 Kz
Quantity
2,182
Turnover
62.5M Kz
Trades
63
Largest trade
250 at 28,550 Kz
Best bid at close
1 at 28,600 Kz
Best ask at close
776 at 29,998 Kz

In the bond market, OJ10O31A closed at 102.95, up 3.5%, OJ15O31A at 100.5, up 3.6%, and EL15A34A at 99.499, up 1.6%, each above the prior high. EL15A34A’s close was set by only 12 bonds, so that new level is a weak reference.

News of the day

Fim da era Teles

O Telegrama

The departure programme of Standard Bank Angola’s chief executive, Luís Miguel Fialho Teles, was approved by Standard Bank Group. Changes at a listed issuer can matter for governance and the bank’s strategic direction.

Offerings to watch

STANDARD BANK DE ANGOLA, S.A

The Standard Bank Angola Oferta Pública de Venda remains open until 25 September. It offers 34% of the bank’s capital, with a price range between 41,220 and 50,000 Kz per share.

Recap written by AI from the session data on TauView. Every figure was checked against the recorded trades. Not investment advice.

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