Market Insight: April 01, 2014


Nigeria

•  ASI +1.09%, $23.7m
•  A couple of large crosses again dominating the day with sizeable crosses in ETI, NB, GTB and Sterling Bank. Banks strong (+1.93%) driven higher by GTB (+4%) and Zenith (+2%) while consumers also strong (+1.2%) with Guinness (+3%) and NB (+2%) leading the way

Kenya

•  NSE20 -54bps, $5.4m
•  Foreign buying in Safcom about the only excitement in a dull day

Botswana

•  DCI +11bps, $457k

Egypt

•  EGX30 -3.55%, $256m

Mauritius

•  Closed yesterday

Zimbabwe

•  Ind +22bps, Mining unch, $988k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.52

-0.25

Nigeria

NGN

164.90

-2.79

Kenya

KES

86.30

unch

Mauritius

MUR

30.07

-0.08

Botswana

BWP

8.76

-0.26

Tanzania

TZS

1638.00

-2.93

Uganda

TZSUGX

2548.00

-0.82

Rwanda

RWF

681.51

-0.81

Ghana

GHS

2.66

-10.71

BRVM

XOF

478.23

+0.39

Egypt

EGP

6.97

-0.32

Morocco

MAD

8.15

+0.40

Tunisia

TND

1.57

+4.24

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833