Market Insight: April 02, 2014


Africa

•  Bob Diamond’s Atlas Mara buys ABC Holdings Ltd in first Africa purchase
•  Pioneer Co. of Zimbabwe FY loss widens to $574,000

Nigeria

•  ASI -94bps, $30.4mill
•  Large crosses in GTB and Zenith drove turnover yesterday with banking stocks (+1.91%) continuing to rally
•  Nigerian sovereign wealth fund says total assets now at N157.6bn

Kenya

•  NSE20 +29bps, $5.8mill
•  Not much on the go in Nairobi yesterday with EABL driving proceedings on foreign participation

Botswana

•  DCI +14bps, $564k

Egypt

•  EGX30 +147bps, $97.7mill

Mauritius

•  Semdex +29bps, $1.21mill

Zimbabwe

•  Ind +19bps, mining unch, $753k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.57

-0.68

Nigeria

NGN

164.65

-2.64

Kenya

KES

86.45

-0.17

Mauritius

MUR

30.15

-0.33

Botswana

BWP

8.74

-0.26

Tanzania

TZS

1633.00

-2.63

Uganda

TZSUGX

2550.00

-0.90

Rwanda

RWF

676.67

-0.10

Ghana

GHS

2.68

-11.38

BRVM

XOF

475.15

+1.05

Egypt

EGP

6.96

-0.29

Morocco

MAD

8.15

+0.30

Tunisia

TND

1.58

+4.19

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