Market Insight: April 05, 2013


Africa

•  Vedanta’s Zambia unit to move first copper by rail since 2008
•  Egypt’s IMF bid resumes as tensions mount over prosecutor
•  Zuma withdraws troops from Central Africa following backlash
•  U.S. offers reward for Kony in fighting crimes against humanity

Nigeria

•  ASI -0.61%, $26.59mill
•  Tier 2 banks dragged the market lower yesterday
•  Slower day but still enough interest shown from both local and foreign investors

Kenya

•  NSE20 -0.88%, $5.1mill
•  Profit taking evident yesterday with a number of the big names coming under pressure

Botswana

•  DCI +30bps, $420k

Egypt

•  EGX30 +119bps, $30mill

Mauritius

•  Semdex -28bps, $1.02mill

South Africa

•  Top40 -92bps, $1.50bn

Zambia

•  LuSE -13bps, $10.7k

Zimbabwe

•  Ind +70bps, mining unch, $530k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.18

-7.72

Nigeria

NGN

157.56

-0.90

Kenya

KES

84.90

+1.41

Mauritius

MUR

31.20

-2.08

Botswana

BWP

8.26

+6.16

Tanzania

TZS

1620.00

-2.16

Uganda

UGX

2597.00

+3.11

Rwanda

RWF

634.80

-0.53

Ghana

GHS

1.94

-1.93

BRVM

XOF

512.37

-2.55

Egypt

EGP

6.83

-6.94

Morocco

MAD

8.64

-1.97

Tunisia

TND

1.59

-2.90

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