Market Insight: April 02, 2014


Africa

•  Bob Diamond’s Atlas Mara to buy stake in Rwanad State lender

Nigeria

•  ASI +43bps, $23.9mill
•  Banks continued to rally with the Index gaining +0.53% last week

Kenya

•  NSE20 -19bps, $7.6mill
•  Foreign participation in the two largest banks, EQBNK and KNCB drove activity last Friday

Botswana

•  DCI unch, $7k

Egypt

•  EGX30 -230bps, $129mill

Mauritius

•  Semdex +45bps, $4.89mill

Zimbabwe

•  Ind -6bps, mining -332bps, $2.96mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.50

-0.15

Nigeria

NGN

164.00

-2.26

Kenya

KES

86.66

-0.42

Mauritius

MUR

30.11

-0.20

Botswana

BWP

8.77

-0.17

Tanzania

TZS

1628.00

-2.33

Uganda

TZSUGX

2563.00

-1.40

Rwanda

RWF

683.02

-1.03

Ghana

GHS

2.69

-11.91

BRVM

XOF

482.39

-0.47

Egypt

EGP

6.97

-0.33

Morocco

MAD

8.21

-0.39

Tunisia

TND

1.59

+3.47

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