Market Insight: April 09, 2014


Africa

•  Zambia sells Africa’s first Eurobond after deficit jump
•  Central Africa regional body sees 2014 economic growth doubling
•  Tanzania March annual inflation 6.1% vs 6% in February

Nigeria

•  ASI +66bps, $30.87mill
•  Another active day with Zenith ($8.35m) and GTB ($7.60m) leading the way
•  Banks had a strong day with the Index gaining +1.43%

Kenya

•  NSE20 +26bps, $10.8mill
•  Foreigners drove activity yesterday and accounted for 80% of turnover

Botswana

•  DCI +2bps, $1.42mill

Egypt

•  EGX30 +232bps, $88mill

Mauritius

•  Semdex -15bps, $2.31mill

Zimbabwe

•  Ind +1bps, mining -207bps, $1.26mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.43

+0.57

Nigeria

NGN

163.75

-2.11

Kenya

KES

86.60

-0.35

Mauritius

MUR

30.12

-0.25

Botswana

BWP

8.69

-0.31

Tanzania

TZS

1633.00

-2.63

Uganda

TZSUGX

2547.00

-0.79

Rwanda

RWF

677.87

-0.28

Ghana

GHS

2.71

-12.52

BRVM

XOF

478.61

+0.33

Egypt

EGP

6.97

-0.39

Morocco

MAD

8.15

+0.30

Tunisia

TND

1.58

+3.63

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