Market Insight: April 10, 2013


Africa

•  Zanaco sees further growth by offering mobile phone transactions to almost 2/3 of clients who have no bank accounts

Nigeria

•  ASI -2.08%, $28.71m
•  Banks (-2.6%) got absolutely pummeled yesterday with ETI the only name in the positive. Diamond Bank released results announcing no dividend. Large cross in PZ got the day off to an active start
•  Fidelity Bank plans a $350mill Eurobond sale to finance oil, gas and power projects

Kenya

•  The Nairobi Stock Exchange was closed yesterday for the inauguration of President Kenyatta

Botswana

•  DCI +0.24%, $3.21m

Egypt

•  EGX30 +0.87%, $37m

Mauritius

•  Semdex unch, $361k

South Africa

•  Top40 -0.16%, $1.62bn

Zambia

•  LuSE +1.13%, $8k

Zimbabwe

•  Ind +1.53%, Mining -1.23%, $3.42m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.92

-5.03

Nigeria

NGN

157.65

-0.95

Kenya

KES

84.70

+1.65

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.06

+3.63

Tanzania

TZS

1620.00

-2.16

Uganda

UGX

2585.00

+3.59

Rwanda

RWF

635.00

-0.56

Ghana

GHS

1.94

-2.06

BRVM

XOF

503.40

-0.92

Egypt

EGP

6.84

-7.09

Morocco

MAD

8.52

-0.69

Tunisia

TND

1.59

-2.47

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