Market Insight: April 10, 2014


Africa

•  Ghana’s economy expanded 7.1% in 2013 while inflation accelerated to 14.5% in March

Nigeria

•  ASI +35bps, $26.93mill
•  Zenith ($6.32m) and FBNH ($4.66m) drove activity yesterday
•  Banks had another good day with the Index gaining +0.76%

Kenya

•  NSE20 +21bps, $6.1mill
•  Activity slowed down yesterday as foreign participation decreased to 54.3%

Botswana

•  DCI +7bps, $321k

Egypt

•  EGX30 +83bps, $93mill

Mauritius

•  Semdex +5bps, $1.28mill

Zimbabwe

•  Ind -59bps, mining unch, $5.48mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.46

+0.28

Nigeria

NGN

162.85

-1.57

Kenya

KES

86.50

-0.23

Mauritius

MUR

30.05

unch

Botswana

BWP

8.71

+0.22

Tanzania

TZS

1632.00

-2.57

Uganda

TZSUGX

2531.59

-0.18

Rwanda

RWF

683.02

-1.03

Ghana

GHS

2.77

-14.41

BRVM

XOF

477.54

+0.56

Egypt

EGP

6.97

-0.38

Morocco

MAD

8.14

+0.49

Tunisia

TND

1.58

+3.76

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