Market Insight: April 11, 2013


Africa

•  Ghana GDP rose 6% in Q4 from previous year
•  Qatar pledges $3bn more in aid to Egypt extending lifeline for Mursi in IMF loan talks

Nigeria

•  ASI -1.24%, $36.58m
•  Another day of profit taking with the banks in particular hurting. However, some aggressive buying just before the close helped the ASI

Kenya

•  NSE20 +0.18%, $5m
•  Kenya Airways will start low-cost carrier JamboJet later in 2013 despite failure to hit fundraising target forced a revision of the expansion plan

Botswana

•  DCI +0.25%, $500k

Egypt

•  EGX30 -0.08%, $52m

Mauritius

•  Semdex +0.07%, $827k

South Africa

•  Top40 +1.47%, $1.93bn

Zimbabwe

•  Ind -0.34%, Mining -0.09%, $610k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.89

-4.76

Nigeria

NGN

157.40

-0.79

Kenya

KES

84.40

+2.01

Mauritius

MUR

31.07

-1.69

Botswana

BWP

8.05

+3.46

Tanzania

TZS

1621.00

-2.22

Uganda

UGX

2575.00

+3.99

Rwanda

RWF

635.00

-0.56

Ghana

GHS

1.94

-1.89

BRVM

XOF

503.71

-0.88

Egypt

EGP

6.86

-7.24

Morocco

MAD

8.51

-0.60

Tunisia

TND

1.59

-2.34

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