Market Insight: April 12, 2013


Africa

•  Zimbabwe gives CMEC $1.3bn contract to expand power plant
•  Uganda economy to grow more than 6% in 2013/ 14 on recovery according to deputy secretary Keith Muhakanizi
•  Uganda parliament reviewing anti-money laundering bill

Nigeria

•  ASI -0.23%, $29.94mill
•  Rebound in banking stocks yesterday with the Bank 10 Index gaining 1.35%
•  Guaranty Trust Bank went ex-divvy yesterday to trade at N23.79

Kenya

•  NSE20 +0.76%, $5.1mill
•  President Kenyatta to form cabinet after posts vacated

Botswana

•  DCI +51bps, $274k

Egypt

•  EGX30 -152bps, $64mill

Mauritius

•  Closed yesterday

South Africa

•  Top40 +10bps, $1.39bn

Zambia

•  LuSE -46bps, $50k

Zimbabwe

•  Ind -19bps, mining -82bps, $910k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.89

-4.72

Nigeria

NGN

157.60

-0.92

Kenya

KES

83.95

+2.56

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.06

+3.55

Tanzania

TZS

1620.00

-2.16

Uganda

UGX

2553.00

+4.89

Rwanda

RWF

635.00

-0.56

Ghana

GHS

1.94

-2.08

BRVM

XOF

501.70

-0.49

Egypt

EGP

6.87

-7.40

Morocco

MAD

8.48

-0.30

Tunisia

TND

1.59

-2.43

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