Market Insight: April 16, 2013


Africa

•  VTB looking beyond Europe to Africa for bond deals after Angola
•  Congo government won’t face no-confidence vote after support withers
•  Namibia March consumer prices rise 6.3% from a year ago
•  Zimbabwe can’t afford to stage elections, minister Biti says

Nigeria

•  ASI +0.57%, $33.42mill
•  Banks lead the market higher with the Bank 10 Index gaining 1.32%
•  Nigeria sees strong investor interest in power plant sale
•  insert

Kenya

•  NSE20 -0.51%, $2.9mill
•  Extremely quiet day with most foreigners absent

Botswana

•  DCI +8bps, $2.42mill

Egypt

•  EGX30 -48bps, $57mill

Mauritius

•  Semdex -54bps, $443k

South Africa

•  Top40 -138bps, $1.64bn

Zambia

•  LuSE -1bps, $131k

Zimbabwe

•  Ind +6bps, mining unch, $1.59mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.11

-7.00

Nigeria

NGN

157.90

-1.11

Kenya

KES

83.98

+2.53

Mauritius

MUR

31.03

-1.53

Botswana

BWP

8.15

+4.69

Tanzania

TZS

1625.50

-2.49

Uganda

UGX

2525.50

+6.05

Rwanda

RWF

636.93

-0.86

Ghana

GHS

1.94

203

BRVM

XOF

503.61

-0.88

Egypt

EGP

6.89

-7.06

Morocco

MAD

8.51

-0.62

Tunisia

TND

1.59

-2.90

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