Market Insight: April 18, 2013


Africa

•  Congo government halts copper, cobalt concentrates
•  Tanzania concerned gold price slump may prompt mine closures
•  Zimbabwe withdraws UN election funding request

Nigeria

•  ASI +0.18%, $58.46mill
•  Massive crosses in the likes of Nigerian Breweries and ETI drove activity yesterday
•  Dangote Sugar released disappointing results yesterday
•  Dangote Group seeks $3.5bn loan for refinery

Kenya

•  NSE20 -0.30%, $13.7mill
•  Increase in foreign activity boosted turnover
•  Kenya’s sole Shariah-compliant insurer to expand in region
•  Kenyan government to sell stakes in 3 hotels, Kenya wine agencies

Botswana

•  DCI +19bps, $163k

Egypt

•  EGX30 -68bps, $50mill

Mauritius

•  Semdex +16bps, $1.5mill

South Africa

•  Top40 -186bps, $1.82bn

Zambia

•  LuSE +50bps, $219k

Zimbabwe

•  Ind +33bps, mining +173bps, $530k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.18

-7.77

Nigeria

NGN

158.40

-1.42

Kenya

KES

84.00

+2.50

Mauritius

MUR

31.00

-1.45

Botswana

BWP

8.18

+5.16

Tanzania

TZS

1629.00

-2.70

Uganda

UGX

2565.00

+4.39

Rwanda

RWF

636.00

-0.71

Ghana

GHS

1.94

-2.25

BRVM

XOF

505.03

-1.12

Egypt

EGP

6.89

-7.67

Morocco

MAD

8.53

-0.82

Tunisia

TND

1.60

-3.10

contacts
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  • South Africa +27 11 268 5833