Market Insight: April 23, 2013


Africa

•  Zimbabwe prepares law to seize company stakes without paying
•  Ghana Cedi slips to record low as buyers sell bonds
•  Tunisia set to beat Egypt to Arab spring Sukuk

Nigeria

•  ASI +0.32%, $21.5mill
•  Aside from First Bank things were relatively quiet yesterday
•  Zenith Bank reported Q1 numbers

Kenya

•  NSE20 -0.59%, $2.3mill
•  Technical problems yesterday with the ATS going down quite frequently

Botswana

•  DCI +71bps, $438k

Egypt

•  EGX30 -73bps, $38mill

Mauritius

•  Semdex +4bps, $669k

South Africa

•  Top40 -76bps, $1.45bn

Zambia

•  LuSE -38bps, $19k

Zimbabwe

•  Ind -6bps, mining +645bps, $670k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.27

-8.70

Nigeria

NGN

158.60

-1.67

Kenya

KES

83.75

+2.81

Mauritius

MUR

31.05

-1.61

Botswana

BWP

8.31

+6.29

Tanzania

TZS

1625.80

-2.51

Uganda

UGX

2575.00

+3.99

Rwanda

RWF

634.00

-0.40

Ghana

GHS

1.96

-3.28

BRVM

XOF

505.59

-1.26

Egypt

EGP

6.92

-8.01

Morocco

MAD

8.55

-0.96

Tunisia

TND

1.61

-3.32

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