Market Insight: April 24, 2013


Africa

•  IMF urges Sudan to use $3bn oil payment to back reform
•  Rwanda coffee-export revenue doubles in first quarter on price
•  Zambian state debt to remain below 30% of GDP to 2016

Nigeria

•  ASI -0.01%, $24.99mill
•  Apart from a large cross in Guinness things were rather slow yesterday
•  Nigeria to investigate military actions in clash with Islamists

Kenya

•  NSE20 -0.31%, $3.4mill
•  Another slow day yesterday as profit taking continued
•  Kenya refinery mulls $1bn funding options for upgrade
•  Kenyatta names his first four cabinet secretaries

Botswana

•  DCI +9bps, $156k

Egypt

•  EGX30 +41bps, $33mill

Mauritius

•  Semdex +2bps, $322k

South Africa

•  Top40 +173bps, $1.68bn

Zambia

•  LuSE -22bps, $8.8k

Zimbabwe

•  Ind -8bps, mining -291bps, $830k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.23

-8.22

Nigeria

NGN

158.70

-1.61

Kenya

KES

83.75

+2.81

Mauritius

MUR

31.05

-1.61

Botswana

BWP

8.23

+5.81

Tanzania

TZS

1624.05

-2.40

Uganda

UGX

2558.10

+4.68

Rwanda

RWF

637.00

-0.87

Ghana

GHS

1.96

-3.25

BRVM

XOF

506.58

-1.43

Egypt

EGP

6.91

-8.01

Morocco

MAD

8.55

-1.06

Tunisia

TND

1.60

-3.44

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