Market Insight: April 25, 2014


Africa

•  Ghana three-year yields seen at record high as Cedi drops
•  Ghana, Zambia most at risk as deficits in Africa

Nigeria

•  ASI -46bps, $69.32mill
•  Absolutely mammoth day yesterday with a number of large crosses in the big names
•  A bit of profit taking in the banks as the index fell -0.40%

Kenya

•  NSE20 +38bps, $9.79mill
•  Another decent day as EQBNK and ARML drove activity

Botswana

•  DCI -24bps, $4.79mill

Egypt

•  Closed yesterday

Mauritius

•  Semdex -24bps, $1.62mill

Zimbabwe

•  Ind +173bps, mining +122bps, $13.26mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.63

-1.34

Nigeria

NGN

161.05

-0.46

Kenya

KES

86.95

-0.75

Mauritius

MUR

29.95

+0.33

Botswana

BWP

8.79

-0.61

Tanzania

TZS

1643.00

-3.23

Uganda

UGX

2513.00

+0.68

Rwanda

RWF

680.50

-0.66

Ghana

GHS

2.80

-15.18

BRVM

XOF

477.61

+0.85

Egypt

EGP

6.99

-0.69

Morocco

MAD

8.13

+0.66

Tunisia

TND

1.59

+3.21

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