Market Insight: April 26, 2013


Africa

•  Finance Bank Zambia (40% owned by Credit Suisse) plans to raise $250m in IPO

Nigeria

•  ASI -0.43%, $26.47m
•  Quiet day with a couple of crosses spiking vols. Most of the chunky vol done by local investors
•  Fidelity Bank said to start marketing its debut Eurobond in due course
•  Azura Power to raise $700mill from local and international debt to build Nigerian plant

Kenya

•  NSE20 -0.95%, $3.2m
•  Profit taking evident although volumes light as foreign investors extremely quiet

Botswana

•  DCI +0.08%, $1.89m

Egypt

•  Closed yesterday

Mauritius

•  Semdex -0.22%, $715k

South Africa

•  Top40 +0.86%, $1.62bn

Zambia

•  LuSE +2.32%, $161k

Zimbabwe

•  Ind +0.12%, Mining +1.75%, $1.51m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.07

-6.62

Nigeria

NGN

159.03

-1.81

Kenya

KES

83.90

+2.62

Mauritius

MUR

31.05

-1.61

Botswana

BWP

8.14

+4.64

Tanzania

TZS

1629.50

-2.73

Uganda

UGX

2600.00

+2.99

Rwanda

RWF

634.00

-0.40

Ghana

GHS

1.96

-3.18

BRVM

XOF

506.44

-1.41

Egypt

EGP

6.92

-8.09

Morocco

MAD

8.55

-1.07

Tunisia

TND

1.61

-3.69

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