Market Insight: August 02, 2013


Africa

•  Mugabe’s party hails Zimbabwe vote, Tsvangirai claims fraud
•  Zimbabwean poll compromised by biased voters roll, observers say
•  Egypt unexpectedly cuts interest rates for first time since 2009

Nigeria

•  ASI +1.00%, $21.95mill
•  Banks led the market higher with the Bank 10 Index gaining 1.5%

Kenya

•  NSE20 -0.13%, $3.5mill
•  Activity slowed down drastically yesterday
•  Safcom to complete half of Kenya’s fiber optic link by November

Botswana

•  DCI -44bps, $60k

Egypt

•  EGX30 +96bps, $28mill

Mauritius

•  Semdex +33bps, $529k

South Africa

•  Top40 +171bps, $1.36bn

Zambia

•  LuSE +163bps, $15k

Zimbabwe

•  Ind +13bps, mining unch, $1.42mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.94

-14.80

Nigeria

NGN

159.73

-2.24

Kenya

KES

87.45

-1.54

Mauritius

MUR

30.80

-0.81

Botswana

BWP

8.57

+10.12

Tanzania

TZS

1619.00

-2.10

Uganda

UGX

2583.00

+3.67

Rwanda

RWF

655.21

-3.63

Ghana

GHS

2.06

-7.77

BRVM

XOF

497.97

+0.24

Egypt

EGP

6.99

-9.02

Morocco

MAD

8.44

+0.28

Tunisia

TND

1.65

-6.34

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