Market Insight: August 04, 2014


Africa

•  Ghana President Mahama seeks immediate talks with IMF on economy

Nigeria

•  ASI -39bps, $36.7m
•  Chunky crosses in names like GTB, Nestle, NB and Zenith the bulk of the action with banks (-1.36%) still under pressure

Kenya

•  NSE20 +74bps, $9.3m
•  Active trading in KNCB while some crosses in normally illiquid names like CFC and Centum also notable

Botswana

•  DCI -5bps, $20k

Egypt

•  Closed

Mauritius

•  Semdex -23bps, $2.44m

Zimbabwe

•  Ind +65bps, $1.2m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.66

-1.58

Nigeria

NGN

161.40

-0.68

Kenya

KES

87.85

-1.76

Mauritius

MUR

30.55

-1.64

Botswana

BWP

8.88

-1.36

Tanzania

TZS

1661.00

-4.27

Uganda

UGX

2610.00

-3.18

Rwanda

RWF

688.78

-1.79

Ghana

GHS

3.75

-36.67

BRVM

XOF

491.54

-2.32

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.34

-1.96

Tunisia

TND

1.71

-3.91

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