Market Insight: August 05, 2013


Africa

•  Mugabe officially re-elected to extend his 33 year rule amid widespread fraud and vote-rigging allegations
•  Uganda could raise GBP by 1.6% in next year by adding 100k tourists per year

Nigeria

•  ASI +0.34%, $21.8m
•  Banks and consumers continue to lead the bulls as the NSE continues higher
•  AMCON reaches debt accord with Ecobank Chairman Kolapo Lawson

Kenya

•  NSE20 -0.09%, $11.3m
•  Chunky foreign buying of EABL spiking up vols in Kenya

Botswana

•  DCI -0.06%, $109k

Egypt

•  Closed

Mauritius

•  Semdex -0.10%, $830k

South Africa

•  Top40 -0.68%, $1.43bn

Zambia

•  LuSE -2.59%, $104k

Zimbabwe

•  Ind -0.84%, Mining -0.66%, $900k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.87

-14.16

Nigeria

NGN

160.10

-2.47

Kenya

KES

87.35

-1.43

Mauritius

MUR

30.95

-1.29

Botswana

BWP

8.55

+9.83

Tanzania

TZS

1621.00

-2.22

Uganda

UGX

2585.00

+3.59

Rwanda

RWF

659.20

-4.21

Ghana

GHS

2.06

-7.77

BRVM

XOF

495.86

+0.71

Egypt

EGP

6.99

-9.00

Morocco

MAD

8.41

+0.65

Tunisia

TND

1.65

-5.91

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