Market Insight: August 06, 2013


Africa

•  Zimbabwe stocks plunge most since 2009 after Mugabe victory
•  Zimbabwe banks said to stock loans on Mugabe policy concerns
•  Botswana calls for independent audit of Zimbabwe poll process
•  Uganda Central Bank holds key rate, citing inflation risks

Nigeria

•  ASI -0.19%, $18.9mill
•  Fairly slow start to the shortened trading week yesterday
•  Banks (+0.63%) however managed to close in the black

Kenya

•  NSE20 +0.13%, $4.7mill
•  Some foreign demand in Safcom drove activity yesterday

Botswana

•  DCI -7bps, $396k

Egypt

•  EGX30 +154bps, $65mill

Mauritius

•  Semdex +1bps, $1.04m

South Africa

•  Top40 +31bps, $1.25bn

Zambia

•  N/A

Zimbabwe

•  Ind -1109bps, mining -201bps, $780k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.86

-14.12

Nigeria

NGN

159.60

-2.16

Kenya

KES

87.35

-1.43

Mauritius

MUR

30.85

-0.97

Botswana

BWP

8.52

+9.46

Tanzania

TZS

1621.00

-2.22

Uganda

UGX

2585.00

+3.59

Rwanda

RWF

646.04

-2.26

Ghana

GHS

2.06

-7.77

BRVM

XOF

497.13

+0.44

Egypt

EGP

6.99

-9.02

Morocco

MAD

8.43

+0.45

Tunisia

TND

1.65

-6.34

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