Market Insight: August 08, 2013


Please note that there are a spate of holidays across Africa in the next couple of days. Nigeria is closed Thursday and Friday while Kenya is closed on Friday.

Nigeria

•  ASI -0.50%, $15.1m
•  Very quiet day ahead of the long weekend
•  IHS Nigeria set to double assets after raising $1bn for investment
•  Nigerian SEC seeking to approve IFC Debt program by end of 2013

Kenya

•  NSE20 +0.37%, $14.4m
•  Nairobi on fire (not the airport) as a large local cross in CFCB set the tone early on. Chunky crossing in EABL, mostly foreign buying also added to the large volumes
•  Kenya’s airport resumes domestic and cargo flights after yesterday’s fire

Botswana

•  DCI -0.43%, $105k

Egypt

•  EGX30 -0.18%, $52m

Mauritius

•  Semdex -0.40%, $693k

South Africa

•  Top40 +0.13%, $1.37bn

Zambia

•  LuSE +1.40%, $27k

Zimbabwe

•  Ind -1.00%, Mining -2.61%, $4.2m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.90

-14.42

Nigeria

NGN

160.08

-2.46

Kenya

KES

87.45

-1.54

Mauritius

MUR

30.85

-0.97

Botswana

BWP

8.53

+9.60

Tanzania

TZS

1623.00

-2.34

Uganda

UGX

2573.00

+4.07

Rwanda

RWF

645.00

-2.10

Ghana

GHS

2.07

-7.77

BRVM

XOF

494.64

+0.95

Egypt

EGP

6.99

-8.96

Morocco

MAD

8.39

+0.83

Tunisia

TND

1.65

-6.05

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