Market Insight: August 14, 2013


Africa

•  Bank of Botswana cuts key interest rate for third time to 8% in effort to stimulate growth as inflation slows

Nigeria

•  ASI -0.57%, $29.89m
•  A much improved day in terms of activity although the profit takers continue to drag down banks (-43bps) and consumers (-1.15%)

Kenya

•  NSE20 +0.10%, $3.8m
•  Slight improvement in volumes although nothing much to note in Nairobi
•  Massmart said to be interested in 67% in Naivas Supermarkets

Botswana

•  DCI -0.32%, $1.2m

Egypt

•  EGX30 +0.12%, $50m

Mauritius

•  Semdex -0.10%, $721k

South Africa

•  Top40 +0.43%, $1.49bn

Zambia

•  LuSE -1.47%, $38k

Zimbabwe

•  Closed

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.98

-15.09

Nigeria

NGN

160.70

-2.83

Kenya

KES

87.70

-1.82

Mauritius

MUR

30.80

-0.81

Botswana

BWP

8.55

+9.93

Tanzania

TZS

1621.00

-2.22

Uganda

UGX

2570.50

+4.17

Rwanda

RWF

645.96

-2.24

Ghana

GHS

2.09

-9.09

BRVM

XOF

497.54

+0.34

Egypt

EGP

6.98

-8.94

Morocco

MAD

8.43

+0.31

Tunisia

TND

1.65

-5.96

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