Market Insight: August 15, 2012


African Currencies as at approximately GMT 16:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.1454
 
Nigeria
NGN
161.6250
 
Kenya
KES
84.10
 
Mauritius
MUR
30.75
 
Botswana
BWP
7.6687
 
Tanzania
TZS
1572.50
 
Uganda
UGX
2487.50
 
Rwanda
RWF
613.2620
 
Ghana
GHS
1.9567
 
BRVM
XOF
530.4001
 
Egypt
EGP
6.0787
 
Morocco
MAD
8.8915
 
Tunisia
TND
1.6063

Africa

•  Burundi inflation speeds up in July as food, clothing costs rise
•  Malawi Utility says electricity outages to increase for 90 days
•  National Microfinance of Tanzania second quarter profit surges 76%

Nigeria

•  ASI -64bps, $18.6mill
•  Very quiet day yesterday with most foreign participants absent from the market
•  Nigeria agency wants Chevron to pay $3bn fine for fire
•  Nigeria to use 2010 as GDP base year to update size of econmy

Kenya

•  NSE20 +21bps, $1.81mill
•  Foreigners once again quiet in Kenya yesterday
•  Africa Bank rainwater grant to help assit about 150,000 Kenyans

Botswana

•  DCI +17bps, $43k

Egypt

•  EGX30 +127bps, $59mill

Mauritius

•  Semdex -2bps, $1.64mill

South Africa

•  Top40 +47bps, $1.20bn

Zambia

•  LuSE +11bps, $39k

Zimbabwe

•  Market closed Monday and Tuesday
 

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