Market Insight: August 16, 2013


Africa

•  Cocoa crunch in Ivory Coast heads for bull market
•  Zambia inflation to quicken to 7.4% in September, Gondwe says
•  Zimbabwe stocks fell for 7th straight session after Mugabe victory

Nigeria

•  ASI +0.01%, $31.41mill
•  A large cross of about 10m Nigerian Breweries towards the end of the session boosted activity
•  Banks (+0.58%) helped the market close slightly higher yesterday

Kenya

•  NSE20 +0.28%, $5.4mill
•  Safcom closed at a 12-month high (7.90) on the back of strong foreign demand

Botswana

•  DCI -8bps, $62k

Egypt

•  Closed yesterday

Mauritius

•  Semdex +40bps, $2.6mill

South Africa

•  Top40 -23bps, $1.25bn

Zambia

•  N/A

Zimbabwe

•  Ind -40bps, mining unch, $2.0mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.99

-15.25

Nigeria

NGN

161.20

-3.13

Kenya

KES

87.50

-1.60

Mauritius

MUR

30.85

-0.97

Botswana

BWP

8.58

+10.31

Tanzania

TZS

1617.00

-1.98

Uganda

UGX

2567.00

+4.31

Rwanda

RWF

647.00

-2.40

Ghana

GHS

2.13

-10.80

BRVM

XOF

497.00

+0.45

Egypt

EGP

6.99

-9.00

Morocco

MAD

8.42

+0.44

Tunisia

TND

1.66

-6.47

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