Market Insight: August 21, 2014


Africa

•  Impala Platinum closes its largest Zimbabwe mine over safety
•  Namibia lifts benchmark rate to 6% to curb surging credit demand
•  Zambia’s IDC plans bond, stake sales for state-owned companies
•  Ghana expects Hess offshore oil field to join project lineup

Nigeria

•  ASI -5bps, $11.3mill
•  Absolutely dire day yesterday with nothing on the go

Kenya

•  NSE20 -42bps, $5.1mill
•  Quiet day with locals (79.5%) dominating proceedings

Botswana

•  DCI +11bps, $1.88mill

Egypt

•  EGX30 +45bps, $153mill

Mauritius

•  Semdex +14bps, $1.28mill

Zimbabwe

•  Ind +8bps, $1.33mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.69

-1.85

Nigeria

NGN

162.00

-1.05

Kenya

KES

88.25

-2.21

Mauritius

MUR

30.69

-2.09

Botswana

BWP

8.89

-1.57

Tanzania

TZS

1669.00

-4.73

Uganda

UGX

2600.00

-2.81

Rwanda

RWF

689.90

-2.02

Ghana

GHS

3.88

-38.84

BRVM

XOF

496.50

-3.30

Egypt

EGP

7.14

-2.82

Morocco

MAD

8.41

-2.60

Tunisia

TND

1.72

-4.68

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