Market Insight: August 24, 2012


African Currencies

 
Country
Notation
Currency
 
South Africa
ZAR
8.3669
 
Nigeria
NGN
158.1250
 
Kenya
KES
84.00
 
Mauritius
MUR
30.25
 
Botswana
BWP
7.7580
 
Tanzania
TZS
1574.00
 
Uganda
UGX
2520.00
 
Rwanda
RWF
613.6660
 
Ghana
GHS
1.9295
 
BRVM
XOF
525.3601
 
Egypt
EGP
6.0877
 
Morocco
MAD
8.8139
 
Tunisia
TND
1.6009

Nigeria

•  ASI -5bps, $19.45mill. Active day again in Nigeria with the vols concentrated in the usual names, viz banks and NB

Kenya

•  NSE20 -5bps, $3.91mill. EQBNK the most active name with buying interest returning
•  NIC Bank posts 45% increase in profits as earnings from loans increased. NIC plans a rights offer to fund expansion plans

Egypt

•  EGX30 +1.04%, $101mill

Mauritius

•  Semdex -34bps, $2.13mill

South Africa

•  Top40 +61bps, $1.69bn

Zambia

•  LuSE -4bps, $4k

Zimbabwe

•  Ind -6bps, Mining unch, $1.74mill
 

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