Market Insight: August 27, 2012


African Currencies

 
Country
Notation
Currency
 
South Africa
ZAR
8.3918
 
Nigeria
NGN
157.975
 
Kenya
KES
84.10
 
Mauritius
MUR
30.30
 
Botswana
BWP
7.773
 
Tanzania
TZS
1572
 
Uganda
UGX
2510.00
 
Rwanda
RWF
613.666
 
Ghana
GHS
1.9325
 
BRVM
XOF
525.97
 
Egypt
EGP
6.0896
 
Morocco
MAD
8.8318
 
Tunisia
TND
1.6007

Nigeria

•  ASI +96bps, $18.04mill. Banking stocks continue to drive both volumes and performance while consumers NB and Guinness also featuring strong buying interest
•  Sanusi tells reporters that annual inflation may stay below forecast highs

Kenya

•  NSE20 -24bps, $2.39mill. EABL -2.62% drags the index south after results out on Friday morning
•  EABL results out on Friday morning shows 24% increase in FY profits on higher sales and growth outside Kenya

Botswana

•  DCI +15bps, $22k

Egypt

•  Closed

Mauritius

•  Semdex -14bps, $2.87mill

South Africa

•  Top40 -13bps, $1.18bn

Zambia

•  LuSE -26bps, $293k

Zimbabwe

•  Ind -40bps, Mining unch, $729k
 

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