Market Insight: December 10, 2013


Africa

•  Mauritius Q4 Business Confidence Index comes in at 88 (Q3 = 85.1)
•  Sudan inflation rate rises to 42.6% in Nov vs 40.3% in Oct

Nigeria

•  ASI +2bps, $21.8m
•  Mostly dull day lacking in conviction

Kenya

•  NSE20 -15bps, $6.2m
•  Fairly slow day with foreign investors still uninterested
•  Kenya plans to build 4 nuclear power plants in effort to diversify energy mix

Botswana

•  DCI +37bps, $289k

Egypt

•  EGX30 -24bps, $55m

Mauritius

•  Semdex +50bps, $919k

South Africa

•  Top40 +31bps, $1bn

Zimbabwe

•  Ind -75bps, Mining -3.93%, $3.66m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.34

-18.07

Nigeria

NGN

158.45

-1.45

Kenya

KES

86.65

-0.63

Mauritius

MUR

30.30

+0.83

Botswana

BWP

8.68

-10.47

Tanzania

TZS

1608.00

-1.43

Uganda

UGX

2522.75

+6.14

Rwanda

RWF

669.00

-5.61

Ghana

GHS

2.32

-18.09

BRVM

XOF

475.05

+4.44

Egypt

EGP

6.88

-7.59

Morocco

MAD

8.20

+3.21

Tunisia

TND

1.66

-6.95

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