Market Insight: December 11, 2013


Africa

•  Botswana cuts benchmark interest rate from 8% to 7.5%

Nigeria

•  ASI +55bps, $20.6m
•  Very dull session with a couple of crosses dominating the day

Kenya

•  NSE20 -52bps, $12.9m
•  Foreign participation increased mostly on the sell side of the large caps

Botswana

•  DCI +1bps, $26k

Egypt

•  EGX30 -11bps, $42m

Mauritius

•  Semdex +30bps, $672k

South Africa

•  Top40 -23bps, $1.16bn

Zimbabwe

•  Ind -31bps, Mining unch, $4.53m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.32

-18

Nigeria

NGN

158.27

-1.34

Kenya

KES

86.80

-0.81

Mauritius

MUR

30.30

+0.83

Botswana

BWP

8.65

-10.16

Tanzania

TZS

1606.00

-1.31

Uganda

UGX

2517.50

+6.36

Rwanda

RWF

666.74

-5.29

Ghana

GHS

2.32

-18.09

BRVM

XOF

479.02

+4.24

Egypt

EGP

6.88

-7.63

Morocco

MAD

8.17

+3.56

Tunisia

TND

1.66

-6.76

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