Market Insight: December 03, 2012


African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.79
-7.92

Nigeria

NGN

157.42
+3.10

Kenya

KES

85.95
-1.02

Mauritius

MUR

31.00
-5.32

Botswana

BWP

7.93
+6.23

Tanzania

TZS

1601.50
-1.22

Uganda

UGX

2690.00
-7.81

Rwanda

RWF

629.60
-4.04

Ghana

GHS

1.90
-14.09

BRVM

XOF

507.45
-0.27

Egypt

EGP

6.11
-1.33

Morocco

MAD

8.57
-0.18

Tunisia

TND

1.57
-4.67

Africa

•  Zambian Central bank governor Gondwe says monetary policy been successful since benchmark rate introduced in March
•  World Bank says Senegal growth may reach 6% due to investments in agriculture and energy
•  Ivory Coast to adopt a plan in 2013 to lower government borrowing costs and make changes to coffee and cocoa industries

Nigeria

•  ASI +0.54%, $23.29m
•  Crossing in Zenith accounts for 43% of the daily turnover

Kenya

•  NSE20 unch, $8.9m
•  Vibrant day in Nairobi as the big cap names see lots of foreign interest
•  Woolworths of SA and Deacons of Kenya announce JV, replaces previous arrangement in which Woolworths supplies Deacons with merchandise. Deacons to own 49%, Woolworths 51%, to be known as Woolworths Kenya

Botswana

•  DCI -0.01%, $14k

Egypt

•  EGX30 +0.09%, $1.97m

Mauritius

•  Semdex -0.09%, $3.35m

South Africa

•  Top40 -0.37%, $1.55bn

Zambia

•  LuSE -2.50%, $34k

Zimbabwe

•  Ind -0.17%, Mining unch, $3.5m
 

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