Market Insight: December 13, 2013


Africa

•  Rwanda Central Bank keeps benchmark interest rate unchanged at 7%

Nigeria

•  ASI -1.42%, $26.3m
•  Reversal in DangCem (-5%) counting for most of the index softness while banks and consumers largely unchanged
•  UBA still struggling to get Angolan banking license

Kenya

•  NSE20 -74bps, $10.5m
•  Local investors dominated the day while softness in the large caps continues

Botswana

•  N/A

Egypt

•  EGX30 +1.15%, $89m

Mauritius

•  Semdex -1bp, $9.5m

South Africa

•  Top40 +1.59%, $1.35bn

Zimbabwe

•  Ind -66bps, Mining unch, $2.29m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.36

-18.26

Nigeria

NGN

159.03

-1.81

Kenya

KES

86.10

-0.46

Mauritius

MUR

30.05

+1.33

Botswana

BWP

8.69

-10.49

Tanzania

TZS

1604.00

-1.18

Uganda

UGX

2500.00

+7.11

Rwanda

RWF

669.98

-5.75

Ghana

GHS

2.32

-18.09

BRVM

XOF

480.06

+4.00

Egypt

EGP

6.88

-7.62

Morocco

MAD

8.18

+3.43

Tunisia

TND

1.66

-5.00

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