Market Insight: December 19, 2013


Nigeria

•  ASI +65bps, $23.3m
•  Buyers returned in the banks (+66bps) and consumers (+75bps)
•  Finance Minister Okonjo-Iweala says the country can account for the suspected missing $50bn oil revenue

Kenya

•  NSE20 -42bps, $8.5m
•  Foreign investors turned net buyers for the first time in a while thus arresting the slide in the likes of Safcom and EABL

Egypt

•  EGX30 +5bps, $69m

Mauritius

•  Semdex -14bps, $592k

South Africa

•  Top40 +14bps, $1.2bn

Zimbabwe

•  Ind -90bps, Mining +9bps, $1.08m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.33

-18.00

Nigeria

NGN

159.90

-2.35

Kenya

KES

86.20

-0.12

Mauritius

MUR

30.05

+1.66

Botswana

BWP

8.68

-10.39

Tanzania

TZS

1604.00

-1.18

Uganda

UGX

2500.00

+7.09

Rwanda

RWF

667.64

-5.42

Ghana

GHS

2.31

-17.87

BRVM

XOF

479.61

+4.10

Egypt

EGP

6.89

-7.72

Morocco

MAD

8.17

+3.57

Tunisia

TND

1.66

-6.11

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