Market Insight: December 22, 2014


Africa

•  Zambian mine royalties rise to cost 12,000 jobs
•  Tanzanian economy increases by almost a third after rebasing

Nigeria

•  ASI +340bps, $164mill
•  A massive cross in UBBN (3.53bn shares) drove proceedings
•  Banks (+5.19%) and Consumers (+2.07%) continued to gain

Kenya

•  NSE20 -96bps, $9.9mill
•  Activity was evenly split between locals and foreigners

Botswana

•  DCI +6bps, $1.71mill

Mauritius

•  Semdex -24bps, $2.61mill

Zimbabwe

•  Ind -65bps, $686k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.57

-9.37

Nigeria

NGN

183.55

-12.67

Kenya

KES

90.45

-4.59

Mauritius

MUR

31.65

-5.06

Botswana

BWP

9.51

-7.70

Tanzania

TZS

1693.00

-6.08

Uganda

UGX

2775.00

-8.94

Rwanda

RWF

701.02

-3.57

Ghana

GHS

3.19

-25.65

BRVM

XOF

536.65

-10.54

Egypt

EGP

7.14

-2.81

Morocco

MAD

8.95

-8.59

Tunisia

TND

1.86

-11.70

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