Market Insight: February 01, 2012


Africa

•  Zimbabwe caps interest rates for Barclays, Standard Chartered
•  Bank of Zambia keeps policy rate unchanged at 9.25%
•  Zambian inflation slows to 7% in January as food prices ease
•  Rival Egyptian political camps agree framework to end violence

Nigeria

•  ASI +0.12%, $22.68mill
•  Flour Mills announced Q3 numbers with the name closing at 89.90
•  The Naira climbed the most in a week on expectation of oil company sales

Kenya

•  NSE20 +0.09%, $4.4mill
•  January inflation increased 3.67% y/y
•  The Shilling weakened as businesses bought Dollars before vote

Botswana

•  DCI +88bps, $1.36mill

Egypt

•  EGX30 +55bps, $72mill

Mauritius

•  Semdex +19bps, $3.41mill

South Africa

•  Top40 +6bps, $2.08bn

Zambia

•  LuSE -25bps, $35k

Zimbabwe

•  Ind +248bps, mining +425bps, $2.93mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.93

-5.19

Nigeria

NGN

157.17

-0.65

Kenya

KES

87.10

-1.15

Mauritius

MUR

30.32

+0.76

Botswana

BWP

8.93

+2.88

Tanzania

TZS

1618.00

-2.04

Uganda

UGX

2660.00

+0.67

Rwanda

RWF

632.24

-0.12

Ghana

GHS

1.90

+0.05

BRVM

XOF

485.62

+2.83

Egypt

EGP

6.71

-5.22

Morocco

MAD

8.26

+2.36

Tunisia

TND

1.53

+0.93

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