Market Insight: February 04, 2014

Africa

•  Ghana Central Bank ready to intervene if cedi weakness threatens inflation
•  Ghana SEC close to approving IPO of Mega African Capital in first listing in 6 years

Nigeria

•  ASI +1.96%, $34.06m
•  Strong rally in the banks (+2.24%) leading the bulls with consumers (+49bps) also strong

Kenya

•  NSE20 -57bps, $8.2m
•  Safcom (+1.8%) and EABL (+2.7%) bounce back despite a fall in the banks

Botswana

•  DCI unch, $64k

Egypt

•  EGX30 -37bps, $105m

Mauritius

•  Semdex -60bps, $2.21m

South Africa

•  Top40 -38bps, $1.17bn

Zimbabwe

•  Ind +55bps, Mining unch, $1.98m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.19

-6.31

Nigeria

NGN

162.49

-1.35

Kenya

KES

86.55

-.12

Mauritius

MUR

30.45

-1.31

Botswana

BWP

9.07

-3.81

Tanzania

TZS

1622.00

-1.91

Uganda

UGX

2475.00

+2.10

Rwanda

RWF

674.78

-0.18

Ghana

GHS

2.46

-3.65

BRVM

XOF

488.25

-1.41

Egypt

EGP

6.96

-0.22

Morocco

MAD

8.29

-1.30

Tunisia

TND

1.60

+2.25

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