Market Insight: February 05, 2012


Africa

•  Zambia overstretching debt with $4.5bn of sales on tap
•  Botswana surplus to narrow as economic growth slows
•  Tanzania regulator cuts mobile-phone interconnection fees 69%
•  Uganda holds key rate as subdued demands offsets inflation risks

Nigeria

•  ASI +0.84%, $27.41mill
•  Banking stocks on the charge yesterday with the Bank10 Index gaining 3.35%

Kenya

•  NSE20 +0.68%, $2.7mill
•  Slow day yesterday with most foreigners absent

Botswana

•  DCI +4bps, $9k

Egypt

•  EGX30 +97bps, $76mill

Mauritius

•  Semdex +28bps, $4.04mill

South Africa

•  Top40 +2bps, $1.46bn

Zambia

•  LuSE +12bps, $40k

Zimbabwe

•  Ind +142bps, mining unch, $2.55mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.91

-4.90

Nigeria

NGN

157.38

-0.78

Kenya

KES

87.50

-1.60

Mauritius

MUR

30.40

+0.49

Botswana

BWP

7.94

+2.11

Tanzania

TZS

1621.50

-2.25

Uganda

UGX

2666.00

+0.44

Rwanda

RWF

632.35

-0.14

Ghana

GHS

1.90

-0.05

BRVM

XOF

485.99

+3.18

Egypt

EGP

6.71

-5.18

Morocco

MAD

8.27

+2.82

Tunisia

TND

1.53

+1.04

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