Market Insight: February 06, 2014


Africa

•  Ghana Central Bank to announce interest rates tomorrow, expectations are for rate increase of at least 100bps
•  Ghana Central Bank to announce interest rates tomorrow, expectations are for rate increase of at least 100bps

Nigeria

•  ASI -45bps, $45.5m
•  Massive crosses in DangCem, Forte Oil, NB, GTB and Zenith helping the ASI to big volumes although weakness in consumers (-49bps) remains

Kenya

•  NSE20 -28bps, $7.4m
•  Foreign investors remain passive in Nairobi

Botswana

•  DCI -11bps, $718k

Egypt

•  EGX30 +77bps, $106m

Mauritius

•  Semdex -16bps, $1.45m

South Africa

•  Top40 +6bps, $1.59bn

Zimbabwe

•  Ind +20bps, Mining unch, $1.71m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.14

-5.90

Nigeria

NGN

163.25

-1.81

Kenya

KES

86.10

+0.23

Mauritius

MUR

30.40

-1.15

Botswana

BWP

8.99

-3.52

Tanzania

TZS

1623.00

-2.03

Uganda

UGX

2470.00

+2.31

Rwanda

RWF

681.17

-0.76

Ghana

GHS

2.49

-4.62

BRVM

XOF

487.51

-1.52

Egypt

EGP

6.96

-0.23

Morocco

MAD

8.28

-1.19

Tunisia

TND

1.60

+2.47

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