Market Insight: February 07, 2014


Africa

•  Ghana Central Bank lifts key interest rate to 18%, 1 day after curbing foreign exchange transactions in effort to control cedi
•  Zambia to commission power projects in efforts to boost power by 39% in 2014

Nigeria

•  ASI -28bps, $16.9m
•  Very dull day with banks (-50bps) and consumers (-26bps) mildly weak

Kenya

•  NSE20 -54bps, $10.2m
•  Local investors continue to dominate on the NSE
•  BCBL fell by 2% to KES 16.60 after reporting 12.8% drop in profits

Botswana

•  DCI +1bp, $757k

Egypt

•  EGX30 +1.13%, $136m

Mauritius

•  Closed yesterday

South Africa

•  Top40 +1.24%, $1.99bn

Zimbabwe

•  Ind +34bps, Mining unch, $710k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.04

-4.91

Nigeria

NGN

163.37

-1.88

Kenya

KES

86.00

+0.35

Mauritius

MUR

30.40

-1.15

Botswana

BWP

9.07

-3.50

Tanzania

TZS

1621.00

-1.91

Uganda

UGX

2460.10

+2.72

Rwanda

RWF

678.01

-0.30

Ghana

GHS

2.47

-3.85

BRVM

XOF

485.07

-1.03

Egypt

EGP

6.96

-0.21

Morocco

MAD

8.25

-0.83

Tunisia

TND

1.59

+3.06

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