Market Insight: February 11, 2013


Africa

•  World Bank allocates $2bn in economic support for Egypt
•  Angolan court rules sovereign fund constitutional
•  Zimbabwe’s NCA plans legal action on referendum

Nigeria

•  A much quieter session last Friday with most foreigners absent
•  Banking stocks still performing well with the Bank10 Index gaining 0.54%

Kenya

•  A much quieter session than Thursday but activity still remained robust
•  Foreigners remain net buyers, accounting for 58.5% of total purchases

Botswana

•  DCI -0.09%, USD 143k

Egypt

•  EGX30 +0.18%, USD 44mill

Mauritius

•  Semdex +0.24%, USD 2.27mill

South Africa

•  Top 40 +0.57%, USD 1.27bn

Zambia

•  LuSE +0.84%, USD 58k

Zimbabwe

•  Industrials +0.07%, Mining -2.31%, USD 1.08mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.88

-4.59

Nigeria

NGN

157.25

-0.70

Kenya

KES

87.60

-1.71

Mauritius

MUR

30.35

+0.66

Botswana

BWP

8.01

+2.97

Tanzania

TZS

1615.00

-1.86

Uganda

UGX

2655.00

+0.86

Rwanda

RWF

632.76

-0.21

Ghana

GHS

1.90

-0.16

BRVM

XOF

491.99

+1.48

Egypt

EGP

6.71

-5.30

Morocco

MAD

8.35

+1.28

Tunisia

TND

1.55

+0.02

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