Market Insight: February 13, 2013


Africa

•  Zimbabwean government seizes land from Impala Platinum unit
•  Ghana may hold key rate as election spending boosts prices
•  Ghana fuel subsidies to jump to $1.3bn

Nigeria

•  ASI -0.07%, $29.31mill
•  Large crosses in DangCem and WAPCO drove activity yesterday
•  Banks remain strong with the Bank 10 Index gaining 1.05%

Kenya

•  NSE20 +0.49%, $11.3mill
•  A large cross of 1m EABL at the close with foreigners on both sides helped boost activity

Botswana

•  DCI +8bps, $33k

Egypt

•  EGX30 +108bps, $75mill

Mauritius

•  Semdex +19bps, $2.2mill

South Africa

•  Top40 -34bps, $1.30bn

Zambia

•  LuSE -4bps, $1.34mill (large cross in SCZ)

Zimbabwe

•  Ind -43bps, mining -343bps, $1.03mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.96

-5.42

Nigeria

NGN

157.40

-0.79

Kenya

KES

87.48

-1.57

Mauritius

MUR

30.55

unch

Botswana

BWP

8.03

+3.17

Tanzania

TZS

1620.45

-2.19

Uganda

UGX

2643.00

+1.31

Rwanda

RWF

632.96

-0.24

Ghana

GHS

1.90

-0.11

BRVM

XOF

490.47

+1.80

Egypt

EGP

6.71

-5.29

Morocco

MAD

8.33

+1.56

Tunisia

TND

1.55

+0.05

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