Market Insight: February 14, 2013


Africa

•  South Africa retail sales growth slows in December on inflation
•  Ghana holds benchmark rate at 15% as budget deficit soars
•  The Mauritian market closed early yesterday due to flooding

Nigeria

•  ASI -0.40%, $35.64mill
•  Very large book over in DangCem yesterday which helped boost activity
•  Marginal profit taking in banking stocks yesterday with the Bank 10 Index falling 0.46%

Kenya

•  NSE20 +0.32%, $11.4mill
•  Large cross in EABL again yesterday with foreigners on both sides
•  Barclays 2012 profit rises on income/ less loan losses
•  Kenya coffee prices climb for the first time in 4 weeks

Botswana

•  DCI +10bps, $2.04mill

Egypt

•  EGX30 -41bps, $56mill

Mauritius

•  Data not available

South Africa

•  Top40 +28bps, $1.33bn

Zambia

•  LuSE -35bps, $6.6k

Zimbabwe

•  Ind -16bps, mining unch, $1.2mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.84

-4.14

Nigeria

NGN

157.37

-0.78

Kenya

KES

87.38

-1.46

Mauritius

MUR

30.55

unch

Botswana

BWP

7.98

+2.51

Tanzania

TZS

1615.00

-1.86

Uganda

UGX

2640.00

+1.43

Rwanda

RWF

633.06

-0.25

Ghana

GHS

1.90

-0.03

BRVM

XOF

489.01

+2.11

Egypt

EGP

6.72

-5.40

Morocco

MAD

8.31

+1.79

Tunisia

TND

1.54

+0.30

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