Market Insight: February 15, 2013


Africa

•  Angola’s Central Bank sees room for lower interest rates
•  Zimbabwe Minister to probe Anglo, Aquarius and Impala agreements

Nigeria

•  ASI -0.04%, $24.61mill
•  Profit taking evident amongst banking stocks with the Bank 10 Index falling 2.14%
•  DangCem rebounded 5% after two days of losses
•  Jonathan faces united opposition, divided party

Kenya

•  NSE20 -0.23%, $6.5mill
•  Severe profit taking in KCB with the counter falling 3.9% to 37.00

Botswana

•  DCI +1bps, $6k

Egypt

•  EGX30 -28bps, $41mill

Mauritius

•  Semdex +1bps, $1.67mill

South Africa

•  Top40 -65bps, $1.50bn

Zambia

•  LuSE +61bps, $174k

Zimbabwe

•  Ind +20bps, mining -111bps, $4.40mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.87

-4.52

Nigeria

NGN

157.33

-0.75

Kenya

KES

87.30

-1.37

Mauritius

MUR

30.60

-0.16

Botswana

BWP

7.99

+2.64

Tanzania

TZS

1618.00

-2.04

Uganda

UGX

2640.00

+1.43

Rwanda

RWF

633.19

-0.27

Ghana

GHS

1.89

+0.34

BRVM

XOF

491.64

+1.55

Egypt

EGP

6.72

-5.41

Morocco

MAD

8.38

+0.88

Tunisia

TND

1.55

+0.34

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