Market Insight: February 17, 2014


Africa

•  StanChart targets Africa buyouts after %700m of deals
•  Malawi central bank keeps benchmark interest rate at 25%

Nigeria

•  ASI -1.55%, $30.4mill
•  Banks (-3.62%) continued to come under pressure on Friday
•  Nigeria vows Naira intervention as stocks decline most in world

Kenya

•  NSE20 -0.02%, $4.4mill
•  EABL released H1 2014 results with EPS increasing 5.2%

Botswana

•  DCI -3bps, $17k

Egypt

•  EGX30 -19bps, $82mill

Mauritius

•  Semdex +5bps, $707k

South Africa

•  Top40 +87bps, $1.34bn

Zimbabwe

•  Ind -27bps, mining unch, $270k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.87

-3.56

Nigeria

NGN

162.13

-1.13

Kenya

KES

86.40

-0.12

Mauritius

MUR

30.20

-0.50

Botswana

BWP

8.92

-2.01

Tanzania

TZS

1625.00

-2.15

Uganda

UGX

2457.58

+2.82

Rwanda

RWF

676.65

-0.10

Ghana

GHS

2.54

-6.50

BRVM

XOF

479.30

+0.18

Egypt

EGP

6.96

-0.20

Morocco

MAD

8.21

-0.33

Tunisia

TND

1.58

+3.73

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