Market Insight: February 18, 2013


Africa

•  Ghana’s credit rating outlook cut at Fitch on budget
•  Rwanda raises 2013 GDP growth forecast to 7.1% from previous 6%
•  Zimbabwe referendum date set for March 16th

Nigeria

•  ASI -0.25%, $28.80mill
•  A slight gain in banking stocks (Bank 10 +0.28%) could not help the Index close higher

Kenya

•  NSE20 -0.49%, $3.7mill
•  A relatively quiet day on Friday after a few very active days
•  EABL posted rather disappointing H1 2013 numbers

Botswana

•  DCI -7bps, $800k

Egypt

•  EGX30 -35bps, $46mill

Mauritius

•  Semdex +90bps, $1.81mill

South Africa

•  Top40 -12bps, $1.40bn

Zambia

•  LuSE +70bps, $96k

Zimbabwe

•  Ind $2.15mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.80

-3.89

Nigeria

NGN

157.31

-0.74

Kenya

KES

87.65

-1.35

Mauritius

MUR

30.65

-0.33

Botswana

BWP

7.98

+2.56

Tanzania

TZS

1617.00

-1.98

Uganda

UGX

2635.00

+1.62

Rwanda

RWF

633.28

-0.29

Ghana

GHS

1.89

+0.42

BRVM

XOF

493.07

+1.23

Egypt

EGP

6.72

-5.40

Morocco

MAD

8.36

+1.08

Tunisia

TND

1.55

-0.27

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