Market Insight: February 18, 2013


Africa

•  Piracy surge threatens West Africa oil tankers
•  Malawian Kwacha hits decade low as foreign reserves decline
•  Ethiopian military-run company Metals & Engineering Corp seeks more foreign partners

Nigeria

•  ASI -0.02%, $25.97mill
•  Nigerian economy to grow 6.8% in 2013 according to the National Bureau of Statistics
•  Inflation to average 9.8% in 2013

Kenya

•  NSE20 -0.89%, $8.4mill
•  Kenya calls Prime Minister’s vote rigging allegations dangerous
•  Kenyan bomber dies targeting presidential candidate speech venue

Botswana

•  DCI +6bps, $214k

Egypt

•  EGX30 -8bps, $52mill

Mauritius

•  Semdex +4bps, $2.1mill

South Africa

•  Top40 -41bps, $1.30bn

Zambia

•  LuSE +68bps, $14k

Zimbabwe

•  Ind -44bps, mining +655bps, $1.15mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.88

-4.65

Nigeria

NGN

157.45

-0.83

Kenya

KES

87.55

-1.66

Mauritius

MUR

30.60

-0.16

Botswana

BWP

8.00

+2.76

Tanzania

TZS

1618.00

-2.04

Uganda

UGX

2655.00

+0.86

Rwanda

RWF

633.38

-0.30

Ghana

GHS

1.90

+0.24

BRVM

XOF

493.66

+1.12

Egypt

EGP

6.73

-5.46

Morocco

MAD

8.37

+1.02

Tunisia

TND

1.55

-0.41

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