Market Insight: February 23, 2014


Nigeria

•  ASI +35bps, $33mill
•  Outside of a couple of chunky crosses in the likes of Nestle(unch, N820), NB (+64bps, N134.70), Dangcem(-65bps ,N152.20) and UACN (+3bps, N34.00) the market was extremely dull.

Kenya

•  NSE20 +20bps, $10.94mill
•  The most active names were EABL (KES346) and Centum which saw a large cross (mix of local and foreign) at KES62.00.
•  Rumored boycott never materialized

Botswana

•  DCI +5bps, $175k

Mauritius

•  Semdex -1bps, $14.2mil

Zimbabwe

•  Ind -25bps, $1mil

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.66

-0.80

Nigeria

NGN

198.75

-7.70

Kenya

KES

91.45

-0.93

Mauritius

MUR

33.40

-4.94

Botswana

BWP

9.64

-1.34

Tanzania

TZS

1838.00

-5.71

Uganda

UGX

2873.00

-3.55

Rwanda

RWF

705.04

-2.16

Ghana

GHS

3.46

-7.14

BRVM

XOF

583.49

-7.10

Egypt

EGP

7.57

-5.60

Morocco

MAD

9.57

-5.14

Tunisia

TND

1.93

-3.70

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