Market Insight: February 26, 2014


Africa

•  Gambia's Economy contracted in 2014 on weak tourism, agriculture
•  Ugandan Shilling weaker on dollar demand by manufacturers

Nigeria

•  ASI +17bps, $22.3mill
•  There were solid gains in GTB (+2.2%, N23.20), FBNH (+2.5%, N7.80) and ETI (+1.85%, N16.50).

Kenya

•  NSE20 +23bps, $13.2mill
•  Foreign demand drove Safcom +1.3% higher as 33.85m shares traded in the telco thanks to a few crosses.

Botswana

•  DCI +1bps, $78k

Mauritius

•  Semdex +9bps, $1.91mil

Zimbabwe

•  Ind -2bps, $764k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.48

+0.77

Nigeria

NGN

201.28

-8.86

Kenya

KES

91.49

-0.97

Mauritius

MUR

33.25

-4.51

Botswana

BWP

9.57

-0.78

Tanzania

TZS

1820.00

-4.78

Uganda

UGX

2880.00

-3.78

Rwanda

RWF

695.20

-0.78

Ghana

GHS

3.46

-7.14

BRVM

XOF

581.75

-6.70

Egypt

EGP

7.57

-5.63

Morocco

MAD

9.53

-4.83

Tunisia

TND

1.93

-3.57

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