Market Insight: February 28, 2013


Africa

•  Qatar Telecom looking into Maroc Telecom’s financials as it considers buying Vivendi’s 53% stake
•  Zambia Central Bank holds interest rate unchanged at 9.25% as inflation risks ease

Nigeria

•  ASI +0.37%, $37.42m
•  Crossing in Zenith at N21 just before the close spiking volumes on a vibrant day in Lagos
•  President Jonathan approves N4.98trill ($31.6bn) budget for 2013

Kenya

•  NSE20 +0.99%, $7.3m

Botswana

•  DCI +0.50%, $1.36m

Egypt

•  EGX30 -0.55%, $39m

Mauritius

•  Semdex -0.29%, $1.02m

South Africa

•  Top40 -0.82%, $1.5bn

Zambia

•  LuSE -0.56%, $365k

Zimbabwe

•  Ind -0.84%, Mining -6.16%, $1.53m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.86

-4.49

Nigeria

NGN

158.25

-1.33

Kenya

KES

86.21

-0.13

Mauritius

MUR

31.00

-1.45

Botswana

BWP

8.02

+3.13

Tanzania

TZS

1622.00

-2.28

Uganda

UGX

2661.97

+0.59

Rwanda

RWF

633.92

-0.39

Ghana

GHS

1.91

-0.57

BRVM

XOF

504.45

-0.55

Egypt

EGP

6.73

-5.56

Morocco

MAD

8.50

-0.33

Tunisia

TND

1.57

-1.61

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