Market Insight: February 28, 2014


Africa

•  Uganda's anti-gay law punished in currency market as donors balk
•  Ghanaians cut savings to keep babies fed as prices soar
•  Congo seen by CRU trumping Zambia as top Africa copper miner
•  Zimbabwe mines body says platinum export levy to harm industry

Nigeria

•  ASI +0.06%, $13.15mill
•  Absolutely dead quiet yesterday
•  Banks fell 0.82%

Kenya

•  NSE20 +0.25%, $5.7mill
•  Kenya Commercial Bank and Equity Bank reported FY 2013 results yesterday
•  BATK is set to report FY 2013 results before today's open

Botswana

•  DCI -40bps, $74k

Egypt

•  EGX30 +161bps, $152mill

Mauritius

•  Closed yesterday

South Africa

•  Top40 +2bps, $1.48bn

Zimbabwe

•  Ind +1bps, mining +663bps, $760k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.75

-2.33

Nigeria

NGN

164.74

-2.70

Kenya

KES

86.45

-0.17

Mauritius

MUR

30.10

-0.17

Botswana

BWP

8.87

-1.14

Tanzania

TZS

1626.00

-2.21

Uganda

UGX

2533.00

-0.24

Rwanda

RWF

680.50

-0.66

Ghana

GHS

2.44

-2.66

BRVM

XOF

482.39

-0.47

Egypt

EGP

6.96

-0.20

Morocco

MAD

8.21

-0.30

Tunisia

TND

1.58

+3.68

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