Market Insight: January 14, 2014


Africa

•  Zimbabwe proposes 25% mine royalties for sovereign wealth fund
•  Ghana will allow trading in Chines Yuan this year
•  Tanzania’s Kikwete says economy forecast to expand 7.3% this year

Nigeria

•  ASI -0.10%, $27.9mill
•  Crosses in Oando drove activity yesterday
•  The market will be closed for a public holiday today

Kenya

•  NSE20 -0.84%, $4.4mill
•  Not much on the go in Nairobi today
•  The MPC will hold its meeting today
•  Britam is said to plan acquisition of money managers

Botswana

•  DCI +38bps, $170k

Egypt

•  Closed yesterday

Mauritius

•  Semdex -14bps, $918k

South Africa

•  Top40 +107bps, $1.15bn

Zimbabwe

•  Ind +18bps, mining unch, $3.26mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.73

-2.29

Nigeria

NGN

159.51

+0.50

Kenya

KES

86.25

+0.06

Mauritius

MUR

30.20

-0.50

Botswana

BWP

8.86

-1.27

Tanzania

TZS

1621.00

-1.91

Uganda

UGX

2518.50

+0.34

Rwanda

RWF

674.42

+0.23

Ghana

GHS

2.34

+1.28

BRVM

XOF

483.59

-0.72

Egypt

EGP

6.95

-0.13

Morocco

MAD

8.23

-0.58

Tunisia

TND

1.65

-0.65

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