Market Insight: Januray 21, 2012


Africa

•  Egypt yields decline as Qatar pledges bond purchase
•  Sawiris plans to return to Egypt to participate in its development despite conflicts with Brotherhood
•  Tanzania looks to reduce mobile fees by 69% to boost competition

Nigeria

•  ASI +1.99%, $25.35m
•  Bulls continue to run rampant on good volumes with consumer names the pick of the bunch

Kenya

•  NSE20 -1.00%, $4.9m
•  A drop in foreign as well as total activity a day after chaos and disorganization in the party primaries

Botswana

•  DCI +0.06%, $2.15m

Egypt

•  Closed

Mauritius

•  Semdex -0.08%, $1.35m

South Africa

•  Top40 +0.45%, $1.47bn

Zambia

•  LuSE -0.37%, $54k

Zimbabwe

•  Ind +1.34%, Mining unch, $1.53m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.88

-4.65

Nigeria

NGN

157.10

-0.60

Kenya

KES

86.85

-0.86

Mauritius

MUR

30.50

-0.16

Botswana

BWP

7.99

+2.68

Tanzania

TZS

1605.50

-1.28

Uganda

UGX

2670.00

+0.29

Rwanda

RWF

631.37

+0.01

Ghana

GHS

1.90

-0.10

BRVM

XOF

495.28

+0.80

Egypt

EGP

6.60

-3.61

Morocco

MAD

8.40

+0.70

Tunisia

TND

1.55

+0.21

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