Market Insight: January 21, 2014


Africa

•  Heavy rains slow vote in Zambias elections for new president
•  Sub-Sahara growth cut to 4.8% from 7.3% on lower oil

Nigeria

•  ASI +15bps, $21.8mill
•  Banks continue to rally with the sector gaining +2.16%
•  The Central Bank left interest rates at 13.0%

Kenya

•  NSE20 -74bps, $5.9mill
•  Still rather dull as locals continue to dominate

Botswana

•  DCI -5bps, $802k

Mauritius

•  Semdex -38bps, $2.57mill

Zimbabwe

•  Ind +13bps, $1.8mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.61

-0.40

Nigeria

NGN

189.05

-2.96

Kenya

KES

91.70

-1.20

Mauritius

MUR

32.40

-2.01

Botswana

BWP

9.57

-1.00

Tanzania

TZS

1783.00

-2.80

Uganda

UGX

2900.00

-4.45

Rwanda

RWF

701.02

-1.60

Ghana

GHS

3.31

-2.82

BRVM

XOF

565.35

-4.12

Egypt

EGP

7.27

-1.65

Morocco

MAD

9.39

-3.34

Tunisia

TND

1.91

-2.52

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