Market Insight: Januray 22, 2012


Africa

•  Malawi keeps interest rate at 6-year high as inflation persists
•  Mali, French forces take two towns as African troops land

Nigeria

•  ASI -0.27%, $23.14mill
•  Nigeria may postpone rate cut as spending fuels inflation
•  Nigerian militant leader convicted in South Africa on terrorism

Kenya

•  NSE20 -0.64%, $4.8mill
•  The Shilling weakened to its lowest level in a year ahead of the vote
•  Japan grants Kenya funds for water supply, farming project

Botswana

•  DCI +3bps, $722k

Egypt

•  EGX30 -77bps, $61mill

Mauritius

•  Semdex -37bps, $476k

South Africa

•  Top40 -44bps, $1.25bn

Zambia

•  LuSE +81bps, $62k

Zimbabwe

•  Ind -1bps, mining +336bps, $230k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.86

-4.42

Nigeria

NGN

157.09

-0.60

Kenya

KES

86.90

-0.92

Mauritius

MUR

30.55

unch

Botswana

BWP

7.98

+2.60

Tanzania

TZS

1607.00

-1.37

Uganda

UGX

2680.00

-0.08

Rwanda

RWF

631.46

unch

Ghana

GHS

1.90

-0.18

BRVM

XOF

494.89

+0.87

Egypt

EGP

6.61

-3.87

Morocco

MAD

8.40

+0.77

Tunisia

TND

1.55

-0.38

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