Market Insight: January 23, 2014


Nigeria

•  ASI -1.10%, $21.06m
•  Banks took a pounding (-2.98%) after MPC announced increase in CRR to 75% - Skye (-9%) and FBNH (-6%) the biggest fallers

Kenya

•  NSE20 +34bps, $6.9m
•  Heavy foreign selling in EqBnk reversing prior day’s gains while EABL remains weak

Botswana

•  DCI +49bps, $2.1m

Egypt

•  EGX30 +1.31%, $114m

Mauritius

•  Semdex -12bps, $2.06m

South Africa

•  Top40 +16bps, $1.1bn

Zimbabwe

•  Ind -93bps, Mining -3.86%, $1.8m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.86

-3.36

Nigeria

NGN

159.45

+0.53

Kenya

KES

85.73

+0.66

Mauritius

MUR

30.35

-0.99

Botswana

BWP

8.94

-2.06

Tanzania

TZS

1622.00

-1.97

Uganda

UGX

2475.00

+2.10

Rwanda

RWF

678.81

-0.41

Ghana

GHS

2.42

-1.86

BRVM

XOF

486.28

-1.25

Egypt

EGP

6.96

-0.24

Morocco

MAD

8.26

-1.02

Tunisia

TND

1.63

+0.64

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