Market Insight: Januray 24, 2012


Africa

•  South Africa’s growth forecast lowered to 2.8% by IMF
•  Gordhan says South Africa has no immediate mining tax plans

Nigeria

•  ASI +1.50%, $32.03mill
•  Activity was boosted by a $7m cross in NAHCO
•  Please note that the market will be closed today

Kenya

•  NSE20 -0.99%, $4.2mill
•  Kenya’s house prices to rise on low supply of complete units

Botswana

•  DCI +35bps, $611k

Egypt

•  EGX30 +16bps, $152mill

Mauritius

•  Semdex -2bps, $675k

South Africa

•  Top40 +71bps, $1.40bn

Zambia

•  LuSE -114bps, $57k

Zimbabwe

•  Ind +62bps, mining -151bps, $1.4mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.97

-5.60

Nigeria

NGN

157.45

-0.83

Kenya

KES

87.35

-1.43

Mauritius

MUR

30.45

+0.33

Botswana

BWP

8.02

+3.09

Tanzania

TZS

1607.00

-1.37

Uganda

UGX

2677.00

+0.03

Rwanda

RWF

631.71

-0.04

Ghana

GHS

1.91

-0.47

BRVM

XOF

493.79

+1.10

Egypt

EGP

6.63

-4.09

Morocco

MAD

8.38

+0.95

Tunisia

TND

1.55

-0.36

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