Market Insight: Januray 30, 2012


Africa

•  Malawi’s benchmark tea price increases 4% to $2.86kg
•  First Quantum says Zambia nickel export levy threatens mine
•  Somali Prime Minister survives suicide bomb attack outside home
•  Egypt defense chief warns of “collapse of state” amid unrest

Nigeria

•  ASI +0.31%, $19.82mill
•  Nigeria looks to Rio Tinto, Ratel group for mining revival

Kenya

•  NSE20 +0.14%, $3.6mill
•  Much slower day yesterday with foreign participation easing

Botswana

•  DCI +10bps, $1.19mill

Egypt

•  EGX30 -201bps, $73mill

Mauritius

•  Semdex +14bps, $2.19mill

South Africa

•  Top40 +22bps, $1.26bn

Zambia

•  LuSE +33bps, $27k

Zimbabwe

•  Ind +41bps, mining -249bps, $1.6mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.03

-6.20

Nigeria

NGN

157.10

-0.60

Kenya

KES

87.75

-1.88

Mauritius

MUR

30.55

unch

Botswana

BWP

8.04

+3.38

Tanzania

TZS

1612.00

-1.67

Uganda

UGX

2667.50

+0.38

Rwanda

RWF

632.00

-0.09

Ghana

GHS

1.90

+0.11

BRVM

XOF

487.57

+2.11

Egypt

EGP

6.68

-4.79

Morocco

MAD

8.31

+1.76

Tunisia

TND

1.54

+0.63

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