Market Insight: July 01, 2013


Africa

•  Angola delays secondary bond market to Q1 2014
•  Zambia raises key interest rate to 9.75%
•  Zambia’s Zambeef sales fall 15% after embalming-fluid claims
•  Ghana heads for record low in third quarterly loss

Nigeria

•  ASI -0.85%, $26.69mill
•  Banks continued to rally on Friday with the Bank 10 index gaining 0.37%

Kenya

•  NSE20 +0.30%, $2.1mill
•  Extremely quiet end to the week last Friday
•  GDP in the three months through March expanded 5.2%

Botswana

•  DCI unch, $2.89mill

Egypt

•  EGX30 +143bps, $21mill

Mauritius

•  Semdex -7bps, $643k

South Africa

•  Top40 +114bps, $2.07bn

Zambia

•  LuSE +38bps, $28k

Zimbabwe

•  Ind -65bps, mining unch, $6.30mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.92

-14.64

Nigeria

NGN

162.53

-3.93

Kenya

KES

85.90

+0.23

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.56

+10.02

Tanzania

TZS

1625.00

-2.46

Uganda

UGX

2593.00

+3.27

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.04

-6.64

BRVM

XOF

504.64

-1.07

Egypt

EGP

7.01

-9.30

Morocco

MAD

8.55

-1.14

Tunisia

TND

1.65

-6.14

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