Market Insight: July 01, 2015


Nigeria

•  ASI +62bps, $21.4mill
•  Block trading in select names once again the highlight of the session

Crosses are once again expected to dominate proceedings while the broader market remains quiet.

Kenya

•  NSE20 +142bps, $90.6mill
•  A massive cross of 156m EQBNK @ KES 47.50 (Helios the seller) was the highlight of the day

On the foreign investor limit, the finance minister is quoted in the news as saying that the 75% limit has been gazetted for removal. Will update once we see the actual notice, which is likely to be around early next week

Botswana

•  DCI +61bps, $373k

Mauritius

•  Semdex +4bps, $2.7mill

Zimbabwe

•  Ind -30bps, $63k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.16

-4.87

Nigeria

NGN

199.00

-7.81

Kenya

KES

99.30

-8.76

Mauritius

MUR

35.20

-9.80

Botswana

BWP

9.86

-3.57

Tanzania

TZS

1995.00

-13.13

Uganda

UGX

3305.00

-16.16

Rwanda

RWF

722.50

-4.52

Ghana

GHS

4.36

-26.20

BRVM

XOF

587.86

-7.79

Egypt

EGP

7.63

-6.31

Morocco

MAD

9.70

-6.67

Tunisia

TND

1.94

-4.05

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