Market Insight: July 01, 2013


Africa

•  Amara sees Samsung funding majority of Sierra Leone gold mine
•  Mursi proposes power sharing as Egypt army deadline approaches
•  Mursi’s trust in army man’s loyalty backfires as Egypt teeters

Nigeria

•  ASI -0.26%, $25.84mill
•  Crosses in IHS and Transcorp dominated activity in an otherwise very dull session
•  Nigeria braves emerging-debt plunge with $1bn in bonds

Kenya

•  NSE20 +0.02%, $6.2mill
•  Kenya market regulator approves NTT takeover of Access Kenya
•  Kenya accepts 3bn Shillings of bids for Repos/ Auction deposits
•  Tullow raises Kenya oil estimates after drilling Lokichar Basin

Botswana

•  DCI unch, $259k

Egypt

•  EGX30 -32bps, $43mill

Mauritius

•  Semdex -47bps, $817k

South Africa

•  Top40 -121bps, $1.50bn

Zambia

•  LuSE +9bps, $283k

Zimbabwe

•  Ind +98bps, mining -254bps, $1.25mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.97

-16.09

Nigeria

NGN

160.15

-2.50

Kenya

KES

86.23

+0.23

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.67

+11.41

Tanzania

TZS

1632.00

-2.88

Uganda

UGX

2595.83

+3.15

Rwanda

RWF

649.65

-2.80

Ghana

GHS

2.04

-6.64

BRVM

XOF

507.55

-1.61

Egypt

EGP

7.03

-9.45

Morocco

MAD

8.57

-1.24

Tunisia

TND

1.66

-6.87

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