Market Insight: July 08, 2013


Africa

•  IMF may cut global growth forecasts because expansion of EM markets is slowing
•  Zimbabwe’s MDC to take part in election despite lack of reform
•  NMB Tanzania gets EUR70m loan for expanding credit to micro, small and mid-sized businesses

Nigeria

•  ASI +1.21%, $22.11m
•  President Jonathan to take state governors and key ministers to China to strengthen ties from power production to bond buying

Kenya

•  NSE20 +0.25%, $4m

Botswana

•  DCI +0.13%, $245k

Egypt

•  Closed

Mauritius

•  Semdex -0.24%, $489k

South Africa

•  Top40 -2.35%, 1.16bn

Zambia

•  LuSE -0.63%, $107k

Zimbabwe

•  Ind +0.78%, Mining unch, $580k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.17

-16.72

Nigeria

NGN

161.00

-3.01

Kenya

KES

86.72

-0.46

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.72

+12.14

Tanzania

TZS

1635.00

-3.06

Uganda

UGX

2590.00

+3.39

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.04

-6.64

BRVM

XOF

513.15

-2.72

Egypt

EGP

7.02

-9.45

Morocco

MAD

8.64

-2.02

Tunisia

TND

1.68

-7.66

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