Market Insight: July 09, 2013


Africa

•  Amplats mines disrupted as 11% of workers go on strike
•  Eskom’s Medupi power plant delayed until 2014 as labor disruptions drive up costs

Nigeria

•  ASI -0.32%, $13.43m
•  Very quiet day in Lagos, with just some crossing in GTB about the only excitement

Kenya

•  NSE20 -0.20%, $6.3m
•  Safcom dominated the day’s proceedings accounting for about 42% of the day’s action
•  AccessKenya board backs KES3bn takeover by Dimension Data
•  Kenya benchmark interest rate due out today, expectations are for an unchanged rate of 8.5%

Botswana

•  DCI -0.02%, $269k

Egypt

•  EGX30 -3.55%, $58m

Mauritius

•  Semdex -0.89%, $717k

South Africa

•  Top40 +1.98%, $1.11bn

Zambia

•  LuSE -0.27%, $26k

Zimbabwe

•  Ind +0.52%, Mining -2.27%, $1.18m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.19

-16.94

Nigeria

NGN

161.55

-3.34

Kenya

KES

86.85

-0.86

Mauritius

MUR

31.25

-2.24

Botswana

BWP

8.72

+12.14

Tanzania

TZS

1635.00

-3.06

Uganda

UGX

2593.00

+3.27

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.02

-6.01

BRVM

XOF

509.89

-2.09

Egypt

EGP

7.02

-9.38

Morocco

MAD

8.62

-1.91

Tunisia

TND

1.67

-7.46

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