Market Insight: July 10, 2014


Africa

•  Bank of Ghana raises benchmark interest rate to 2004 high of 19% to tame inflation and arrest slide of cedi

Nigeria

•  ASI +41bps, $14.1m
•  Dull session saw Banks (+40bps) and Consumers (+63bps) grind higher

Kenya

•  NSE20 +35bps, $9.13m
•  Chunky foreign cross in EqBnk the bulk of action in a generally quiet day

Botswana

•  DCI +2bps, $304k

Egypt

•  EGX30 +79bps, $87m

Mauritius

•  Semdex -40bps, $3.54m

Zimbabwe

•  Ind +50bps, $2.91m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.70

-1.88

Nigeria

NGN

162.40

-132

Kenya

KES

87.65

-1.54

Mauritius

MUR

30.25

-0.66

Botswana

BWP

8.84

-1.09

Tanzania

TZS

1670.00

-4.79

Uganda

UGX

2660.00

-5.00

Rwanda

RWF

680.50

-0.62

Ghana

GHS

3.47

-31.56

BRVM

XOF

483.90

-0.77

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.22

-0.43

Tunisia

TND

1.69

-3.22

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