Market Insight: July 12, 2013


Africa

•  Ghana to start roadshow on 22 July to market $1bn Eurobond sale
•  Burundi June inflation rate rises to 11.6% annual basis (vs 8.2% in May)

Nigeria

•  ASI +0.54%, $41.98m
•  Bulls continue to drive the NSE higher with banks and consumers both in demand. A large cross of $25m in UBA (both sides local) spiked volumes on an otherwise quiet day

Kenya

•  NSE20 +0.39%, $8.8m
•  Local participation helped volumes improve significantly
•  Kenya to form state-owned company to own stakes in Mining projects

Botswana

•  DCI -0.07%, $552k

Egypt

•  EGX30 -0.91%, $42m

Mauritius

•  Semdex +0.10%, $1.61m

South Africa

•  Top40 +2.56%, $1.31bn

Zambia

•  LuSE +0.35%, $21k

Zimbabwe

•  Ind +0.23%, Mining +0.56%, $1.63m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.00

-15.25

Nigeria

NGN

161.40

-3.25

Kenya

KES

87.15

-1.20

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.59

+10.40

Tanzania

TZS

1621.00

-2.22

Uganda

UGX

2593.00

+3.27

Rwanda

RWF

635.50

-0.64

Ghana

GHS

2.04

-6.87

BRVM

XOF

505.39

-1.15

Egypt

EGP

7.00

-9.09

Morocco

MAD

8.54

-0.81

Tunisia

TND

1.65

-6.80

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