Market Insight: July 16, 2014


Africa

•  Ghana looks to double non-traditional exports to aid weakening cedi

Nigeria

•  ASI +10bps, $18.7m
•  Dull day, banks slightly strong (+25bps) on back of UBA (+3.06%) while consumers soft (-30bps)

Kenya

•  NSE20 -25bps, $8.8m
•  Activity improved on back of EqBnk and KNCB
•  Full year tax revenue rose 20% on increased trade and petroleum gains in year through June

Botswana

•  DCI -4bps, $93k

Egypt

•  EGX30 +1.12%, $87m

Mauritius

•  Semdex -38bps, $1.04m

Zimbabwe

•  Ind -24bps, $754k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.66

-1.57

Nigeria

NGN

161.90

-0.99

Kenya

KES

87.73

-1.62

Mauritius

MUR

30.28

-0.76

Botswana

BWP

8.81

-0.87

Tanzania

TZS

1660.00

-4.22

Uganda

UGX

2635.00

-4.10

Rwanda

RWF

680.50

-0.66

Ghana

GHS

3.38

-29.84

BRVM

XOF

485.50

-1.13

Egypt

EGP

7.14

-2.83

Morocco

MAD

8.24

-0.89

Tunisia

TND

1.70

-3.40

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