Market Insight: July 17, 2014


Africa

•  Ivory Coast offers post-default Eurobond for less than Kenya
•  Zimbabwe’s biggest coal miner plans $1.5bn power plant
•  Ghana revises budget gap target to 8.8% of GDP on economy

Nigeria

•  ASI +14bps, $19.1mill
•  Not much on the go yesterday

Kenya

•  NSE20 +10bps, $8.5mill
•  Foreigners dominated proceedings yesterday with KNCB and EQBNK rather strong

Botswana

•  DCI +4bps, $176k

Egypt

•  EGX30 -12bps, $73mill

Mauritius

•  Semdex +10bps, $850k

Zimbabwe

•  Ind -2bps, $724k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.67

-1.73

Nigeria

NGN

161.80

-0.93

Kenya

KES

87.75

-1.65

Mauritius

MUR

30.33

-0.92

Botswana

BWP

8.81

-1.09

Tanzania

TZS

1660.00

-4.22

Uganda

UGX

2630.00

-3.92

Rwanda

RWF

680.49

-0.66

Ghana

GHS

3.44

-30.96

BRVM

XOF

487.66

-1.54

Egypt

EGP

7.15

-2.85

Morocco

MAD

8.28

-1.24

Tunisia

TND

1.71

-4.33

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