Market Insight: July 19, 2013


Africa

•  Ecobank’s main Investor urges end to chairman debt dispute
•  China to lend $10bn to Ivory Coast plans
•  Vendanta’s Zambian unit plans coal power plant to reduce costs
•  Uganda arrests 6 soldiers for plotting to topple government

Nigeria

•  ASI +0.23%, $16.63mill
•  Another slow day yesterday with not much to report

Kenya

•  NSE20 -0.16%, $8.6mill
•  Substantial crosses in Safcom drove activity yesterday
•  Kenya income may rise 22% this year on better collection

Botswana

•  DCI +2bps, $1.75mill

Egypt

•  EGX30 -26bps, $44mill

Mauritius

•  Semdex -46bps, $377k

South Africa

•  Top40 +23bps, $1.85bn

Zambia

•  LuSE +64bps, $425k

Zimbabwe

•  Ind -33bps, mining -236bps, $3.29mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.83

-13.84

Nigeria

NGN

161.26

-3.17

Kenya

KES

86.90

-0.92

Mauritius

MUR

31.00

-1.45

Botswana

BWP

8.53

+9.65

Tanzania

TZS

1619.00

-2.10

Uganda

UGX

2593.49

+3.25

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.03

-6.41

BRVM

XOF

502.89

-0.72

Egypt

EGP

7.00

-9.12

Morocco

MAD

8.50

-0.49

Tunisia

TND

1.66

-6.49

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