Market Insight: July 20, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.1912
 
Nigeria
NGN
161.70
 
Kenya
KES
83.8
 
Mauritius
MUR
31.0075
 
Botswana
BWP
7.6982
 
Tanzania
TZS
1581.50
 
Uganda
UGX
2470
 
Rwanda
RWF
613.0964
 
Ghana
GHS
1.9533
 
BRVM
XOF
537.1799
 
Egypt
EGP
6.0668
 
Morocco
MAD
8.9782
 
Tunisia
TND
1.6229

Africa

•  South Africa cuts benchmark rate by 50bps to help bolster economy
•  Vodacom looks to boost sales contribution from outside of SA over next 4 years
•  Mauritius to invest Rs2bn to boost oil storage

Nigeria

•  ASI -77bps, $20.37mill. The 6-day rally ends with banks still dominating vols
•  Nigeria yields hit record highs as bids fall to 6-month low

Kenya

•  ASI +99bps, $4.6mill. Heavy trading once again evident across multiple sectors

Botswana

•  DCI +4bps, $21k

Egypt

•  EGX30 +1%, $49mill

Mauritius

•  Semdex -12bps, $3.7mill

South Africa

•  AlSI +75bps, $1.4bn

Zambia

•  LuSE +60bps, $28k

Zimbabwe

•  Ind +17bps, Mining +21bps, $2.4mill
 

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