Market Insight: July 24, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.2718
 
Nigeria
NGN
161.245
 
Kenya
KES
84.15
 
Mauritius
MUR
31.25
 
Botswana
BWP
7.767
 
Tanzania
TZS
1585
 
Uganda
UGX
2480
 
Rwanda
RWF
612.9923
 
Ghana
GHS
1.955
 
BRVM
XOF
538.7375
 
Egypt
EGP
6.067
 
Morocco
MAD
8.9971
 
Tunisia
TND
1.6306

Africa

•  AfDBs Ugandan Shilling bond oversubscribed by 150%
•  African barrack Gold, largest producer of gold in Tanzania, announces fall of 57% in Q2 profits as output declined and costs expanded

Nigeria

•  ASI +1.24%, $13.41mill
•  Manitobo Hydro of Canada signs contract to run Nigeria’s power utility Transmission Co for initial period of 3 years

Kenya

•  NSE20 +11bps, $2.24mill
•  Kenyan trade deficit widens in May as imports surge
•  Transcentury’s H1 profits jumps 6-fold because of higher earnings from the power infrastructure and engineering units
•  East Africa Cables says H1 profits jumped by 59%, no reasons given for the rise

Botswana

•  DCI -1bp, $35k

Egypt

•  Closed today

Mauritius

•  Semdex +6bps, $1.1mill

South Africa

•  Top40 -1.30%, $1.05bn

Zambia

•  LuSE -34bps, $52k

Zimbabwe

•  Ind +20bps, Mining +1.64%, $1.7mill
 

contacts
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