Market Insight: July 25, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.4980
 
Nigeria
NGN
160.680
 
Kenya
KES
84.35
 
Mauritius
MUR
30.95
 
Botswana
BWP
7.8647
 
Tanzania
TZS
1578.00
 
Uganda
UGX
2480.00
 
Rwanda
RWF
613.2529
 
Ghana
GHS
1.9575
 
BRVM
XOF
545.220
 
Egypt
EGP
6.0674
 
Morocco
MAD
9.0889
 
Tunisia
TND
1.6351

Africa

•  Ghana Vice President John Dramani Mahama sworn in as nation’s leader after the sudden death of President Mills
•  Anglo American pays $556mill for a stake of a coal project in Mozambique

Nigeria

•  ASI -91bps, $14.76mill. Banks once again the focus of the market with DangCem reversing previous day’s gain dragging the market down
•  MPR kept unchanged at 12% while the CRR revised upwards from 8% to 12%

Kenya

•  NSE20 +3bps, $3.86mill

Botswana

•  DCI unch, $43k

Egypt

•  EGX30 -1%, $71mill

Mauritius

•  Semdex -2bps, $626k

South Africa

•  Top40 +63bps, $1.18bn

Zambia

•  LuSE -35bps, $154k

Zimbabwe

•  Ind +23bps, Mining +12bps, $1.9mill
 

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