Market Insight: July 25, 2013


Africa

•  Eleven dead in two days of clashes between Morsi supporters and opponents
•  Rand declines for first day in four as yields fall after CPI

Nigeria

•  ASI -0.87%, $28.55mill
•  Banks (-3.90%) took an absolute beating yesterday after the MPC increased the CRR by 50%
•  The Naira gained the most in 5 weeks as banks dumped Dollars

Kenya

•  NSE20 -0.06%, $6.7mill
•  European Union commits 40bn Shillings to Kenya for growth

Botswana

•  DCI +4bps, $30k

Egypt

•  EGX30 169bps, $60mill

Mauritius

•  Semdex +10bps, $1.05mill

South Africa

•  Top40 -76bps, $1.40bn

Zambia

•  LuSE +10bps, $102k

Zimbabwe

•  Ind -8bps, mining -94bps, $490k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.74

-13.07

Nigeria

NGN

160.00

-2.41

Kenya

KES

87.30

-1.37

Mauritius

MUR

30.90

-1.13

Botswana

BWP

8.46

+8.67

Tanzania

TZS

1619.00

-2.10

Uganda

UGX

2575.00

+3.99

Rwanda

RWF

658.10

-4.05

Ghana

GHS

2.04

-6.94

BRVM

XOF

497.97

+0.24

Egypt

EGP

7.00

-9.13

Morocco

MAD

8.43

+0.30

Tunisia

TND

1.65

-6.16

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