Market Insight: July 26, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.4688
 
Nigeria
NGN
160.00
 
Kenya
KES
84.35
 
Mauritius
MUR
31.05
 
Botswana
BWP
7.8555
 
Tanzania
TZS
1579.00
 
Uganda
UGX
2480.00
 
Rwanda
RWF
610.9636
 
Ghana
GHS
1.9575
 
BRVM
XOF
543.1101
 
Egypt
EGP
6.0605
 
Morocco
MAD
9.0624
 
Tunisia
TND
1.6328

Africa

•  Mauritius’s Alteo to become top sugar producer after listing
•  Zambian state to seek as much as 25% of new mines
•  Ghana’s ruling party bids to unite after president’s death

Nigeria

•  ASI -17bps, $18.56mill
•  Host of earnings out yesterday with Zenith Bank, IBTC, Nigerian Breweries and Nestle all reporting Q2 2012 results
•  The Naira gained the most in 6 months on Central Bank action

Kenya

•  NSE20 +85bps, $5.40mill
•  Both Equity Bank and Kenya Commercial Bank are due to release results later today
•  First-half tea production fell 11% from a year earlier

Botswana

•  DCI -4bps, $27k

Egypt

•  EGX30 -153bps, $35mill

Mauritius

•  Semdex -13bps, $100k

South Africa

•  Top40 +14bps, $1.24bn

Zambia

•  LuSE +78bps, $102k

Zimbabwe

•  Ind +19bps, Mining +248bps, $570k
 

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