Market Insight: July 27, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.2535
 
Nigeria
NGN
160.70
 
Kenya
KES
84.34
 
Mauritius
MUR
31.05
 
Botswana
BWP
7.7250
 
Tanzania
TZS
1584.00
 
Uganda
UGX
2482.50
 
Rwanda
RWF
613.2070
 
Ghana
GHS
1.9575
 
BRVM
XOF
534.2942
 
Egypt
EGP
6.0670
 
Morocco
MAD
8.9699
 
Tunisia
TND
1.6163

Africa

•  Ghana’s ruling National Democratic Congress likely to endorse Mahama as its candidate for a December election

Nigeria

•  ASI -6bps, $19.76mill. Banks yet again dominating the daily activity
•  IMF says Nigeria’s economy to expand by 6.9% in 2012, faster than country’s official forecast of 6.5%

Kenya

•  NSE20 unch, $3.08mill
•  KNCB and EqBnk both reported for H1 2012 – see yesterdays report for comments
•  KNCB to sign $150mill loan for mortgages

Botswana

•  DCI -4bps, $2.7mill. Large activity in Letshego boosting the daily vol

Egypt

•  EGX30 +16bps, $46mill

Mauritius

•  Semdex +4bps, $1.73mill

South Africa

•  Top40 +83bps, $1.43bn

Zambia

•  LuSE -32bps, $39k

Zimbabwe

•  Ind +17bps, Mining unch, $5.1mill
 

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