Market Insight: July 27, 2015

Nigeria

•  ASI -40bps, $8.9mill
•  Absolutely dire end to the week last week

We expect another slow session in the absence of any real market catalyst with the od cross dominating proceedings.

Kenya

•  NSE20 -86bps, $4.7mill
•  A slow end to the week the market closing early last Friday

The market opened the day flat to moderately higher but on modest volumes. Centum notched 2% higher to KES 51 as foreign investors moved the bulk of the 326k shares in the investment firm. KenolKobil was unchanged, also on foreign investor trades. Britam climbed 7% as demand built up on the insurer after retreating for most of last week. ScanGroup lost 7.2% to KES 35.25 after the marketing services firm released 1H15 results at the close of last week, which underperformed market expectations. EA Cables has not traded after completion of refurbishment of its copper plant.

Botswana

•  DCI +8bps, $82k

Mauritius

•  Semdex +1bps, $770k

Zimbabwe

•  Ind +1bps, $303k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.66

-8.61

Nigeria

NGN

198.36

-7.51

Kenya

KES

101.22

-10.49

Mauritius

MUR

35.60

-10.82

Botswana

BWP

10.11

-5.90

Tanzania

TZS

2075.70

-16.51

Uganda

UGX

3345.00

-17.16

Rwanda

RWF

741.72

-7.00

Ghana

GHS

3.35

-3.95

BRVM

XOF

601.41

-9.90

Egypt

EGP

7.82

-8.64

Morocco

MAD

9.83

-7.82

Tunisia

TND

1.97

-5.56

contacts
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  • South Africa +27 11 268 5833
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