Market Insight: June 03, 2013


Africa

•  Guinea cuts mining investment estimate 33% on global slowdown
•  First Quantum said to have ended Zambian dispute over mine power
•  Zambia raises benchmark interest rate for first time in 7 months to 9.5% to curb rising inflation

Nigeria

•  ASI -0.58%, $22.23m
•  Profit taking to end the month in Nigeria with banks (-1.72%) and Consumers (-1.9%) struggling

Kenya

•  NSE20 +0.22%, $8.9m

Botswana

•  DCI -0.20%, $1.05m

Egypt

•  Closed

Mauritius

•  Semdex +0.20%, $575k

South Africa

•  Top40 +0.26%, $2.8bn

Zambia

•  LuSE +0.21%, $154k

Zimbabwe

•  Ind -0.18%, Mining -2.1%, $2.2m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.05

-15.72

Nigeria

NGN

158.20

-1.30

Kenya

KES

85.15

+1.12

Mauritius

MUR

31.15

-1.93

Botswana

BWP

8.66

+11.31

Tanzania

TZS

1633.00

-2.94

Uganda

UGX

2596.83

+3.12

Rwanda

RWF

641.00

-1.49

Ghana

GHS

1.99

-4.66

BRVM

XOF

508.39

-1.82

Egypt

EGP

6.98

-8.89

Morocco

MAD

8.58

-1.39

Tunisia

TND

1.64

-5.35

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