Market Insight: June 04, 2013


Africa

•  West Africa States Central Bank keeps lending rates unchanged
•  Ghana Commercial Bank sees 30% loan growth on consumer lending
•  Tanzanian constitution proposes 3-tier government system with Zanzibar

Nigeria

•  ASI +0.10%, $16.01mill
•  Very quiet start to the week with hardly any decent block trades to speak of

Kenya

•  NSE20 -0.40%, $8.9mill
•  Solid start to the week with Safcom and EABL dominating activity

Botswana

•  DCI +2bps, $899k

Egypt

•  EGX30 -129bps, $45mill

Mauritius

•  Semdex -13bps, $1.2mill

South Africa

•  Top40 -276bps, $1.64bn

Zambia

•  LuSE -97bps, $29k

Zimbabwe

•  Ind -49bps, mining +47bps, $710k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.86

-14.09

Nigeria

NGN

158.15

-1.26

Kenya

KES

85.20

+1.06

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.56

+9.97

Tanzania

TZS

1634.00

-3.00

Uganda

UGX

2608.20

+2.67

Rwanda

RWF

640.87

-1.47

Ghana

GHS

2.00

-4.77

BRVM

XOF

503.43

-0.83

Egypt

EGP

6.98

-8.89

Morocco

MAD

8.52

-0.61

Tunisia

TND

1.64

-5.35

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