Market Insight: June 02, 2014


Africa

•  Ivory Coast set to raise cocoa forecast to record on rain
•  Ghana won’t block Tullow gas flaring to boost oil production

Nigeria

•  ASI -14bps, $39mill
•  Another busy day in Lagos with impressive volumes in Zenith ($18.37m), WAPCO ($3.45m) and Ashaka ($2.18m)
•  Banks closed the day lower with the Index falling -0.16%

Kenya

•  NSE20 -43bps, $13.02mill
•  Better day with an increase in foreign activity

Botswana

•  DCI -4bps, $106k

Egypt

•  EGX30 +471bps, $167mill

Mauritius

•  Semdex +41bps, $730k

Zimbabwe

•  Ind +125bps, $1.15mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.74

-2.36

Nigeria

NGN

163.60

-2.02

Kenya

KES

87.55

-1.43

Mauritius

MUR

30.35

-0.99

Botswana

BWP

8.84

-1.09

Tanzania

TZS

1690.00

-5.92

Uganda

UGX

2565.00

-1.48

Rwanda

RWF

684.51

-1.24

Ghana

GHS

3.10

-23.39

BRVM

XOF

484.72

-0.96

Egypt

EGP

7.15

-2.85

Morocco

MAD

8.24

-0.77

Tunisia

TND

1.63

+0.51

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