Market Insight: June 07, 2013


Africa

•  Uganda Central Bank cuts policy rate for first time this year
•  Mozambique said to consider selling a stake in Rovuma field
•  Orascom’s Zimbabwe unit seeks higher revenue with mobile banking

Nigeria

•  ASI +0.14%, $43.04mill
•  Very active day yesterday thanks to Nestle and Zenith Bank
•  Banking stocks and consumer stocks led the market higher yet

Kenya

•  NSE20 +0.09%, $8.2mill
•  KNAL results are due out today

Botswana

•  DCI +31bps, $16k

Egypt

•  EGX30 -21bps, $39mill

Mauritius

•  Semdex -23bps, $1.74mill

South Africa

•  Top40 -117bps, $2.03bn

Zambia

•  LuSE +6bps, $30k

Zimbabwe

•  Ind +92bps, mining -245bps, $2.01mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.98

-15.11

Nigeria

NGN

158.90

-1.73

Kenya

KES

84.90

+1.41

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.59

+10.35

Tanzania

TZS

1637.00

-3.18

Uganda

UGX

2585.00

+3.59

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.00

-4.85

BRVM

XOF

499.56

-0.03

Egypt

EGP

6.98

-8.94

Morocco

MAD

8.46

-0.03

Tunisia

TND

1.63

-4.89

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