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Market Insight: June 13, 2012
African Currencies as at GMT 16:00
|
Country
|
Notation
|
Currency
|
|
|---|---|---|---|
|
South Africa
|
ZAR
|
8.4422
|
|
|
Nigeria
|
NGN
|
162.645
|
|
|
Kenya
|
KES
|
85.45
|
|
|
Mauritius
|
MUR
|
30.15
|
|
|
Botswana
|
BWP
|
7.7791
|
|
|
Tanzania
|
TZS
|
1587
|
|
|
Uganda
|
UGX
|
2493
|
|
|
Rwanda
|
RWF
|
609.2114
|
|
|
Ghana
|
GHS
|
1.9255
|
|
|
BRVM
|
XOF
|
526.9104
|
|
|
Egypt
|
EGP
|
6.043
|
|
|
Moroccan
|
MAD
|
8.8529
|
|
|
Tunisia
|
TND
|
1.6127
|
Africa
• Mozambique Central Bank cuts benchmark rate to 12.5% as inflation slows
• Bank of Ghana may lift key rate a third time to bolster Cedi
• Ghana will seek $1.5bn loan for 2012-12 cocoa harvest
• African Union urges Sudan, South Sudan to accept border proposal
Nigeria
• ASI +0.27%, $8.41mill
• Another very quiet day in Lagos as most foreign participants were absent
• Naira advances as central bank said to sell Dollars
Kenya
• NSE20 +0.65%, $3.42mill
• Slight increase in foreign participation yesterday
• Access Kenya CEO sees first-half earnings growing on higher sales
Botswana
• DCI unch, $163k
Egypt
• EGX30 +1.24%, $28mill
Mauritius
• Semdex -0.17%, $930k
South Africa
• Top40 +0.76%, $1.49bn
Zambia
• LuSE +0.61%, $6k
Zimbabwe
• Ind -0.50%, Mining unch, $2.5mill
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
