Market Insight: June 15, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.4117
 
Nigeria
NGN
163
 
Kenya
KES
84.95
 
Mauritius
MUR
30.375
 
Botswana
BWP
7.7821
 
Tanzania
TZS
1585
 
Uganda
UGX
2495
 
Rwanda
RWF
609.2573
 
Ghana
GHS
1.9225
 
BRVM
XOF
523.325
 
Egypt
EGP
6.0472
 
Moroccan
MAD
8.7858
 
Tunisia
TND
1.595

Africa

•  Rwanda expects growth to slow from 8.6% to 7.7% as Euro crisis drags on
•  Uganda economic growth slows to 3.2% in 2011/12 due to drought and ongoing global financial crisis
•  Statoil finds more gas off Tanzania and expects to see commercial output

Nigeria

•  ASI -22bps, $10.26mill. Uneventful in Lagos
•  Nigerian Communications Commission reaches agreement on fines with mobile-phone companies

Kenya

•  NSE20 +40bps, $2.99mill. Dull day except for some activity in Safcom due to large cross in the name
•  KNAL fell 71bps to KES13.90 after fiscal year earnings out yesterday missed estimates

Botswana

•  DCI unch, $302k

Egypt

•  EGX30 -5bps, $50mill

Mauritius

•  Semdex +7bps, $1.1mill

South Africa

•  Top40 -68bps, $1.15bn

Zambia

•  LuSE +1bp, $39k

Zimbabwe

•  Ind +2bps, Mining -2.91%, $2.8mill
 

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