Market Insight: June 19, 2013


Africa

•  Mauritius Governor says his inflation concern is minority view
•  Rwanda Bank cuts benchmark rate to support slowing economy
•  Botswana cuts benchmark interest rate by half point to 8.5%
•  Ghana’s fuel-price gain is challenge for central bank

Nigeria

•  ASI -0.16%, $21.82mill
•  Another slow day yesterday with most market participants on the sidelines

Kenya

•  NSE20 -2.19%, $5.9mill
•  Increase in activity yesterday thanks to a few crosses in the big names

Botswana

•  DCI unch, $46k

Egypt

•  EGX30 +109bps, $19mill

Mauritius

•  Semdex +45bps, $951k

South Africa

•  Top40 +184bps, $1.77bn

Zimbabwe

•  Ind +20bps, mining +54bps, $3mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.99

-15.23

Nigeria

NGN

160.05

-2.44

Kenya

KES

85.75

+0.41

Mauritius

MUR

30.75

-0.65

Botswana

BWP

8.55

+9.83

Tanzania

TZS

1641.50

-3.44

Uganda

UGX

2595.00

+3.19

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.00

-5.13

BRVM

XOF

489.79

+1.93

Egypt

EGP

6.99

-9.07

Morocco

MAD

8.35

+1.40

Tunisia

TND

1.61

-3.79

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