Market Insight: June 19, 2014


Africa

•  Namibia Central Bank raises interest rates for first time in 6 years to 5.75%

Nigeria

•  ASI +9bps, $33.9m
•  Chunky crossing in NB and Nestle the main focus while Oando (+10%) on fire ahead of announcement of ConocoPhilips acquistion

Kenya

•  • NSE20 +55bps, $15.3m
•  • Increased total turnover as foreigners get involved

Botswana

•  DCI +8bps, $81k

Egypt

•  EGX30 +51bps, $96m

Mauritius

•  Semdex -5bps, $20.2m

Zimbabwe

•  Ind +81bps, $2.45m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.73

- 2.31

Nigeria

NGN

163.15

-.1.74

Kenya

KES

87.55

-.1.43

Mauritius

MUR

30.40

-.1.15

Botswana

BWP

8.88

+.1.56

Tanzania

TZS

1684.00

-5.58

Uganda

UGX

2580.00

-2.05

Rwanda

RWF

683.00

-1.14

Ghana

GHS

3.25

-26.92

BRVM

XOF

486.16

-1.24

Egypt

EGP

7.15

-2.84

Morocco

MAD

8.25

-0.84

Tunisia

TND

1.66

-1.24

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