Market Insight: June 20, 2013


Africa

•  Dubai buyout firm Abraaj agrees to buy West Africa’s Fan Milk
•  South African inflation slows as current account gap narrows

Nigeria

•  ASI +0.30%, $32.95mill
•  Substantial increase in activity yesterday with Guinness leading the way

Kenya

•  NSE20 +0.08%, $131mill
•  Safcom drove turnover yesterday thanks to a few large crosses
•  Kenya gets $155m in World Bank financing for waterworks

Botswana

•  DCI -5bps, $525k

Egypt

•  EGX30 -54bps, $19mill

Mauritius

•  Semdex -10bps, $962k

South Africa

•  Top40 -57bps, $1.60bn

Zambia

•  LuSE +3bps, $43k

Zimbabwe

•  Ind -68bps, mining unch, $1.43mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.96

-14.93

Nigeria

NGN

160.35

-2.62

Kenya

KES

85.65

+0.53

Mauritius

MUR

30.75

-0.65

Botswana

BWP

8.50

+9.27

Tanzania

TZS

1635.00

-3.06

Uganda

UGX

2605.00

+2.79

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.00

-5.23

BRVM

XOF

491.60

+1.58

Egypt

EGP

6.99

-9.08

Morocco

MAD

8.33

+1.41

Tunisia

TND

1.61

-3.68

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