Market Insight: June 22, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.3267
 
Nigeria
NGN
162.13
 
Kenya
KES
83.55
 
Mauritius
MUR
30.35
 
Botswana
BWP
7.7161
 
Tanzania
TZS
1581
 
Uganda
UGX
2467.50
 
Rwanda
RWF
609.8757
 
Ghana
GHS
1.9275
 
BRVM
XOF
524.5752
 
Egypt
EGP
6.0573
 
Moroccan
MAD
8.8073
 
Tunisia
TND
1.5954

Africa

•  Burundi finds that 84% of its people are reluctant to open bank accounts
•  Swaziland inflation fell to 9.07% in May
•  Egypt Islamists call for post-prayer at army power move
•  Uganda to ban civil-society groups over homosexuality allegation

Nigeria

•  ASI -76bps, $9mill
•  Large selloff in the banks towards the end of yesterday’s session
•  Islamists claim attack on Northeast Damaturu City

Kenya

•  NSE20 -33bps, $5.20mill
•  Yesterday was the first day to trade in the new Kenya Airways share post rights issue with the name coming under some pressure
•  The Shilling extended its gain for the sixth day against the Dollar yesterday

Botswana

•  DCI +2bp, $200k

Egypt

•  EGX30 -187bps, $31mill

South Africa

•  Top40 -80bps, $2.10bn

Zambia

•  LuSE +33bps, $127k

Zimbabwe

•  Ind -27bps, Mining +31bps, $1.85mill
 

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