Market Insight: June 23, 2014


Nigeria

•  ASI +15bps, $27.4m
•  Banks weak (-68bps) led by GTB (-2.93%) while consumers slightly positive
•  Heineken says potential in Nigeria outweighs the risks of civil unrest

Kenya

•  NSE20 54bps, $11m
•  Foreign action much reduced with activity centered on Safcom and KNCB

Botswana

•  DCI +5bps, $557k

Egypt

•  Closed

Mauritius

•  Semdex +29bps, $2.28m

Zimbabwe

•  Ind +1.37%, $1.2m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.71

- 2.04

Nigeria

NGN

162.85

-.1.57

Kenya

KES

87.30

-.1.15

Mauritius

MUR

30.32

-.0.91

Botswana

BWP

8.86

+.1.28

Tanzania

TZS

1684.00

-5.58

Uganda

UGX

2590.00

-2.43

Rwanda

RWF

680.50

-0.66

Ghana

GHS

3.12

-24.00

BRVM

XOF

486.03

-1.19

Egypt

EGP

7.15

-2.82

Morocco

MAD

8.23

-0.95

Tunisia

TND

1.67

-1.60

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