Market Insight: June 28, 2013


Africa

•  Zambian inflation increased to a six month high (+7.3%) in June
•  Seedco of Zimbabwe says they are in talks and urge shareholder caution
•  Egyptians hoard cash as protests raise concern of more mayhem

Nigeria

•  ASI +1.03%, $25.59mill
•  Banks continued to push the market higher yesterday with the Bank 10 Index gaining 1.03%

Kenya

•  NSE20 -0.39%, $5.6mill
•  Safcom (-2.3%) and EABL (-2.7%) dragged the market lower yesterday

Botswana

•  DCI +2bps, $4.06mill

Egypt

•  EGX30 +95bps, $31mill

Mauritius

•  Semdex +31bps, $674k

South Africa

•  Top40 +22bps, $1.56bn

Zambia

•  LuSE +45bps, $673k

Zimbabwe

•  Ind -87bps, mining unch, $700k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.99

-15.17

Nigeria

NGN

161.45

-3.28

Kenya

KES

86.05

+0.06

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.60

+10.50

Tanzania

TZS

1625.00

-2.46

Uganda

UGX

2593.00

+3.27

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.02

-6.01

BRVM

XOF

504.46

-1.03

Egypt

EGP

7.01

-9.34

Morocco

MAD

8.56

-1.12

Tunisia

TND

1.65

-6.29

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