Market Insight: March 04, 2013


Africa

•  Old Mutual plans Africa acquisitions after FY profits beat estimates
•  Tanzania expects foreign direct investment to grow 10% from $13bn in 2012 after China replaces the US as 4th largest investor in the country

Nigeria

•  ASI +0.33%, $19.2m
•  Quiet start to the month in Lagos

Kenya

•  NSE20 -0.18%, $6.7m
•  Please remember that the NSE is closed today and tomorrow for elections
•  KenolKobil terminates talks with Puma on proposed acquisition

Botswana

•  DCI +0.08%, $1.5m

Egypt

•  Closed on Friday

Mauritius

•  Semdex +0.47%, $2.24m

South Africa

•  Top40 +1.13%, $1.75bn

Zambia

•  LuSE +0.60%, $22.9k

Zimbabwe

•  Ind +1.16%, Mining -4.94%, $2.37m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.08

-6.78

Nigeria

NGN

158.10

-1.23

Kenya

KES

85.88

+0.26

Mauritius

MUR

30.95

-1.29

Botswana

BWP

8.15

+4.77

Tanzania

TZS

1623.00

-2.34

Uganda

UGX

2655.00

+0.86

Rwanda

RWF

634.06

-0.41

Ghana

GHS

1.91

-0.68

BRVM

XOF

507.40

-1.58

Egypt

EGP

6.74

-5.58

Morocco

MAD

8.57

-1.25

Tunisia

TND

1.58

-2.27

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