Market Insight: March 06, 2013


Africa

•  Please note today is a holiday in Ghana and the GSE is shut
•  Uganda Central Bank keeps benchmark rate unchanged at 12% as it waits for outcome of Kenyan election
•  Ghana Finance Minister pledges to narrow the budget deficit as the country faces a possible credit-rating downgrade
•  Zambian banks meet with Finance Minister Chikwanda over currency manipulation claim

Nigeria

•  ASI -0.49%, $25.2m

Kenya

•  NSE20 +0.52%, $4m
•  Kenya reopened quietly after the elections on Monday, all eyes still firmly focused on the outcome of these

Botswana

•  DCI unch, $59k

Egypt

•  EGX30 -2.49%, $43m

Mauritius

•  Semdex +0.44%, $880k

South Africa

•  Top40 +1.97%, $1.62bn

Zambia

•  LuSE +0.35%, $22k

Zimbabwe

•  Ind +0.63%, Mining -0.44%, $2.02m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.05

-6.43

Nigeria

NGN

157.65

-0.95

Kenya

KES

85.50

+0.70

Mauritius

MUR

30.85

-0.97

Botswana

BWP

8.13

+4.52

Tanzania

TZS

1622.00

-2.28

Uganda

UGX

2648.00

+1.12

Rwanda

RWF

634.10

-0.42

Ghana

GHS

1.92

-0.94

BRVM

XOF

505.59

-1.27

Egypt

EGP

6.74

-5.64

Morocco

MAD

8.54

-0.97

Tunisia

TND

1.58

-1.88

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