Market Insight: March 08, 2013


Africa

•  Zimbabwe Central Bank governor Gono says banks starting to cut interest rates and bank charges

Nigeria

•  ASI +0.13%, $22.87m
•  Finance Minister says Nigeria will adjust spending on wages and major capital projects in this year’s budget as well as target a bigger fiscal deficit

Kenya

•  NSE20 +0.84%, $4.5m
•  KES recovers from biggest drop in 7 months after electoral authorities switch to manual counting

Botswana

•  DCI +0.60%, $157k

Egypt

•  EGX30 +1.95%, $55m

Mauritius

•  Semdex -0.26%, $1.85m

South Africa

•  Top40 +0.68%, $1.35bn

Zambia

•  LuSE unch, $41k

Zimbabwe

•  Ind -0.39%, Mining +2.88%, $2.2m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.14

-7.37

Nigeria

NGN

157.70

-0.98

Kenya

KES

86.25

-0.17

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.19

+5.24

Tanzania

TZS

1624.00

-2.40

Uganda

UGX

2649.00

+1.08

Rwanda

RWF

634.23

-0.44

Ghana

GHS

1.91

-0.52

BRVM

XOF

502.91

-0.73

Egypt

EGP

6.75

-5.78

Morocco

MAD

8.51

-0.54

Tunisia

TND

1.57

-1.59

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