Market Insight: March 10, 2014


Africa

•  Rwanda to release monthly inflation data today
•  Unilever plans to open Ethiopian plant as demand continues to surge
•  Tanzania inflation unchanged at 6% y-o-y in January

Nigeria

•  ASI +2bps, $20.1m
•  A dull start before crosses once again spiked volumes, banks solid (+30bps) while consumers (-1%) remain vulnerable

Kenya

•  NSE20 +21bps, $5.9m
•  Quiet day in Nairobi as results season continues (BRIT)

Botswana

•  DCI +2bps, $36k

Egypt

•  Closed

Mauritius

•  Semdex -17bps, $1.6m

South Africa

•  Top40 -7bps, $1.41bn

Zimbabwe

•  Ind +48bps, Mining +10%, $3.5m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.70

-2.04

Nigeria

NGN

164.85

-2.76

Kenya

KES

86.55

-0.29

Mauritius

MUR

29.95

+0.33

Botswana

BWP

8.77

-0.26

Tanzania

TZS

1631.00

-2.51

Uganda

TZSUGX

2515.00

+0.48

Rwanda

RWF

677.09

-0.16

Ghana

GHS

2.53

-6.25

BRVM

XOF

476.03

+0.88

Egypt

EGP

6.96

-0.19

Morocco

MAD

8.11

+0.82

Tunisia

TND

1.57

+4.78

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