Market Insight: March 12, 2013


Africa

•  Tanzani explores Eurobond issue after selling $600 million debt
•  Barclays sees $100m Africa equity fund this year
•  Mauritius MPC leaves key rate unchanged as inflation seen steady
•  Zimbabwe raises $20m from “voluntary bond” for referendum
•  Zambia’s Lusaka Stock Exchange may offer shares to investors

Nigeria

•  ASI +0.13%, $16.72mill
•  Rather quiet day yesterday with most foreigners absent

Kenya

•  NSE20 +2.96%, $7.6mill
•  There was some form of euphoria in the market yesterday after the election results
•  Kenya plans to sell sovereign bond to fun infrastructure

Botswana

•  DCI +42bps, $759k

Egypt

•  EGX30 +16bps, $53mill

Mauritius

•  Semdex +16bps, $850k

South Africa

•  Top40 +62bps, $1.57bn

Zambia

•  LuSE -31bps, $22k

Zimbabwe

•  Ind -51bps, mining -280bps, $940k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.12

-7.15

Nigeria

NGN

158.25

-1.33

Kenya

KES

85.45

+0.76

Mauritius

MUR

31.00

-1.45

Botswana

BWP

8.19

+5.29

Tanzania

TZS

1625.00

-2.46

Uganda

UGX

2646.00

+1.20

Rwanda

RWF

634.52

-0.48

Ghana

GHS

1.92

-0.81

BRVM

XOF

506.21

-1.38

Egypt

EGP

6.76

-5.89

Morocco

MAD

8.55

-0.96

Tunisia

TND

1.58

-1.87

 

 

 

 

contacts
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