Market Insight: March 12, 2014


Nigeria

•  ASI +25bps, $23.13m
•  Late selling in the banks pushed the sector down 50bps
•  Ecobank names Albert Essien as CEO replacement for Tanoh
•  Zenith Bank releases positive results for FY13

Kenya

•  NSE20 -56bps, $6.1m
•  Trading remains quiet in Nairobi with foreign activity muted

Botswana

•  DCI unch, $968k

Egypt

•  EGX30 +1.67%, $162m

Mauritius

•  Semdex +2bps, $614k

South Africa

•  Top40 +75bps, $1.41bn

Zimbabwe

•  Ind -17bps, Mining unch, $640k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.78

-2.77

Nigeria

NGN

161.80

-0.93

Kenya

KES

86.35

-0.06

Mauritius

MUR

30.02

+0.08

Botswana

BWP

8.87

-1.14

Tanzania

TZS

1630.00

-2.45

Uganda

UGX

2520.13

+0.27

Rwanda

RWF

677.15

-0.17

Ghana

GHS

2.57

-7.63

BRVM

XOF

475.86

+0.92

Egypt

EGP

6.95

-0.18

Morocco

MAD

8.11

+0.83

Tunisia

TND

1.56

+4.61

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