Market Insight: March 13, 2013


Africa

•  Botswana to seek bids for $11bn rail-line project for coal
•  Barclays sees Ghana key T-Bill yields falling almost a third
•  Zimbabwe rights groups protest to Mugabe over referendum ban

Nigeria

•  ASI +1.41%, $30.15mill
•  Consumer stocks on the charge with the index gaining 3.58%

Kenya

•  NSE20 +3.98%, $13.8mill
•  Very active day yesterday with a number of crosses in the blue chips
•  Sentiment remains positive after the elections with the market extremely strong yet again

Botswana

•  DCI +37bps, $61k

Egypt

•  EGX30 +3bps, $45mill

Mauritius

•  Closed yesterday

South Africa

•  Top40 -5bps, $1.53bn

Zambia

•  Closed yesterday

Zimbabwe

•  Ind -113bps, mining unch, $2.84mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.14

-7.31

Nigeria

NGN

158.45

-1.45

Kenya

KES

85.25

+1.00

Mauritius

MUR

31.00

-1.45

Botswana

BWP

8.17

+4.99

Tanzania

TZS

1622.00

-2.26

Uganda

UGX

2643.00

+1.31

Rwanda

RWF

634.62

-0.50

Ghana

GHS

1.92

-0.94

BRVM

XOF

505.43

-1.21

Egypt

EGP

6.76

-5.88

Morocco

MAD

8.54

-0.94

Tunisia

TND

1.57

-1.63

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