Market Insight: March 14, 2013


Africa

•  Angola’s Banco BIC has $760m to expand in Angola, Brazil
•  Malawi Central Bank keeps benchmark rate unchanged at 25%
•  Ghana’s inflation rate surges to 10% in February, highest since 2010
•  Namibia February consumer prices rise 6.2% from a year ago

Nigeria

•  ASI +0.02%, $20.66mill
•  Slow day yesterday with most foreign participants absent
•  Banks closed the day strong with the Bank10 Index gaining 1.12%

Kenya

•  NSE20 -1.49%, $12.1mill
•  Profit taking evident yesterday after a few good days

Botswana

•  DCI +1bps, $132k

Egypt

•  EGX30 -161bps, $45mill

Mauritius

•  Semdex +2bps, $1.44mill

South Africa

•  Top40 -13bps, $1.91bn

Zambia

•  LuSE +35bps, $6.8k

Zimbabwe

•  Ind -18bps, mining unch, $2.34mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.25

-8.38

Nigeria

NGN

158.90

-1.73

Kenya

KES

85.25

+1.00

Mauritius

MUR

31.05

-1.61

Botswana

BWP

8.24

+5.94

Tanzania

TZS

1624.00

-2.40

Uganda

UGX

2643.00

+1.31

Rwanda

RWF

634.75

-0.52

Ghana

GHS

1.92

-1.04

BRVM

XOF

508.93

-1.90

Egypt

EGP

6.77

-6.00

Morocco

MAD

8.58

-1.42

Tunisia

TND

1.58

-1.96

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