Market Insight: March 17, 2014


Africa

•  Fan Milk of Ghana says it will cut investment into Ghana due to electricity shortages

Nigeria

•  ASI -86bps, $23.3m
•  Banks (-2%) remain on the back foot while DangDUga (-9.67%) pulled down the consumers (-43bps)

Kenya

•  NSE20 +47bps, $10m
•  Foreign cross in KNCB the main talking point

Botswana

•  DCI -53bps, $18.8m

Egypt

•  Closed

Mauritius

•  Semdex -20bps, $860k

South Africa

•  Top40 -1.07%, $1.79bn

Zimbabwe

•  Ind -13bps, Mining unch, $520k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.75

-2.43

Nigeria

NGN

164.65

-2.64

Kenya

KES

86.45

-0.17

Mauritius

MUR

29.90

+0.50

Botswana

BWP

8.84

-1.09

Tanzania

TZS

1635.00

-2.78

Uganda

UGX

2525.00

+0.08

Rwanda

RWF

683.02

-1.03

Ghana

GHS

2.68

-11.38

BRVM

XOF

474.23

+1.24

Egypt

EGP

6.96

-0.20

Morocco

MAD

8.09

+1.11

Tunisia

TND

1.56

+4.98

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