Market Insight: March 18, 2013


Africa

•  Zambia lenders tell Central Bank Kwacha beyond their control
•  Tanzania inflation slows on lower food prices
•  Zimbabwe set to endorse constitution as focus shifts to election

Nigeria

•  ASI -0.78%, $28.88mill
•  Banks under pressure on Friday with the Bank10 Index falling 1.97%
•  Inflation climbed to 9.5% in February

Kenya

•  NSE20 -1.19%, $5.6mill
•  Profit taking once again very evident

Botswana

•  DCI +61bps, $176k

Egypt

•  EGX30 +4bps, $22mill

Mauritius

•  Semdex +5bps, $1.22mill

South Africa

•  Top40 -40bps, $3.42bn

Zambia

•  LuSE +135bps, $508k

Zimbabwe

•  Ind +141bps, mining unch, $2.01mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.19

-7.77

Nigeria

NGN

158.60

-1.54

Kenya

KES

85.55

+0.64

Mauritius

MUR

30.85

-0.97

Botswana

BWP

8.21

+5.50

Tanzania

TZS

1624.00

-2.40

Uganda

UGX

2653.45

+0.92

Rwanda

RWF

635.0933

-0.57

Ghana

GHS

1.93

-1.60

BRVM

XOF

503.58

-0.85

Egypt

EGP

6.78

-6.17

Morocco

MAD

8.52

-0.60

Tunisia

TND

1.56

-1.01

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