Market Insight: March 19, 2013


Africa

•  Ethiopia to open first industrial zone to boost economic growth
•  Zambian Kwacha falls to 6-week low as ex-president questioned
•  Zimbabwe police detain PM’s aides as SADC says vote was peaceful

Nigeria

•  ASI +0.89%, $16.01mill
•  Very quiet start to the week as foreigners focus on Europe
•  The Naira paired drop as the Nigerian Central Bank increases Dollar sales

Kenya

•  NSE20 -0.99%, $4.0mill
•  Weakness continues in Nairobi as investors continue to take profit

Botswana

•  DCI +18bps, $204k

Egypt

•  EGX30 -23bps, $38mill

Mauritius

•  Semdex +3bps, $1.1mill

South Africa

•  Top40 -75bps, $1.64bn

Zambia

•  LuSE +187bps, $443k

Zimbabwe

•  Ind -101bps, mining -363bps, $1.25mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.16

-7.62

Nigeria

NGN

158.65

-1.58

Kenya

KES

85.73

+0.44

Mauritius

MUR

31.10

-1.77

Botswana

BWP

8.19

+5.24

Tanzania

TZS

1624.00

-2.40

Uganda

UGX

2625.00

+2.01

Rwanda

RWF

635.22

-0.59

Ghana

GHS

1.93

-1.60

BRVM

XOF

508.51

-1.80

Egypt

EGP

6.79

-6.28

Morocco

MAD

8.58

-1.34

Tunisia

TND

1.58

-1.89

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