Market Insight: March 22, 2013


Africa

•  Zambia to formulate uranium policy by December
•  Standard Chartered seen doubling profit at Ghana’s UT Bank
•  Central African rebels reject concessions, plan to resume combat

Nigeria

•  ASI +0.47%, $29.43mill
•  Big crosses in the likes of Access and ETI drove activity yesterday
•  Then Bank10 Index fell 0.44%

Kenya

•  NSE20 -0.22%, $5.8mill
•  The market continues to come under pressure and fell for the 7th straight session yesterday

Botswana

•  DCI +33bps, $317k

Egypt

•  EGX30 +122bps, $37mill

Mauritius

•  Semdex +10bps, $1.09mill

South Africa

•  Top40 -7bps, $3.29bn

Zambia

•  LuSE +32bps, $45k

Zimbabwe

•  Ind +18bps, mining unch, $1.43mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.30

-8.89

Nigeria

NGN

158.85

-1.70

Kenya

KES

85.75

+0.41

Mauritius

MUR

31.11

-1.80

Botswana

BWP

8.22

+5.63

Tanzania

TZS

1621.00

-2.22

Uganda

UGX

2636.50

+1.56

Rwanda

RWF

635.60

-0.65

Ghana

GHS

1.94

-1.83

BRVM

XOF

509.84

+2.08

Egypt

EGP

6.79

-6.38

Morocco

MAD

8.59

-1.61

Tunisia

TND

1.58

-1.87

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