Market Insight: March 25, 2014


Africa

•  IMF sees Angola growth slowing in 2017 as oil output falls
•  Zambia revoking forex laws a “welcome sign” IMF says
•  Zimbabwe’s new central bank governor faces currency constraint
•  Ghana to delay sale of third Eurobond
•  Namibia diamonds can fetch more than 14 times Zimbabwe stones

Nigeria

•  ASI -50bps, $20.99mill
•  A large cross in ETI drove activity yesterday

Kenya

•  NSE20 -22bps, $4.6mill
•  Not much on the go yesterday

Botswana

•  DCI +5bps, $216k

Egypt

•  EGX30 -54bps, $123mill

Mauritius

•  Semdex -7bps, $5.69mill

Zimbabwe

•  Ind -168bps, mining -31bps, $1.34mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.43

-18.78

Nigeria

NGN

158.54

-1.51

Kenya

KES

86.50

-0.46

Mauritius

MUR

30.20

+1.16

Botswana

BWP

8.71

-10.70

Tanzania

TZS

1607.00

-1.37

Uganda

UGX

2502.50

+7.00

Rwanda

RWF

666.84

-5.31

Ghana

GHS

2.32

-18.09

BRVM

XOF

479.71

+4.08

Egypt

EGP

6.88

-7.60

Morocco

MAD

8.18

+3.37

Tunisia

TND

1.67

-7.01

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