Market Insight: March 26, 2014


Africa

•  Bank of Rwanda leaves benchmark interest rate unchanged at 7%
•  Miners brave Congo's warlord history as demand for tin soars

Nigeria

•  ASI +34bps, $22.27mill
•  Some action in Zenith ($5.1m) drove activity
•  The MPC kept the interest rate unchanged at 12%

Kenya

•  NSE20 +26bps, $4.6mill
•  Locals dominated proceedings on a rather dull day

Botswana

•  DCI +2bps, $117k

Egypt

•  EGX30 +114bps, $155mill

Mauritius

•  Semdex +28bps, $1.80mill

Zimbabwe

•  Ind -54bps, mining -678bps, $2.29mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.77

-2.59

Nigeria

NGN

165.00

-2.85

Kenya

KES

86.63

-0.38

Mauritius

MUR

30.05

unch

Botswana

BWP

8.84

-1.14

Tanzania

TZS

1638.00

-2.81

Uganda

TZSUGX

2565.00

-1.48

Rwanda

RWF

678.00

-0.29

Ghana

GHS

2.69

-11.71

BRVM

XOF

478.37

+0.37

Egypt

EGP

6.95

-0.17

Morocco

MAD

8.15

+0.32

Tunisia

TND

1.58

+4.15

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