Market Insight: March 27, 2014


Africa

•  Zimbabwe said to offer $103m of bills to repay debt
•  Ghana producer prices rose 27.1% in February from a year ago

Nigeria

•  ASI 24bps, $56.83mill
•  A massive cross in Nestle ($39m) drove activity yesterday
•  Banks (-0.80%) closed the day lower

Kenya

•  NSE20 -10bps, $10.7mill
•  Deputy Chief Justice Baraza resigns after assault findings

Botswana

•  DCI +11bps, $150k

Egypt

•  EGX30 -25bps, $149mill

Mauritius

•  Semdex +70bps, $13.46mill

Zimbabwe

•  Ind -92bps, mining unch, $2.61mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.67

-1.69

Nigeria

NGN

164.90

-2.79

Kenya

KES

86.75

-0.52

Mauritius

MUR

30.05

unch

Botswana

BWP

8.83

-0.92

Tanzania

TZS

1640.00

-3.05

Uganda

TZSUGX

2560.00

-1.29

Rwanda

RWF

681.51

-0.81

Ghana

GHS

2.69

-11.71

BRVM

XOF

478.64

+0.32

Egypt

EGP

6.96

-0.21

Morocco

MAD

8.13

+0.38

Tunisia

TND

1.58

+4.13

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