Market Insight: March 28, 2014


Africa

•  Zambia on Kwacha damage control before bond sale
•  Angola growth targets delay tax reform

Nigeria

•  ASI +97bps, $41.01mill
•  Large crosses in Cadbury, Nigerian Breweries and Zenith drove activity

Kenya

•  NSE20 -21bps, $7.8mill
•  Foreign crosses in EABL were the highlight of the session

Botswana

•  DCI -7bps, $536k

Egypt

•  EGX30 -270bps, $222mill

Mauritius

•  Semdex +25bps, $836k

Zimbabwe

•  Ind -23bps, mining -73bps, $1.06mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.60

-1.06

Nigeria

NGN

164.90

-2.79

Kenya

KES

86.51

-0.24

Mauritius

MUR

30.10

-0.17

Botswana

BWP

8.82

-0.70

Tanzania

TZS

1639.00

-2.99

Uganda

UGX

2545.00

-1.06

Rwanda

RWF

677.21

-0.71

Ghana

GHS

2.69

-11.71

BRVM

XOF

479.61

+0.12

Egypt

EGP

6.96

-0.30

Morocco

MAD

8.17

+0.14

Tunisia

TND

1.58

+3.87

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