Market Insight: May 06, 2013


Africa

•  Angola plans to simplify tax codes to boost non-oil revenue
•  Uganda holds policy rate at 12% as inflation concerns mount
•  Zambia gets 180 bids for railways revamp

Nigeria

•  ASI +1.77%, $33.82mill
•  Banks were strong on Friday with the Bank 10 Index gaining 1.14%
•  UBA dominated activity thanks to a cross of 351m shares at 7.00

Kenya

•  NSE20 +0.69%, $7.6mill
•  Equity Bank is busy releasing results this morning

Botswana

•  DCI -3bps, $126k

Egypt

•  Closed

Mauritius

•  Semdex +69bps, $634k

South Africa

•  Top40 +175bps, $2.03bn

Zambia

•  LuSE +41bps, $336k

Zimbabwe

•  Ind +154bps, mining unch, $870k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.25

-8.40

Nigeria

NGN

158.63

-1.56

Kenya

KES

85.50

+0.70

Mauritius

MUR

31.15

-1.93

Botswana

BWP

8.23

+5.81

Tanzania

TZS

1625.00

-2.46

Uganda

UGX

2627.00

+1.93

Rwanda

RWF

635.3474

-0.61

Ghana

GHS

1.93

-1.65

BRVM

XOF

509.18

-1.95

Egypt

EGP

6.78

-6.26

Morocco

MAD

8.58

-1.55

Tunisia

TND

1.58

-1.83

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