Market Insight: May 12, 2014


Africa

•  South Africa President Zuma pledges to boost economy as support for ANC dips
•  Rwanda inflation slows to 2.7% in April vs 3.4% in March

Nigeria

•  ASI -22bps, $29.01m
•  Large cross in the illiquid UAC Property helped boost activity on a quiet day
•  Guinness Nigeria to expand into offering lower-priced beers

Kenya

•  NSE20 +3bps, $11.8m
•  Foreign action in Safcom pushed the stock higher by 40bps to KES 12.85

Botswana

•  DCI +16bps, $285k

Egypt

•  Closed

Mauritius

•  Semdex +11bps, $1.55m

Zimbabwe

•  Ind -21bps, Mining unch, $1.11m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.37

+1.13

Nigeria

NGN

161.30

-0.62

Kenya

KES

87.15

-0.98

Mauritius

MUR

29.90

+0.50

Botswana

BWP

8.67

+0.83

Tanzania

TZS

1649.00

-3.58

Uganda

TZSUGX

2523.00

+0.16

Rwanda

RWF

680.50

-0.66

Ghana

GHS

2.90

-18.10

BRVM

XOF

479.12

+0.25

Egypt

EGP

7.04

-1.43

Morocco

MAD

8.16

+0.29

Tunisia

TND

1.61

+1.86

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