Market Insight: May 13, 2013


Africa

•  Zimbabwe’s Gono says plans to force banks to sell majority stakes to black Zimbabweans are “uninformed”

Nigeria

•  ASI +0.64%, $28.7m
•  Banks and consumers continue to be in demand from foreign investors
•  Nigeria plans to sell $1bn of Eurobonds to finance power projects after meetings with foreign investors in June
•  Nigeria targets $10bn of investment in agriculture by 2015

Kenya

•  NSE20 -0.58%, $22.9m
•  Large local cross in CFCB the bulk of the flow on an otherwise quiet day

Botswana

•  DCI unch, $1.85m

Egypt

•  Closed on Friday

Mauritius

•  Semdex +0.36%, $984k

South Africa

•  Top40 -0.26%, $1.67bn

Zambia

•  No data available

Zimbabwe

•  Ind +0.54%, Mining +1.19%, $1.53m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.12

-7.05

Nigeria

NGN

157.60

-0.92

Kenya

KES

83.80

+2.74

Mauritius

MUR

30.90

-1.13

Botswana

BWP

8.16

+4.90

Tanzania

TZS

1629.75

-2.75

Uganda

UGX

2590.00

+3.39

Rwanda

RWF

638.00

-1.02

Ghana

GHS

1.98

-4.08

BRVM

XOF

504.60

-1.06

Egypt

EGP

6.96

-8.52

Morocco

MAD

8.58

-1.30

Tunisia

TND

1.67

-7.47

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