Market Insight: May 15, 2014


Nigeria

•  ASI +47bps, $27.9m
•  Chunky crosses dominate the market yet again as banks continue to rally (+76bps) with consumers following suit (+89bps) with lots of buying interest in NB (+2.28%)
•  • Union Bank of Nigeria looking to raise $750m to boost corporate lending

Kenya

•  NSE20 -69bps, $6.87m
•  Quiet day with foreign investors largely absent

Botswana

•  DCI +7bps, $70k

Egypt

•  EGX30 +1.92%, $148m

Mauritius

•  Semdex +17bps, $1.19m

Zimbabwe

•  Ind -67bps, $962k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.33

+1.55

Nigeria

NGN

162.57

-1.40

Kenya

KES

87.35

-1.20

Mauritius

MUR

30.10

-0.17

Botswana

BWP

8.69

+0.79

Tanzania

TZS

1650.00

-3.64

Uganda

UGX

2535.00

-0.32

Rwanda

RWF

688.02

-1.75

Ghana

GHS

2.88

-17.53

BRVM

XOF

481.14

-0.22

Egypt

EGP

7.05

-1.52

Morocco

MAD

8.18

+0.05

Tunisia

TND

1.62

+1.52

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