Market Insight: May 17, 2013


Africa

•  Tanzania to sell up to $2bn in Eurbond sale this year
•  Bank of Ghana sees second-half Dollars stemming Cedi slump
•  Zimbabwe wants to distribute diamonds to China, Dubai, Israel

Nigeria

•  ASI +0.45%, $22.08mill
•  Rather slow day yesterday with crosses in a few names dominating activity
•  April inflation accelerated to 9.1% while GDP grew 6.6% in Q1

Kenya

•  NSE20 +0.45%, $8.1mill
•  Robust activity continues with foreigners still prevalent in the market

Botswana

•  DCI -4bps, $931k

Egypt

•  EGX30 -51bps, $46mill

Mauritius

•  Semdex -9bps, $953k

South Africa

•  Top40 +127bps, $1.91bn

Zambia

•  LuSE -36bps, $160k

Zimbabwe

•  Ind +55bps, mining +218bps, $580k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.27

-8.68

Nigeria

NGN

157.60

-0.92

Kenya

KES

83.80

+2.74

Mauritius

MUR

31.25

-2.24

Botswana

BWP

8.31

+6.82

Tanzania

TZS

1629.00

-2.70

Uganda

UGX

2567.00

+4.31

Rwanda

RWF

636.89

-1.32

Ghana

GHS

1.99

-4.37

BRVM

XOF

510.00

-2.13

Egypt

EGP

6.97

-8.77

Morocco

MAD

8.60

-1.68

Tunisia

TND

1.65

-6.38

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