Market Insight: May 22, 2013


Africa

•  Egypt’s Dollar black market premium falls amid Pound decline
•  Zimbabwe Stock Exchange plans IPO this year as Index rallies 38%
•  Mauritius trade deficit widens to 6.87bn Rupees

Nigeria

•  ASI +0.63%, $49.29mill
•  Massive cross in DangCem ($20m) drove activity
•  Consumer Stocks drove the market higher with the Consumer Goods Index gaining 1.49%

Kenya

•  NSE20 +0.37%, $10.8mill
•  CFCB released Q1 2013 results yesterday with net profits gaining 76.4%

Botswana

•  DCI +18bps, $4.33mill

Egypt

•  EGX30 -46bps, $33mill

Mauritius

•  Semdex unch, $2.8mill

South Africa

•  Top40 +207bps, $1.90bn

Zambia

•  LuSE +111bps, $25k

Zimbabwe

•  Ind -23bps, mining unch, $2.34mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.57

-11.50

Nigeria

NGN

158.20

-1.30

Kenya

KES

84.25

+2.20

Mauritius

MUR

31.20

-2.08

Botswana

BWP

8.42

+8.26

Tanzania

TZS

1629.00

-2.70

Uganda

UGX

2610.00

+2.60

Rwanda

RWF

639.71

-1.29

Ghana

GHS

1.99

-4.37

BRVM

XOF

511.85

-2.44

Egypt

EGP

6.98

-8.87

Morocco

MAD

8.63

-1.92

Tunisia

TND

1.65

-6.26

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